UK Banks Develop Plan to Shut Down Asian Coal-Fueled Power Plants

UK Banks Develop Plan to Shut Down Asian Coal-Fueled Power Plants

by Natasha Lasky, ODP Staff Writer According to the BBC, a handful of the world’s biggest financial institutions are devising a plan to speed up the closure of coal-fired power plants in Asia. The initiative was developed by UK insurer Prudential, is being driven by the Asian Development Bank (ADB), and includes major banks HSBC […]

Continue Reading 407 words
Renewables Set to Surpass Coal For First Time in US

Renewables Set to Surpass Coal For First Time in US

According to the Energy Information Administration’s latest short-term energy outlook report, in April, the electricity generated by wind, solar, hydropower, biomass and geothermal plants in the U.S. are projected to top coal power’s output by about 16 percent.  And the trend is expected to continue, even if the monthly output from coal is higher than renewables from time to time.  

Continue Reading 379 words

Want the planet in your inbox?

Subscribe to the email that top lawmakers, renowned scientists, and thousands of concerned citizens turn to each morning for the latest environmental news and analysis.