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By Ashira Morris, ODP Staff Writer Taken together, the European Union’s 27 countries are the #4 carbon emitter globally. The recently released “Fit for 55” package spells out how, exactly, the bloc will go from its current output to hitting its goal of climate neutrality by 2050. One of the biggest proposed changes is an […]
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By Ashira Morris, ODP Staff Writer This week, Poland announced it will close the coal-fired Belchatow power plant by the end of 2036. The country’s national energy group opted not to develop an open-pit coal mine to power the plant after deciding it would not make financial sense. The decision comes as Poland’s Lodz region […]
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This week, European Union policymakers agreed to enshrine the bloc’s short- and long-term climate commitments. The European Climate Law takes the EU’s goals of reducing net emissions by 55% by 2030 and hitting climate neutrality by 2050 and makes them “legally binding and irreversible,” as German Environment Minister Svenja Schulze put it in Politico EU.
Why This Matters: European Commission President Ursula von der Leyen made clear at the Global Climate Summit yesterday that Europe wants to be “the first climate-neutral continent in the world,” and said that they had written it “into stone… to make Europe climate-neutral by 2050.”
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On Monday, 🇺🇸 @ClimateEnvoy John Kerry was in London to meet with 🇬🇧 allies ahead of #COP26 later this year. We asked Sec. Kerry to tell us more about how we’re working together to strengthen the global effort to combat the climate crisis. pic.twitter.com/qr1A28Fwhs — U.S. Embassy London (@USAinUK) March 10, 2021 Special Presidential Envoy […]
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Despite economic disruptions caused by the coronavirus pandemic, a growing number of countries, companies and financial institutions are committing to quit coal and are beginning to ditch oil and gas projects, too.
In this episode of Political Climate’s special DITCHED series, host Julia Pyper speaks to Tim Buckley at the Institute for Energy Economics and Financial Analysis (IEEFA) about what’s driving the increase in fossil fuel exits around the globe, including in historically coal-dependent economies such as China and India.
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Since 1990, the European Union has reduced its greenhouse gas emissions by 24 percent. It’s all part of the bloc’s goal of making Europe the first climate-neutral continent by 2050. The next big step toward that goal will be hitting a 55 percent reduction by 2030 — more than doubling the change over the last 30 years in the coming decade. The details of those goals will be hammered out in meetings next month.
Why This Matters: Europe’s pledge to reach neutrality by 2050 is a legal commitment that guides banks, policies, and decision-making. Each of the EU’s 27 countries must now write its own plan for how to reach these targets.
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