2020 has not been a nice year for coal power. According to a new study, the size of the global coal power fleet fell for the first time on record over the first six months of the year, with more generation capacity shutting than starting operation. Global Energy Monitor, a US … [Read more...] about Study: More coal power plants are being closed than opened
fossil fuels
New York to divest massive pension fund from fossil fuels
Environmental activists won an incredible victory this week after the state of New York announced it will divest its $226 billion pension fund from fossil fuels. New York state has the third-largest pension fund in the US, with more than $12 billion having been invested in … [Read more...] about New York to divest massive pension fund from fossil fuels
Mayors from 12 major cities commit to divesting from fossil fuels
Investing in green initiatives could accelerate an economic recovery from the Covid-19 pandemic, but if the federal government isn’t willing to divest from fossil fuels, then it’s up to local governments to do so. Recently, mayors of 12 major cities signed C40’s “Divesting from … [Read more...] about Mayors from 12 major cities commit to divesting from fossil fuels
Unilever to invest €1bn in making its cleaning products fossil fuel-free
A couple of months ago, Unilever announced a bold commitment to invest €1 billion over the next decade in projects that will benefit the environment and will help deliver on its goal to achieve net-zero emissions by 2039. In a bid to take it a step further, the consumer goods … [Read more...] about Unilever to invest €1bn in making its cleaning products fossil fuel-free
England says goodbye to one of the country’s last remaining coal mines
The doom of coal is on its way in England as the country prepares the closure of one of its last remaining coal mines located in the north of the country, only two months after another nearby mine ended its coal production. Banks Group, the owner of the surface mine, applied for … [Read more...] about England says goodbye to one of the country’s last remaining coal mines
