G20 Environment Ministers: No Consensus on Phasing Out Coal
The post G20 Environment Ministers: No Consensus on Phasing Out Coal appeared first on POWER Magazine.
The U.S., UK and other countries want world governments to commit to a phaseout of the use and financing of coal-fired power generation, but officials who met at the G20 Environment Ministers Meeting summit in Naples, Italy, this past week ended their talks without an agreement on the future of the fuel.
The topic will come up again at the 2021 United Nations Climate Change Conference, also known as COP26, in Glasgow, Scotland, later this year. The talks in Italy, which ended July 23, showed the difficulty among developed nations in reaching a consensus on carbon emissions, with coal-fired power still a dominant part of the energy mix in many countries.
The International Energy Agency (IEA) earlier this month reported that coal-fired generation is experiencing a resurgence this year after the pandemic-driven drop in 2020. The IEA has projects 3% growth in the construction of new coal-fired facilities in 2022.…