About: coal
Fossil fuel shares drop in value compared with clean energy, think tank says
The value of share offerings in fossil fuel companies has dropped by almost 20% since 2012, while low-carbon companies gained ground in a shift towards clean energy, a report by think-tank Carbon Tracker showed on Wednesday (31 March).
‘It’s hard, we’re neighbours’: the coalmine polluting friendships on Poland’s borders
Czechs and Germans who live in the shadow of the vast Turów mine claim it is an environmental menace. Some in Poland want to weaponise its defence. EURACTIV’s media partner, The Guardian, reports.
Hungary brings coal exit forward by five years, to 2025
The country’s last coal power plant will be shut down in 2025 instead of 2030, Hungary’s secretary of state for EU affairs announced earlier this week.
EU advisors and Poland’s PGE increase pressure over gas in green finance rules
The European Commission came under new pressure on Monday (22 February) from Poland's biggest power producer, PGE, and its own advisors, over whether to include gas power in EU rules on sustainable finance.
Germany’s RWE uses Energy Charter Treaty to challenge Dutch coal phase-out
German energy giant RWE has used the Energy Charter Treaty to claim compensation from the Netherlands over its planned phase-out of coal from the country’s electricity mix by 2030.
China launches carbon emissions trading scheme
China launched a carbon trading system designed to drive down greenhouse gas emissions on Monday (1 February), as the world's biggest polluter takes steps towards decarbonising its economy by 2060.
EU foreign ministers to push for global fossil fuel phase-out
European Union foreign ministers will promote a global phase out of fossil fuels and reaffirm commitments to funding climate adaptation at a meeting on Monday (25 January).
Renewables overtook fossil fuels as EU’s main power source in 2020
Renewables generated 38% of the EU’s electricity in 2020, overtaking coal and gas to become the main source of electricity for the first time ever in Europe, according to fresh data released on Monday (25 January).
West Poland subregion aims to be first in the country to hit net zero
In 2030, the last electricity produced from coal will flow in Greater Poland, the second-largest region in the country. By 2040, the area intends to achieve climate neutrality.
Shift to renewables ‘significantly decreased’ emissions, EU agency says
Europe's shift from fossil fuel-based electricity to renewable sources has cut down on greenhouse gas emissions while tackling environmental problems, the European Environment Agency (EEA) said on Monday (18 January).
UK government won’t block first deep coal mine in three decades
Despite pressure from green groups, the UK Government has said it will not intervene in a county council's decision to approve a deep coal mine – the first facility of its kind to gain planning approval in 30 years, reports EURACTIV's media partner, edie.net.
Poland goes all out on coal rescue against EU’s higher climate goal
The Polish government is on the hunt for securing yet another stream of subsidies to its coal industry, two weeks after EU leaders agreed on an enhanced climate target by 2030. But the European Commission can stop this, Elif Gündüzyeli and Joanna Flisowska write.
Mind the gap: how EU countries perform on climate
EU member states will need to step up their efforts on renewables and energy efficiency in order to meet the bloc's updated climate and energy targets for 2030.
Poland eyes hard split with coal
Coal-dependent Poland aims to shut its last mine by the EU's 2050 target, but experts warn the move to go green comes late and faces many hurdles.
Poland taps coal region for first electric car plant
Poland's first state-backed electric car plant is expected to begin production by 2024 in a region of the EU country that now relies heavily on coal mining for jobs, the ElectroMobility Poland (EMP) carmaker said on Tuesday (15 December).
While coal premiums soar, insurance groups still supports oil and gas
Insurance companies have accelerated their withdrawal from coal this year, making it costlier to secure insurance for new projects. However, the insurance industry is still underwriting oil and gas companies, according to new research.
Brussels approves German hard coal exit tender
The European Commission on Wednesday (25 November) green-lit a scheme under which operators of hard coal-fired power plants in Germany will be paid to shut down their stations earlier in the wake of the country’s accelerated exit from the fuel.
Poland can contribute to the EU’s 55% target while solving its key problems
Poland is lagging behind cutting greenhouse gas emissions, but diversifying its energy mix, making heating clean and increasing traffic electrification could improve emission reductions and transform the economy for the future, writes Aleksandra Gawlikowska-Fyk.
Financing mechanisms for the energy sector
Climate neutrality translates into commitments undertaken by various industries, communities and other stakeholders. The European energy sector is already committed to be carbon neutral before 2050. However, some countries are already fully decarbonised in terms of power generation, while others...
Poland should not phase out coal before 2060, unions say
Poland should not phase out coal before 2060, mining trade unions said on Thursday (24 September), as talks with the government continued on the restructuring of the industry, which generates most of the country's electricity.
Berlin refuses to disclose details of €4bn coal phase-out deal with energy firms
German energy companies LEAG and RWE are set to receive over €4 billion for closing their lignite-fired power plants. But nobody knows how the compensation was calculated and the German economy ministry refuses to provide details, citing procedural matters. EURACTIV Germany reports.
New coal law will be ‘canary in a coal mine’ moment for German presidency
As Germany takes the helm of the EU, its problematic coal law risks sending out the wrong signals, writes Riccardo Nigro.
Oil, gas, coal could lose two-thirds of value by 2070, says study
Business in oil, gas and coal is becoming increasingly unprofitable as global fossil reserves could lose around two-thirds of their value in the next 50 years, plummeting from around $39 trillion to $14 trillion, according to a study published on Thursday (4 May) by British think tank Carbon Tracker. EURACTIV Germany reports.