Business
Survey reveals a world still hooked on coal despite best intentions – Sydney Morning Herald
Despite the lofty goals of the United States and the European Union and the Paris Agreement targets, nearly three billion tonnes of new coal will be extracted each…
New mines and expansions of existing mines will be producing coal for a world in which coal is unviable economically and untenable for the environment, he said.
The report comes as the Group of Seven wealthy nations increases its efforts to step away from coal. In May the G7 announced its members had agreed to end international finance of coal projects that emit carbon by the end of the year and to phase out all fossil fuels.
The Welzow-Sud open-cast coal mine in Germanys Brandenburg state.Credit:The…
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