The future of coal has darkened considerably with energy company PKN ORLEN announcing that it will not invest in Ostrołęka C as a coal-fired project.
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Poland has taken a welcome step forward on phasing out coal this week, after state-owned coal utility PGE permanently closed the B1.
Civil society organisations warn the Polish insurer PZU that it is risking its business, reputation, and the health of tens of thousands of people across Poland’s southern border on a coal project dismissed by its competitors.
French global insurer AXA is putting European coal companies on notice that they should publish coal phase-out plans compatible with the UN Paris climate agreement by 2021.
The Greek Prime Minister and Hungarian President have just announced that they will phase out all coal-powered electricity production by 2028 and 2030.
Uniper annual general meeting – Change at the top gifts Uniper an opportunity to turn its back on coalMay 22, 2019 8:44 am Leave your thoughts
Düsseldorf, 22 May 2019 - Uniper, Europe’s fifth most polluting energy company, is holding its annual AGM today at the Congress Center, in Düsseldorf. The event will be presided over by the company’s newly appointed CEO, Andreas Schierenbeck and represents a unique opportunity for Uniper’s new leader to break with the company’s polluting practices of the past and steer Uniper into a UN Paris Climate Accord-compatible future.
Berlin, 21 May 2019 - Eight financial institutions have handed Europe’s most polluting utilities almost €16 billion in support since the Paris Agreement was signed in December 2015, a new briefing by Europe Beyond Coal and its partners BankTrack, Foundation Development YES – Open-Pit Mines NO, Friends of the Earth France, IIDMA, Re:Common and Urgewald has found.
Essen, 2 May 2019 - German coal giant RWE will be an increasingly bad investment as long as its coal-fired power plants stay in operation, and while its destruction of villages and the Hambach Forest continues, warn Urgewald and Europe Beyond Coal.
Helsinki, 26 March 2019 - Finland’s state-owned Fortum is now responsible for hundreds of premature deaths and other potent health impacts from coal across Europe, thanks to its increasing investments in German energy company Uniper, according to new modelling from Europe Beyond Coal and Greenpeace Nordic.