UNITED AGAINST COAL

11th June 2021

UNITED AGAINST COAL

Photo by: Bloomberg

United Nations secretary-general Antonio Guterres has again called on countries to stop investing in coal, telling participants to a recent International Finance Forum, in Beijing, China, that this “means stopping the financing of coal domestically and abroad and phasing out its use”. Bloomberg reports that coal consumption is expected to rise this year, with US power plants projected to consume 16% more coal, while China is expected to burn a record amount of the fuel before implementing reductions from 2026. Photograph: Bloomberg