You've successfully subscribed to Warp News
Great! Next, complete checkout for full access to Warp News
Welcome back! You've successfully signed in.
Thank you! Check your email inbox to activate your account.
Success! Your billing info is updated.
Billing info update failed.
Coal generation collapsed in Europe over the first six months of 2019

Coal generation collapsed in Europe over the first six months of 2019

Warp Curated News
Warp Curated News

Sometimes when you fall, you fall really hard. That’s how it’s going for coal at the moment, the former king when it came to energy production.

According to a new report from climate think-tank Sandbag, coal generation in the European Union collapsed by 19 percent in the first half of 2019, with reported declines in almost every coal-burning country. Dave Jones, an electricity analyst at Sandbag, credits the decline of coal to carbon pricing, which is approaching €30 per tonne. This has shifted the economics not only “from coal to gas generation, but also from coal to clean generation.” And with the economics becoming less and less favorable for coal power, policymakers are finding it much easier to support wind and solar.

Of all the European countries that saw significant declines in coal generation, Germany saw the biggest drop at 22 percent. With that…
Continue Reading at The Optimist Daily…

📝 Get a weekly dose of fact-based optimism right in your inbox every week.

Join over 15,000 optimistic, forward-looking subscribers who are making a better and more prosperous future come sooner.