fossil fuel

Portugal has announced the closing of its only remaining coal plant, Pego, thereby becoming the fourth country in Europe to complete a coal phase-out, alongside Belgium, Austria and Sweden.

The Fossil Fuels Financing Policy from Standard Bank Group sets out a range of strict conditions that must be met before the bank funds coal, oil and gas projects.

How governments, corporates and individuals react to climate change today will have far-reaching consequences from which there are no solutions.

“From a climate and health perspective, the trend toward a declining coal power fleet is encouraging, but not happening fast enough,” according to Ted Nace director of CoalSwarm, a network of researchers on fossil...