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Coal Power Intro

The world can no longer wait to move away from coalfired electric power generation.


By 2017, business-as-usual construction of coal plants will put the goal of limiting climate change to 2°C (let alone 1.5°) out of reach. Encouragingly, some countries have made progress towards shutting down coal plants and decarbonizing their energy grids. At the same time, a glut of climate-destroying coal plants is in the global pipeline. These plants will require billions of dollars in financing to build, making it imperative for global banks to stop financing coal power immediately.

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