Sentences with phrase «coal plants overseas»

Supporting new coal development greatly undermines President Obama's much - touted climate legacy, including his commitment under the Climate Action Plan to restrict financing coal plants overseas and the recent formal U.S. commitment to the Paris agreement, which aspires to limit global temperature rise to no more than 1.5 degrees Celsius and thus rules out any question of U.S. investment in coal.

As part of his climate change initiative announced in June, President Obama declared, «Today I'm calling for an end of public financing for new coal plants overseas unless they deploy carbon capture technologies, or there's no other viable way for the poorest countries to generate electricity.»

Not exact matches

• Leads global sector public financing towards cleaner energy by calling for the end of U.S. government support for public financing of new coal - fired powers plants overseas, except for the most efficient coal technology available in the world's poorest countries, or facilities deploying carbon capture and sequestration technologies; and

The site revealed Steyer has had direct, personal involvement in assembling a portfolio of strategic investments in overseas coal mines and coal - fired power plants unprecedented in scale.

China and India alone are building, or intend to build, 800 new coal - fired power plants in the next 20 years, making any action by the US, which would cost jobs and send even more business overseas, pointless.

China has used its considerable financial muscle to back up its global coal campaign; Chinese state banks are estimated to have provided more than US$ 40bn in loans over the past 18 years for building coal - fired power plants overseas.

As part of those international efforts, the United States has agreed to end financial support for construction of new coal - fired power plants overseas, except for those in the «world's poorest countries» and those that employ carbon capturing technologies.

The plant, comissioned by local beverage company Froico SA, is expected to save around 2m tonnes of carbon dioxide emissions over its projected 25 - year lifetime and reduce the French overseas territory's dependence on oil, gas and coal, which generate the majority of its power today.

Financial Post, Dec 11, 2017 Canadian financial companies funding overseas coal plants as feds push phase - out

Peabody is the world's largest coal company and mines states like Wyoming and Montana for coal bound for coal plants in the U.S. and overseas markets.

Alpha said its actions «are being triggered by persistent weakness in U.S. and overseas coal demand and depressed price levels, along with government regulations that are causing electric utilities to close coal - fired power plants and forgo new construction.»