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Coal News
RWE compensated for early phase-out of coal
The European Commission approved Germany’s decision to award EUR2.6 billion (USD2.8 billion) in compensation to RWE for the early phase-out of it lignite-fired power plants.
COP28 sees 118 countries aim to triple installed renewable capacity
The COP28 climate summit has, as expected, proven to be a hotbed of top-level announcements regarding decarbonisation. On December 2, among a slew of announcements, 118 countries pledged to triple renewable energy capacity while doubling energy efficiency by 2030.