The Group of Seven (G7) countries have signed a deal to phase out coal-fired power generation from their respective power mixes by 2030-2035.

RWE coal phase out

Source: RWE

According to the World Economic Forum, energy ministers from the G7 nations have agreed to end the use of unabated coal power plants, with leeway offered to countries still heavily reliant on the fuel. Following talks in Turin, a statement from Canada, France, Germany, Italy, Japan, the UK and USA pledged to “phase out existing unabated coal power generation in our energy systems during the first half of 2030s”. However, countries could also opt for a date consistent with limiting global temperature increases to 1.5°C above pre-industrial levels.

Reuters reports that Germany and Japan could be given some breathing room, given that coal comprises a much larger proportion of the energy mix. Germany has written in its legislation a final target to shut coal plants by 2038 at the latest, while Japan has not set a date.