Environmental

New ‘Carbon Trap’ Report: G20 Nations Financed $76 Billion in Coal Development Worldwide

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With plans to finance at least $24 billion more, dirty fuel investment guarantees decades of climate pollution and undermines Paris climate agreement goals and shift to clean energy

WASHINGTON –(ENEWSPF)–November 14, 2016.  In a glaring conflict with their global climate commitments, the world’s largest economies are continuing to pour billions into financing of overseas coal power plants, coal mining and coal infrastructure—trapping the world into decades of dangerous carbon emissions that will worsen climate change,…

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