The burning of fossil fuels such as coal, oil and gas is the chief driver of the climate crisis.
become more and more dire from one UN Climate Summit to the next, our data regarding companies' transition plans remains depressingly consistent," Schuecking said.
Today, there are more than 6,500 coal plant units globally with a combined capacity of 2,067 gigawatts.was signed, the global coal plant fleet had seen a net increase of roughly 157 gigawatts. That's the equivalent of Germany, Russia, Japan and Poland's coal fleet added up together. "Stopping investing in or financing coal developers, that should be a no-brainer. I just don't see how anyone can be serious about the Paris goals or be an institution that takes climate seriously if you're still involved with coal developers," Schuecking said.
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