Courtesy The Guardian

Yesterday, at a press conference in Brussels, the majority of the European Union announced that they would not be investing in any future coal-fired plants after 2020 in an effort to meet the Paris agreement of 100-percent carbon neutrality by the year 2050. While 26 of the 28 member states agreed to halt investment in coal plants, Greece and Poland did not sign up for the initiative.

“History will judge this message we are bringing here today," said Kristian Ruby, secretary-general of Eurelectric, the association of the electricity industry in Europe. "It is a clear message that speaks for itself, and should be seen in close relation to the Paris agreement and our commitment to provide 100% carbon-neutral electricity by 2050.”

Read the full story on The Guardian.

Read more >