explore | Grilled Cheese

City of London is still the 'coal capital of Europe'. UK-based banks provided £6.2bn in #coal financing since Cop26 in Glasgow in 2021 when global leaders pledged to “phase down” coal use, more than either German or French banks.
#ClimateCriminals
#ClimateCrisis

www.theguardian.com/environment/...

😂 Global bank financing for thermal #Coal held at $117 billion annually from 2022 to 2025, total $467 billion. European cuts were absorbed by #China and US lenders, which supplied 62% and 14% of the capital. Climate pledges shifted the balance sheet, not the total.

While the Iran war has boosted energy prices and seaborne thermal coal has joined the party, the longer-term outlook for the fuel in the dominant importing region of Asia is going to be a tussle between a slow decline in demand and a gentle easing of supply. #coal www.reuters.com/commentary/r...

The NSW Independent Planning Commission approves plans that will allow Hunter Valley Operations to continue coal mining at a site near Singleton until 2045. #coal #mining #environmental #issues #metals #industry #climate #change #regional #communities

🇨🇳 China just reached a pretty wild energy milestone. #Solar has now passed coal in installed power capacity. #Coal still makes more electricity overall, but solar is catching up fast ⚡

You Won’t Believe Which Energy Company is Now Funding Aussie Classrooms – Spoiler: It’s Not Renewable!
#Coal #Curriculum #Fossil #Business #Satire
https://processorpress.com/story/756/coal-and-curriculum-fossil-fuel-giants-sponsor-260-new-green-lessons-in-aussie-s