CCAI Newsletter March-21

Page 22

GLOBAL U.N. chief urges wealthy nations to phase out coal use by 2030 U.N. Secretary-General Antonio Guterres called on wealthy nations to end coal use by 2030 so the world can meet its goals to curb global warming, urging G7 nations to make that commitment before or at a leaders' summit in June. In a video message to a virtual gathering of the "Powering Past Coal Alliance", Guterres said emissions- cutting pledges by governments fell far short of what is needed to limit climate heating to 1.5 degree Celsius above preindustrial levels. But if immediate action were taken to end use of what he called the dirtiest, most polluting and increasingly costly fossil fuel in power generation, "then we have a fighting chance to succeed", he added.

22 | CCAI Monthly Newsletter March 2021

"Phasing out coal from the electricity sector is the single most important step to get in line with the 1.5- degree goal," the U.N. chief said. Scientists estimate that coal use in electric power generation must fall by 80% below 2010 levels by 2030 to meet the 1.5C warming limit, which is the more ambitious goal set by more than 190 nations in the 2015 Paris Agreement. Guterres said all 37 countries in the Organisation for Economic Co-operation and Development (OECD) - a group of mainly high-income nations - should promise to stop using coal by 2030, and the rest should do so by 2040.

China economic blueprint signals more coal investment China will invest more in coal to power its economy over the next five years, according to a


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