'Obama wants to force coal plants to reduce emissions'

US President Barack Obama wants to force coal energy plants to reduce emissions and pay for greenhouse gases they do emit through a cap and trade system, the New York Times said Thursday.

Australia PM defends coal after UN warning on climate

Australian Prime Minister Tony Abbott on Tuesday defended using coal to generate energy as "the foundation of our prosperity", after the United Nations warned that carbon emissions were leading to disaster.

CO2 emissions set to surge, IEA warns

Climate-changing CO2 emissions are set to surge by the second-biggest amount in history this year as the global economy recovers from the COVID-19 pandemic, the IEA warned Tuesday, days before a major climate summit.

Banks profiting from coal despite climate alarm: report

The world's biggest banks are ploughing hundreds of billions of dollars into coal mining despite claiming to be leaders in the fight against climate change, according to a report issued at a UN conference Wednesday.

Rich nations, China must accelerate race to net zero: IEA

Rich and developing nations alike must sharply improve their net-zero targets, the International Energy Agency said Tuesday, warning that a clean energy surge was the main reason the world's climate goals are still achievable.

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