coal - Garner Ted Armstrong Evangelistic Association https://www.garnertedarmstrong.org Let No Man Take Your Crown Fri, 07 Jun 2024 23:10:45 +0000 en-US hourly 1 https://www.garnertedarmstrong.org/wp-content/uploads/2024/05/cropped-Screen-Shot-2024-05-16-at-1.06.13-PM-32x32.png coal - Garner Ted Armstrong Evangelistic Association https://www.garnertedarmstrong.org 32 32 Exclusive: Major world economies seek to halt new private sector coal financing https://www.garnertedarmstrong.org/exclusive-major-world-economies-seek-to-halt-new-private-sector-coal-financing/?utm_source=rss&utm_medium=rss&utm_campaign=exclusive-major-world-economies-seek-to-halt-new-private-sector-coal-financing Fri, 07 Jun 2024 23:10:45 +0000 https://www.garnertedarmstrong.org/?p=45941 BRUSSELS/LONDON, June 7 (Reuters) – Some of the world’s major economies want to finalise a plan ahead of this year’s U.N. climate summit to halt new private sector funding for coal projects, five sources with direct knowledge of the matter … Read More

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]]> BRUSSELS/LONDON, June 7 (Reuters) – Some of the world’s major economies want to finalise a plan ahead of this year’s U.N. climate summit to halt new private sector funding for coal projects, five sources with direct knowledge of the matter told Reuters.

If approved, the draft proposal by the Organisation for Economic Co-operation and Development, would be the first move by a multilateral institution to curb financing for coal, one of the biggest causes of climate change, which produces more carbon dioxide emissions than oil or gas when it is burned for energy.

The draft plan, which aims to set a “gold standard” policy for how financial institutions approach coal, instructs investors, banks and insurers to halt new financing to existing or planned coal projects, and end funding to companies building coal infrastructure, the sources said.

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Source: https://www.reuters.com/business/environment/major-world-economies-seek-halt-new-private-sector-coal-financing-2024-06-07/

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]]> COP27: Sharp rise in fossil fuel industry delegates at climate summit https://www.garnertedarmstrong.org/cop27-sharp-rise-in-fossil-fuel-industry-delegates-at-climate-summit/?utm_source=rss&utm_medium=rss&utm_campaign=cop27-sharp-rise-in-fossil-fuel-industry-delegates-at-climate-summit Thu, 10 Nov 2022 20:51:41 +0000 https://www.garnertedarmstrong.org/?p=42945 The number of delegates with links to fossil fuels at the UN climate summit has jumped 25% from the last meeting, analysis shared with the BBC shows. Campaign group Global Witness found more than 600 people at the talks in … Read More

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The number of delegates with links to fossil fuels at the UN climate summit has jumped 25% from the last meeting, analysis shared with the BBC shows.

Campaign group Global Witness found more than 600 people at the talks in Egypt are linked to fossil fuels.

That’s more than the combined delegations from the 10 most climate-impacted countries.

Around 35,000 people are expected to attend the COP27 summit in the Red Sea resort of Sharm el-Sheikh.

These conferences have always attracted significant numbers from the coal, oil and gas industries, who are keen to influence the shape of the debate.

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Source: https://www.bbc.com/news/science-environment-63571610

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