Category: Energy Transition

Michael Bloomberg Promises $500 Million to Help End Coal

Michael R. Bloomberg, the former mayor of New York City, said on Friday he would donate $500 million to a new campaign to close every coal-fired power plant in the United States and halt the growth of natural gas. New York Times

U.S. Risks Roiling Oil Markets in Trying to Tighten Sanctions

By pressuring China and India to end or sharply reduce oil purchases from Iran and Venezuela, American officials are seeking to cut off a key economic lifeline for what the administration considers to be two rogue nations that threaten the stability of the Middle East and Latin America. New York Times

Phasing out Coal in the German Energy Sector

This detailed reader summarises how Germany’s coal phase-out can succeed and explains the most relevant aspects of climate and energy policy as well as the economic consequences of phasing out coal. Ecologic Institute

Siemens wants to shift responsibility for nuclear waste onto German state

Germany’s nuclear power plant operators have paid over 24 billion euros into a publicly-owned fund that is charged with financing the country’s nuclear clean-up. While the energy companies pay for deconstructing their nuclear plants, the state is responsible for ensuring that nuclear waste is stored safely. Clean Energy Wire