close
close

Apre-salomemanzo

Breaking: Beyond Headlines!

    • UK to soon introduce legislation banning new coal mining licenses
    aecifo

    UK to soon introduce legislation banning new coal mining licenses

    Umito Posted on

    Coal-fired energy is being phased out to limit global temperature rise to 1.5°C and improve air quality. Credit: Maksim Safaniuk/Shutterstock.

    The UK government has announced plans to introduce legislation as soon as possible to stop the issuance of new coal mining licenses as part of its efforts to transition to clean energy.

    Coal-fired power, the largest contributor to energy-related CO₂ emissions worldwide, is being phased out to limit global temperature rise to 1.5°C and improve air quality.

    Britain’s last coal-fired power station, at Ratcliffe on Soar, closed in October, marking the end of coal’s contribution to the UK’s electricity supply, which stood at around 40% in 2012.

    The transition from coal to clean energy is accelerating, with the government investing in domestic sources of clean energy, including carbon capture and hydrogen.

    This change is expected to generate hundreds of thousands of new jobs and revitalize the UK’s industrial regions.

    At the COP29 summit in Baku, Azerbaijan, British Prime Minister Keir Starmer unveiled the Clean Industry Bonus, offering £27 million ($34 million) per gigawatt to offshore wind developers investing in industrial hubs historic and coastal areas of the United Kingdom, as well as in oil and gas. communities.

    Access the most comprehensive company profiles on the market, powered by GlobalData. Save hours of research. Gain a competitive advantage.

    Company Profile – Free Sample

    Your download email will arrive shortly

    We are confident in the unique quality of our business profiles. However, we want you to make the decision that is best for your business, which is why we are offering a free sample that you can download by submitting the form below.

    By GlobalData







    Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information about your rights in relation to your personal data and how you can unsubscribe from future marketing communications. Our Services are intended for business subscribers and you warrant that the email address submitted is your business email address.

    At the summit, the Prime Minister said the country aims to reduce greenhouse gas emissions by 81% compared to 1990 levels by 2035, as part of the government’s plans to achieve net zero emissions. by 2050.

    UK Energy Minister Michael Shanks said: “Coal mining has powered this country for more than 140 years and we owe a huge debt to the workers who kept homes and businesses lit. across the country.

    “The UK is now in a prime position to lead the way in phasing out coal-fired power globally, which remains the largest contributor to global emissions.

    “By making coal power a thing of the past, we can pave the way for a clean, secure energy system that will protect bill payers and create a new generation of skilled workers.” »

    The International Energy Agency reports that coal remains the largest energy-related source of CO₂. emissions, responsible for 45% of emissions linked to fuel combustion in 2022, followed by oil at 33%.


    Umito
    View all posts

    You Might Also Like