US Backing New Plan To Cripple Coal Industry At UN Climate Conference

[Elderberry]

Daily Caller by Nick Pope 11/21/2023

The Biden administration is set to back a plan that would crush the coal industry at the upcoming United Nations (UN) climate summit, Reuters reported on Tuesday.

The U.S. will reportedly support a French plan to get the countries of the world to ban private financing of coal-fired power plants during the upcoming UN conference, known as COP28, according to Reuters. The plan is likely to drive a rift between countries like the U.S. and France and those like China and India, which are reliant on coal to feed their economies cheap and reliable electricity.

The proposed plan would allow the Organization for Economic Co-operation and Development (OECD) to set coal standards for private financing companies that would allow regulators, ratings agencies and non-governmental organizations to track coal financing, according to Reuters.

Daily Caller
@DailyCaller

Sen. Barrasso: At Climate Conference Biden ‘Pledged Allegiance To The Flag Of The United Nations’ Not The United States

The U.S., the European Union (EU) and Canada had been working together to assemble a strategy for phasing out coal, which they view as the leading threat to achieving international climate targets, according to Reuters. Approximately 73% of the electricity consumed in India is generated using coal, according to Reuters, and China permitted an average of two new coal plants each week in 2022, according to analysis conducted by the Centre for Research on Energy and Clean Air.

More: https://dailycaller.com/2023/11/21/us-plan-coal-finance-un-climate-conference/

[mountaineer]

Thank goodness we'll be able to power all those electric vehicles with unicorn farts.

[Smokin Joe]

List of power stations in North Dakota (we export half the electricity generated here).

    Coal (57.1%)
    Wind (34.1%)
    Hydroelectric (5.2%)
    Natural Gas (3.5%)
    Other (0.1%)

Western North Dakota contains an estimated 351 billion tons of lignite, the single largest deposit of lignite known in the world. North Dakota also contains an estimated 25 billion tons of economically mineable coal, enough to last for over 800 years at the present rate of 32 million tons per year.