Get 40% Off
🚨 Volatile Markets? Find Hidden Gems for Serious OutperformanceFind Stocks Now

Climate talks work on fair way to phase out coal use: Canada

Published 12/12/2018, 12:05 PM
Updated 12/12/2018, 12:10 PM
© Reuters. Catherine McKenna, Minister of Environment and Climate Change in Canada, answers a question during the Concordia Summit in Manhattan

By Nina Chestney

KATOWICE, Poland (Reuters) - Governments attending climate talks in Poland are working to ensure economies and jobs are preserved in the shift away from coal-fired power generation, Canada's environment minister said.

The debate about coal use has threatened to overshadow discussions on developing renewable and low-carbon energy at U.N. climate talks in Katowice, a city that lies in the heart of Poland's Silesia coal mining region.

Delegates from nations that rely heavily on coal power have called for a "just transition" from fossil fuels to ensure the shift to cleaner energy does not hurt jobs and economies.

"The issue of a 'just transition' - how you support jobs - is top of the minds of governments," Catherine McKenna, Canada's minister for environment and climate change, told Reuters.

"Coal, practically, isn't coming back but it is important we all look at opportunities and recognize we need to talk about workers and communities. That's a big issue here in Poland but it is also an issue in Germany," she said.

A U.N. report said in October that renewable energy would need to supply the bulk of world electricity by 2050 to keep global warming within a 1.5 degrees limit. Coal would have to fall to under 2 percent from almost 30 percent now.

Two weeks of talks in Poland among about 190 countries end this week.

Last year, Canada and Britain launched the Powering Past Coal Alliance, a coalition of 28 countries, as well as cities, provinces, states and businesses. It aims to encourage developed nations to phase out coal-fired power by 2030.

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

But several countries have been promoting fossil fuel use at talks in Poland, jarring with environmental campaigners and nations pushing for alternative power sources.

Polish President Andrzej Duda said last week that Poland's coal industry had a long future and vowed not to let anyone "murder coal mining". The country relies on coal for around 80 percent of its power and more than 82,000 mining jobs.

While calling for coal to be phased out, Canada has been criticized as one of the world's top oil and gas producers.

McKenna said Canada was addressing such concerns.

"We are in a transition and transitions are not going to happen from one day to the next. People are still driving cars and even in a 1.5C scenario we are still going to be using oil and gas but moving as quickly as we all can towards cleaner sources," she said.

She said Canada was investing in renewables and cited efforts in the Canadian province of Alberta, which relies heavily on oil and gas but has introduced a carbon tax and aims to impose a limit on emissions from oil sands.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.