EU needs to shut all coal plants by 2030 to meet climate goals

[NickB79]

http://www.dw.com/en/eu-needs-to-shut-all-coal-plants-by-2030-to-meet-climate-goals/a-37665345

Here is what the study recommends: By 2020, 25 percent of all coal-fired power plants currently active in the EU should be shut down and by 2025, 47 percent should be switched off, which means the last three European power plants would be turned off in 2031.

This ambitioned coal phase-out is best accomplished, the researchers say, by implementing an improved trading system for emissions, increasing the amount of renewables and introducing a stable framework for new investments.

The researchers admit that considerable funds would be necessary to master this shifts in the energy sector, but they say the shift would come with considerable economic, social, and ecological benefits.

"The challenge for Europe now is to capitalize on its massive investments in climate policy, to seize the opportunities created by a coal phase out, so that all European regions benefit from this," says Bill Hare of Climate Analytics.

[pscot]

1. The world needs to shut down all coal plants

Now.