Discover and read the best of Twitter Threads about #coalphaseout

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EU #CoalPhaseOut action plan: 16 EU Members States will be #coal free by 2025, remaining states must follow by 2030 for a cost-efficient #netzero pathway. 6 countries not yet committed to 2030. We identified a policy mix without new fuel lock-ins & minimum costs. Findings 👇1/9 Phasing out coal in the EU’s power system by 2030
Key Finding 1: The EU's 2030 climate target of -55 % requires a complete #coal phase-out in the power system by 2030. An EU-wide #CoalPhaseOut2030 saves 1 billion tons of CO2 compared to 40 % emissions reduction at little additional costs to consumers. 2/9
How will the EU coal phase-out by 2030 affect the price of #electricity? Consumers can expect a price increase of only 0.5 ct/kWh with a policy mix scenario - a figure that is dwarfed by the current increase in #powerprices driven by more costly #fossilgas. 3/9 Phasing out coal in the EU’s power system by 2030
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Ahead of crucial #COP26 & amid intensifying climate crisis, the @EU_ Commission today presents the #FitFor55 package aiming at cutting EU emissions by 55% by 2030. Implementation will require far-reaching changes in mobility, housing, land use, industrial production. 1/11
The @EU_Commission sends the following signal to the international community: EU ups the ante to align the block on the 1.5° pathway, as pledged in the #ParisAgreement. #Fitfor55 will show whether the EU is ready to walk the climate talk while ensuring a just transition. 2/11
The walk will only be fully successful if environmental integrity and social and distributional justice go hand in hand. Agora welcomes the setting up of a social fund to ensure that its #Fitfor55 proposals lead to greater social solidarity. 3/11
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