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The Global Energy Crisis Is Driving Countries Back To Coal

Summary by Oil Price
Five years ago, over 40 countries pledged to scale back and phase down unabated coal power at the COP26 UN Climate Summit by 2030-2040, with hundreds of institutions promising to end international coal financing. Three years later, the Group of Seven (G7) nations, namely the United States, UK, Canada, France, Germany, Italy, and Japan, officially agreed to exit from unabated coal power generation between 2030 and 2035, marking the first major co…

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Oil Price broke the news in London, United Kingdom on Wednesday, May 20, 2026.
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