Obama Scorches Coal; Clean Power Plan for Carbon-Free; Zimbabwe Climate Commitment Oerreach
Coal companies have been scorched under Obama. Companies have struggled for five years in an environment of strict regulation and low prices, along with a host of poorly-timed mergers. Alpha Natural Resources filed for bankruptcy on Monday, becoming the latest coal company to succumb to the difficult environment.
Clean Power Plan Paves Way Toward a Carbon-Free Economy. “Across the globe, this commitment to cut emissions from power plants by nearly a third from 2005 levels will be seen as a crucial step toward fulfilling President Obama’s pledge to reduce our country’s greenhouse gas emissions 26-28 percent by 2025, which will set us on the path to achieving a strong emissions reductions agreement at the upcoming COP21 climate negotiations.”
Zimbabwe’s Climate Change Ambitions May be Too Tall. With the U.N. Climate Change conference later this year in Paris fast approaching, Zimbabwe’s climate change commitments face the slow progress on an issue that continues to stalk other developing countries – climate finance.
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