European Union Agrees to End Coal Subsidies by 2025

Written by Sami Grover

Poland, however, gets some wiggle room.

Given how bad climate change already is for our health, how quickly we need to decarbonize, and how much the damage from fossil fuels is costing us, it’s utterly crazy to think that we still subsidizing coal to the extent that we do.

And yet here we are.

The good news, coming to us via Frédéric Simon over at Climate Home News, is that the European Union just agreed to phase out almost all coal subsidies by 2025 at the latest. There is, however, one fairly significant caveat: Poland, the most coal dependent of member states, will be allowed to grandfather in contracts made before the end of December 2019. While hardly ideal, it seems this particular clause was necessary to prevent Poland from holding out and collapsing the deal altogether.

The really good news is that deals like this don’t exist in a vacuum. A significant percentage of coal plants are losing money already, and the vast majority will be in the near future—even without deals like the one just announced.

This deal isn’t enough to avert climate crisis. But it’s one of the steps that needs to happen to get us there. To those who celebrated Christmas, I hope Santa brought you something other than, well, you know what…

This post originally appeared on TreeHugger.

Photo Credit: Getty Images

61 comments

Diane E
Diane E10 days ago

Things are moving forward, but it's patchy and slow. Go green.

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Gabriel C
Gino Cabout a month ago

tyfs

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Lara A
Lara Aabout a month ago

thanks for sharing

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Olivia H
Olivia H2 months ago

Thanks

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Diane E
Diane E3 months ago

Thanks. Important news.

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Vincent T
Vincent T3 months ago

Thanks very much

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Anna R
Alice R3 months ago

Thank you

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Knud T
Knud T5 months ago

Thank you

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Caitlin L
Past Member 5 months ago

thank you

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Michael F
Michael F6 months ago

Thank You for Sharing This !!!

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