Huge benefits from ending subsidies to fossil fuel
Fossil fuel subsidies support an industry that causes premature deaths and ill-health worldwide – the health costs associated with fossil fuel use are more than sixfold the subsidies.
Large combustion plants will have to meet new mandatory standards for the release of toxic air pollutants under the EU’s Industrial Emissions Directive from 2021.
One-third of existing coal capacity must retrofit or close
More than 100 coal-fired plants, representing one-third of the EU’s large-scale coal-fired power plant capacity, face costly air quality upgrades or closure as a result of the new EU emissions limits for large combustion plants ..
Work has frozen at over 100 projects in China and India, in addition there is a 62 per cent decline in global construction starts and a 48 per cent drop in pre-construction activity.
ENDS reports that carbon dioxide emissions from power stations and other major combustion plants, which account for 65 per cent of the European Union total, fell by four per cent in 2016 compared to the preceding year.
