Britain goes ex-coal

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From Reuters:

Britain aims to close its coal-fired power plants by 2025 under newly unveiled plans, becoming the first major economy to put a date on shutting coal plants to curb carbon emissions.

Instead, the country will look to nuclear and natural gas-fired power plants to complement intermittent renewable energy, Secretary of State for Energy and Climate Change Amber Rudd said.

Around a third of Britain’s electricity came from coal-fired plants last year but many of the 12 still operating are old and due to close over the next decade under tightening European Union environmental standards.

About the author
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.