Finland to become first country to ban coal use for energy by 2030

Signal of change / Finland to become first country to ban coal use for energy by 2030

By Courtnee O'Neill / 28 Nov 2016
Through its new ‘Energy and Climate Strategy’ Finland has proposed to stop using coal-fired power by 2030. Coal as a traditional source of power will be replaced with increased usage of bio-fuels and renewable energy. Last year renewable energy sources accounted for 40% of all energy consumed leading to further investments of £68 million being made in the sector in February 2016. Finland aims to reduce its coal use in the next 14 years resulting in an eventual ban by 2030. Canada, the UK and France have all documented shifts to phase out coal within 10 to 15 years. Is this an indicator for a new global momentum towards renewable energy at the forefront of power?

Sources

http://www.independent.co.uk/news/world/europe/finland-plans-completely-phase-out-coal-2030-a7438731.html

What might the implications of this be? What related signals of change have you seen?

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