Report Finds Banks’ Decision to Not Fund Coal Projects Reduced Carbon Emissions
Coal use in energy generation is poised to decline over the next few decades as dozens of countries worldwide transition to clean energy. The green-energy transition is part of a global movement to reduce greenhouse gas emissions and combat climate change by adapting renewable energies such as solar and wind that produce minimal to zero emissions. While individuals are encouraged to take steps to reduce their carbon footprint, such as avoiding plastic packaging and reusing bags, action by large institutions will be necessary to cut down on greenhouse gas emissions on a large scale and achieve net zero emission goals.…
