Coal addicts: G20 governments have doubled support for coal power plants, report finds

clock • 5 min read

G20 governments more than doubled their support for coal power plants between 2014 and 2017, with their overall backing for coal power currently totalling $64bn a year

The governments of G20 nations more than doubled their financial support for coal power plants between 2014 and 2017, with annual spending rising from $17bn to $47bn, according to a new report published...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Energy

'Electro Union': Leading corporates join calls for EU to target 50 per cent clean electricity by 2040

'Electro Union': Leading corporates join calls for EU to target 50 per cent clean electricity by 2040

Major business coalition demands EU ends fossil fuel dependency and doubles down on 'electro-continent' vision after three oil and gas shocks in four years

Stuart Stone
clock 27 April 2026 • 5 min read
Iran War fossil fuel shock drives inflation to 3.3 per cent

Iran War fossil fuel shock drives inflation to 3.3 per cent

Fears grow that continued blockade of Strait of Hormuz could push energy and food price inflation even higher during the second half of the year

James Murray
clock 22 April 2026 • 7 min read
Are peak CO2 emissions in sight? Five key takeaways from the IEA's Global Energy Review

Are peak CO2 emissions in sight? Five key takeaways from the IEA's Global Energy Review

From accelerating electrification to declining fossil fuel demand, BusinessGreen rounds up the headlines from the IEA's latest global energy snapshot

Michael Holder
clock 21 April 2026 • 12 min read