Tricky Talks on Carbon Markets; Thunberg Fed Up: COP26 Update
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Energy Day at COP26 produced a couple of deals meant to phase out fossil fuels and bring in clean energy. But the agreements -- crafted as part of the U.K.’s effort to “consign coal to history” -- were soon looking a bit thin.
The coal pact didn’t include the U.S. or China. It did include Indonesia, but that country got an opt-out from the most important bit: the clause on not building new plants. Poland, touted as one of the key signatories, said it hadn’t agreed to anything new.