WASHINGTON – General Electric, one of the world's largest builders of coal-fired power plants, announced today that it will stop building new coal plants, a course of action long recommended by NRDC (the Natural Resources Defense Council), other groups and investors as a way to lessen the harmful impacts on climate change.
The following is a statement from Han Chen, manager of energy policy in NRDC’s International Program:
“It’s great news for our climate that GE is heeding the calls of communities around the world to stop financing and building new coal plants. Coal plants are the biggest single source of global carbon emissions—which are fueling climate change.
“GE’s backing for coal projects would have locked in new carbon emissions, local pollution, and economic harms across the globe, for decades—at a time when clean, affordable energy solutions abound and costs to build and install these systems are plummeting. GE has seen the writing on the wall, and the future is in clean, not dirty energy.”
Background from Han Chen’s blogs:
General Electric Will Stop Building New Coal Plants
Local Communities to General Electric: Don’t Dump Coal Here
Why General Electric Deserves a Lump of Coal for Christmas
General Electric’s Coal Plant Profiteering Needs to End Now
NRDC (Natural Resources Defense Council) is an international nonprofit environmental organization with more than 3 million members and online activists. Since 1970, our lawyers, scientists, and other environmental specialists have worked to protect the world's natural resources, public health, and the environment. NRDC has offices in New York City, Washington, D.C., Los Angeles, San Francisco, Chicago, Bozeman, MT, and Beijing. Visit us at www.nrdc.org and follow us on Twitter @NRDC.