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Europe's coal power vanishing fast as cost of switch to green energy dives
UK takes lead as several countries phase out coal with policies in place to end its use in power generation
When used for power generation, coal is the most carbon-intensive of the fossil fuels, producing twice the level of carbon emissions as natural gas, according to the UK's Department for Business, Energy and Industrial Strategy.
PHOTO: REUTERS
London
THE long goodbye for coal in Europe is accelerating as the cost of shifting to green energy plunges.
Companies including Drax Group plc, Steag GmbH to Uniper SE are closing or converting coal-burning generators at a record pace from Austria to the UK, made obsolete by...
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