Canada to phase out thermal coal exports by 2030 - PM

Ottawa plans to make C$185 million to assist coal workers and communities during the transition.
Canada to phase out thermal coal exports by 2030 - PM Canada to phase out thermal coal exports by 2030 - PM Canada to phase out thermal coal exports by 2030 - PM Canada to phase out thermal coal exports by 2030 - PM Canada to phase out thermal coal exports by 2030 - PM

Canada will end thermal coal exports, and aid countries in transition to clean power.

Canada will end the export of thermal coal by 2030, Prime Minister Justin Trudeau said at the COP26 climate conference in Glasgow.

Canada is already working towards phasing out coal-powered electricity in the country by 2030, the PM said in a release.

The country exported between 11 and 13 million tonnes of thermal coal between 2018 and 2020, Mining.com reported.

Ottawa plans to make C$185 million to assist coal workers and communities during the transition. Canada will also invest up to C$1 billion in a fund to assist developing countries transition away from coal power to clean energy.

Canada will also provide C$25 million to fund the Energy Sector Management Assistance Program, which works with the World Bank to develop and implement clean energy policies in developing countries.

Phasing out coal-fired electricity will reduce the country's carbon pollution levels by nearly 13 million tonnes, according to the release.

The Canadian government will also work to reduce emissions from the country's oil and gas sector, the fourth largest in the world. The government will set 5-year targets as it aims to have the sector become a net-zero producer by 2050.