ENGIE to stop investing in coal

ENGIE, formerly GDF Suez, has decided to stop investing in coal projects. A spokesperson told ELN the decision doesn’t affect existing coal plants, including four projects the group has committed. […]

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By Jacqueline Echevarria

ENGIE, formerly GDF Suez, has decided to stop investing in coal projects.

A spokesperson told ELN the decision doesn’t affect existing coal plants, including four projects the group has committed.

Ségolène Royal, France’s Energy and Environment Minister announced French companies will stop investing in fossil fuels: “You cannot on one hand deplore the catastrophic impacts of climate change and continue to invest in fossil fuels on the other.”