Engie sort du charbon : une annonce sans impact

Reclaim Finance argues that Engie's plan to exit coal is a 'non-annonce' because it prioritizes selling assets or converting them to gas and biomass instead of ensuring full closures. The organization warns that converting to gas or biomass fails to align with climate science and risks creating stranded assets. Furthermore, the document claims that selling plants does not reduce global CO2e emissions and that Engie's current 2°C target is insufficient to reach carbon neutrality by 2050.

• Engie's plan to exit coal by 2025 in Europe and 2027 worldwide is criticized as a 'non-annonce' because the company intends to sell or convert assets to gas or biomass rather than ensuring the closure of its coal plants.
• Engie currently operates 10 coal plants with a total capacity of 4 GW located in Portugal, Morocco, Chile, Brazil, and Peru.
• The document argues that converting coal plants to gas or biomass is an ineffective solution; biomass is described as having a worse climate impact than coal, and gas remains a fossil fuel that could involve imports of shale gas from the US or Argentina for plants in Chile and Brazil.
• Selling coal assets is viewed as a failure of social and environmental responsibility because it does not result in real global CO2e reductions; Engie has already sold 14 coal plants (54% of its capacity, or 11,356 MW) since COP21.
• Engie's current strategy is based on a '2°C' target certified by the SBTi, which the document asserts is insufficient to achieve carbon neutrality by 2050, as alignment with 1.5° is required.

APA

admin (2021). Engie sort du charbon : une annonce sans impact. Reclaim Finance. https://reclaimfinance.org/site/2021/02/26/engie-sort-du-charbon-une-annonce-sans-impact/

Chicago

admin. Engie sort du charbon : une annonce sans impact. Reclaim Finance, 2021. https://reclaimfinance.org/site/2021/02/26/engie-sort-du-charbon-une-annonce-sans-impact/.

Wikipedia

{{cite press release |last1=admin |title=Engie sort du charbon : une annonce sans impact |publisher=Reclaim Finance |date=26 February 2021 |url=https://reclaimfinance.org/site/2021/02/26/engie-sort-du-charbon-une-annonce-sans-impact/ |access-date=23 October 2026 |via=Climate Insights Directory}}

BibTeX

@misc{admin2021engie, author = {admin}, title = {{Engie sort du charbon : une annonce sans impact}}, publisher = {Reclaim Finance}, year = {2021}, month = feb, url = {https://reclaimfinance.org/site/2021/02/26/engie-sort-du-charbon-une-annonce-sans-impact/}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }