Itore time for business to back the Powering Past Coal Alliance

The We Mean Business coalition calls for corporate support of the Powering Past Coal Alliance, highlighting the health and economic costs of coal and the financial benefits of transitioning to 100% renewable electricity.

• The Powering Past Coal Alliance, launched by the UK and Canadian governments at COP23, consists of over 25 countries, states, and regions aiming to signal the end of coal use.
• Burning coal causes significant human and economic losses, with over 800,000 annual global deaths attributed to its pollution. In the UK, coal-related emission deaths cost the economy between £2.47bn and £7.15bn in a single year.
• Corporate commitment to 100% renewable electricity, exemplified by the RE100 initiative with over 118 businesses, creates an annual demand for renewable electricity exceeding 155 terawatt-hours.
• Companies committing to 100% renewable energy have shown financial outperformance, beating the Bloomberg World Index by 9.6% and the Dow Jones Sustainability World Index by 19.6% according to CDP data.
• A 'just transition' is necessary to protect workers' rights and vulnerable communities in carbon-intensive industries to avoid economic headwinds like stagnating growth and higher taxes.

APA

Topping, N. (2017). Itore time for business to back the Powering Past Coal Alliance. We Mean Business Coalition. https://www.wemeanbusinesscoalition.org/blog/time-business-back-powering-past-coal-alliance/

Chicago

Topping, Nigel. Itore time for business to back the Powering Past Coal Alliance. We Mean Business Coalition, 2017. https://www.wemeanbusinesscoalition.org/blog/time-business-back-powering-past-coal-alliance/.

Wikipedia

{{cite press release |last1=Topping |first1=Nigel |title=Itore time for business to back the Powering Past Coal Alliance |publisher=We Mean Business Coalition |date=11 December 2017 |url=https://www.wemeanbusinesscoalition.org/blog/time-business-back-powering-past-coal-alliance/ |access-date=23 October 2026 |via=Climate Insights Directory}}

BibTeX

@misc{topping2017itore, author = {Topping, Nigel}, title = {{Itore time for business to back the Powering Past Coal Alliance}}, publisher = {We Mean Business Coalition}, year = {2017}, month = dec, url = {https://www.wemeanbusinesscoalition.org/blog/time-business-back-powering-past-coal-alliance/}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }