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Coal in Sharp Decline as Poland Faces Key EU Climate Showdown

Coal in Sharp Decline as Poland Faces Key EU Climate Showdown

(Bloomberg) --

Poland used less coal to generate electricity last year than any other time on record after the rising cost of carbon-emissions permits pushed the country toward alternative fuels and imports.

The European Commission, the bloc’s executive arm, is set to unveil on Tuesday an investment plan aimed at triggering 1 trillion euros ($1.1 trillion) of investments into making the economy climate neutral by 2050. Poland is the most coal-reliant country in the bloc. It faces the biggest cost of switching to clean energy and stopped short of fully backing net-zero target in December summit.

Coal in Sharp Decline as Poland Faces Key EU Climate Showdown

However, the latest data shows that Poland is already moving in the direction as the share of coal in its electricity usage slumped to 71% from 89% over the last decade. Coal was the sole fuel for Polish power plants at the end of communism in 1989.

Coal in Sharp Decline as Poland Faces Key EU Climate Showdown

To contact the reporter on this story: Maciej Martewicz in Warsaw at mmartewicz@bloomberg.net

To contact the editors responsible for this story: Wojciech Moskwa at wmoskwa@bloomberg.net, Piotr Bujnicki, Reed Landberg

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