PLEA Network

10 November 2017, Climate Home News: Coal deals ‘very possible’ as US holds industry event at UN climate talks. Ghana and Ukraine are among countries for whom the presence of the US coal industry at UN talks in Bonn is opportunity to strike energy deals. Some countries attending UN climate talks in Bonn hope a Trump administration fossil fuels presentation will provide an opportunity to strike coal technology deals with the US. African diplomats told Climate Home News that talks on technology trades were “very possible” on the fringes of the US event on Monday. The following day, Ukraine is planning to table an initiative to bring energy corporates closer to the UN climate process, which it claims has US backing. The proposal would slot energy multinationals into an “intermediate layer” between the UN Framework Convention on Climate Change (UNFCCC) and national governments. It has been encouraged by US officials and coal firms, its authors say, and will be raised by Ukraine’s environment minister Ostap Semerak on Tuesday. Industry executives and Obama-era climate negotiators say that pushing US coal into the heart of the UN negotiations could offer president Donald Trump political cover to reverse his plans to exit the global climate treaty, should he choose to do so. The White House and US state department co-organised the side meeting, which is titled: “The Role of Cleaner and More Efficient Fossil Fuels and Nuclear Power in Climate Mitigation”. Trump’s climate advisor George David Banks, who lobbied Trump to keep the US in the Paris deal, will address the event. Vice president Mike Pence’s advisor Francis Brooke will chair it. Holly Krutka, vice president of coal generation and emissions technologies for Peabody Energy, the largest private coal company on earth, will also attend. Read More here