CURRENT AFFAIRS

2021

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which country has announced compensation to power companies for shutdown of their coal-fired power plants by 2038?
A
USA
B
Germany
C
Russia
D
India
Explanation: 

Detailed explanation-1: -On 21 September 2021, China’s president, Xi Jinping, told the UN General Assembly via video link that China would increase support for green and low-carbon energy in developing countries, and not build any new coal-fired power projects overseas.

Detailed explanation-2: -At least 23 nations made new commitments to phase out coal power, including Indonesia, Vietnam, Poland, South Korea, Egypt, Spain, Nepal, Singapore, Chile and Ukraine.

Detailed explanation-3: -Germany has agreed to phase out coal by 2038, with the first lignite-fired power plants having been shut down already in 2020.

Detailed explanation-4: -BERLIN, Nov 2 (Reuters) - Germany’s cabinet on Wednesday approved a draft law to phase out coal-fired power plants in the western state of North Rhine-Westphalia by 2030 instead of a previous date of 2038, part of Berlin’s efforts to speed up the cutting of greenhouse emissions.

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