Coal news and updates

AGL to Close Australia’s Giant Polluting Coal Plants Earlier

AGL Energy Ltd. plans to shutter Australia’s two biggest polluters a few years earlier, as the aging coal plants struggle to compete against rising renewable generation.  The Bayswater facility in New South Wales will close by 2033, two years earlier than previously planned, while Loy Yang A in Victoria will now halt by 2045 instead of 2048, the Sydney-based company said Thursday. The two facilities are huge polluters, spewing out almost 31 million tons of carbon dioxide in 2019-2020, or almost 10% of all Australia’s reported emissions.