Solid fuel purposes, such as refining metals. Coal is the largest source of energy for the generation of electricity worldwide, as well as one of the largest worldwide anthropogenic sources of carbon dioxide releases. The extraction of coal, its use in energy production and its byproducts are all associated with environmental and health effects including climate change. Variations such as smokeless coal can be formed naturally in the form of anthracite, a metamorphosed type of coal with a very high carbon content that gives off a smokeless flame when set alight. Coke is a fuel with few impurities and a high carbon
The Carbon Principles The Carbon Principles The Carbon Principles are a series of guidelines established by three leading Wall Street banks — Citigroup Inc., JP Morgan Chase, and Morgan Stanley — to assess the risks in financing electric power projects in terms of climate change. These principles call for "enhanced diligence" in evaluating electric power industry borrowers in terms of their use of energy efficiency; renewable and low-carbon distributed energy technologies; and conventional and advanced generating technologies. These guidelines were announced in February 2008 to address the increasing public concern over the plans to create over one hundred coal power plants in the