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Statoil calls for end of coal

NORWAY'S Statoil says the world needs to get rid of coal-fired power as quickly as possible if climate targets are to be met, saying a forecast rise from 30% to 40% of coal-fired generation cannot be allowed to happen, and that gas and renewables must grab market share quickly.

Statoil calls for end of coal

"We need rapid changes in the electricity and private transport sectors. Additionally, we need significant increases in energy efficiency in all sectors," Statoil chief economist Eirik Waerness warned...

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