Nations around the world risk wasting $640 billion by continuing to prop up the coal industry rather than investing in less expensive and environmentally friendlier wind and solar power initiatives.
This year looks set to see the largest fall in electricity production from coal on record, according to a new report. The record drop raises the prospect of a slowing of global CO2 emissions growth in 2019.
Chile currently gets between 35-40% of its electricity from coal but the the country's environment minister has just hailed "the beginning of the end of coal".
