Oxfam Report: G7 coal dependence set to cost world $450 billion a year by end of century

Coal plants in the G7 are on track to cost the world $450 billion a year by the end of the century and reduce crops by millions of tonnes as they fuel the gathering pace of climate change, according to Oxfam’ new report.

In the report, Let Them Eat Coal, which uses modelling by Climate Analytics, endorsed by business leaders, academics and climate experts, Oxfam warns that coal is the biggest driver of climate change, which is already hitting the world’s poorest people hardest and making the fight to end hunger tougher. The G7 countries remain major consumers of coal.