10 things you need to know today: November 5, 2021

More than 40 countries agree to phase out coal power plants, key Steele dossier sub-source accused of lying to FBI, and more

Coal plant
(Image credit: NOEL CELIS/AFP via Getty Images)

1. Dozens of countries vow to phase out coal-fueled power plants

More than 40 countries at the United Nations' COP26 climate summit pledged Thursday to phase out the use of power plants fueled by coal, the single biggest contributor to climate change. The countries signing onto the deal included major coal users, including Poland, Vietnam, and Chile. Some of the world's biggest consumers of coal, including China and the United States, did not join in. "The end of coal is in sight," said Kwasi Kwarteng, the U.K.'s business and energy secretary. A critic said the coal pledge was "not a game-changer." The U.S. signed a separate deal backed by 20 countries committing to end public financing of "unabated" fossil-fuel projects, which don't capture CO2 emissions, abroad by the end of 2022. Several major banks agreed to stop funding new coal plants.

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Harold Maass, The Week US

Harold Maass is a contributing editor at The Week. He has been writing for The Week since the 2001 debut of the U.S. print edition and served as editor of TheWeek.com when it launched in 2008. Harold started his career as a newspaper reporter in South Florida and Haiti. He has previously worked for a variety of news outlets, including The Miami Herald, ABC News and Fox News, and for several years wrote a daily roundup of financial news for The Week and Yahoo Finance.