Energy

Moneypoint to convert from coal to oil under climate plan

Government to push for electrification of vehicles and industrial heat, while Greens double targets on solar energy

Moneypoint in Co Clare: one of the measures in the new Climate Action Plan will be to convert Moneypoint from coal to oil from next year. Picture: Kieran Clancy

Moneypoint power station will be converted from coal to oil, 30 per cent of all vehicles will be electric by 2030, and there will be a major push to electrify industrial heat in the state’s new Climate Action Plan, the Business Post can reveal.

The plan, which is due to be published in a week’s time, will be the first to lay out radical measures to begin reducing emissions from next year to achieve the ...