2016 ANNUAL REPORT

Dear Stakeholders,

We can no longer side-step the issue: There is nothing cheap about dirty energy. Coal combustion is responsible for nearly half of the world’s CO² emissions, exacerbating global warming and climate change. This leads to extreme water-cycle events resulting in typhoons and heavy rains that cause flooding and damage to infrastructure, factories, commercial buildings and homes. This also leads to scarcity of water resources that, in turn, leads to a decline in food production, malnutrition, and the spread of disease. By 2030, the World Health Organization estimates that climate change will cause approximately 250,000 additional deaths per year, with direct damage to health estimated to be anywhere from USD2.0 to USD4.0 billion annually.
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