The move by global leaders follows new EPA regulations that force coal plants to capture their carbon or shut down.

Energy ministers from the Group of Seven (G7) major democracies reached a deal to shut down their coal-fired power plants in the first half of the 2030s, in a significant step towards the transition away from fossil fuels.

Ministers from the Group of Seven nations — which includes the US — have agreed to shut down all their coal plants by 2035 at the latest, a UK minister said.

G7 energy ministers have agreed a time frame for phasing out coal-fired power plants, a British minister said Monday, as the UN warned "excuses" for failing to take bold actions

Energy ministers from the Group of Seven wealthy countries meeting in Italy are discussing setting a common target date of 2035 to shut down their coal-powered power plants, a source close to the matter told Reuters on Monday.

G7 energy ministers reached an agreement to shut down coal-fired power plants by the early 2030s, marking a significant step towards phasing out fossil fuels.