Biden's plan included invoking emergency authorities to impose a two-year ban on new tariffs for panels imported from four Southeast Asia nations.

Nine miners have died and six remain trapped following an explosion at the La Mestiza coal mine in Colombia’s northeastern El Zulia municipality.

Australia generates most of its power using coal, and outages at some aging facilities amid colder-than-usual weather have contributed to the squeeze.

China has said it plans to let consumption of the fossil fuel increase until 2025 before beginning to reduce it.

The price of the power plant fuel in Europe has roughly tripled in the past 12 months as a supply crisis in the gas market has driven utilities toward the even dirtier fossil fuel. 

The guarantee is part of a larger $8.5 billion funding package proposed by the UK, US, Germany, France and the European Union.