Coal, an ever growing energy

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One of the main sources of CO2 emissions, coal, could hit a new record, according to the International Energy Agency (IEA). Bad news, as accelerating the release of this energy is one of the commitments of the last COP26 held recently in Glasgow.

the global pandemic permitted Economic downturn, and therefore, CO2 emissions. Back then it was worldwide coal consumption had taken off at 4.4% in 2020 compared to 2019. This decrease was heterogeneous depending on the country. the China, the world’s largest consumer of this energy, saw its demand for money 1% increase in 2020, while theIn the, the second largest consumer in the world, saw a decrease in 8th %.

Nevertheless, the forecasts are from worldwide consumption until 2024 do not bode well for the planet. The IEA states that the consumption of this fossil fuel could increase by 6% total in 2021.

The economic recovery after the health crisis partially explains this boom. However, the IEA also notes that gas prices, which are closely linked to electricity prices, have a strong influence on the Coal mining.

In order to cover the electricity demand, some countries are even taking it up money to produce this energy. This production could achieve 9% in 2021 compared to 2019 to a. to reach new record of 10,350 TWh (Terawatt hour) according to IEA.

Thus coal production could almost reach its peak at 20% for the US and Europe, at the + 12% Per’In the and + 9% for the China. All in all, the coal would represent 36% of the global energy mix in 2021.

A gap between the ambitions of the states and the measures implemented

At COP26, most countries agreed to speed things up Reduction of coal production, including India and China, which alone account for two-thirds of global demand.

The IEA is of the opinion that “global trends will be largely shaped by China and India“. Despite the efforts of the China To diversify its energy mix, its coal consumption could be around 1% every year through 2024, and that ofIn the from 4%.

At the same time, other countries are still taking up money, an energy that is less expensive than renewable energy sources. The agency’s estimates illustrate the gap between countries’ promises and commitments and reality.