Globally, coal accounts for nearly 40% of electricity generation and more than 40% of energy-related carbon dioxide emissions, according to the International Energy Agency. With the signing of the Paris climate agreement, demand for coal could accelerate, especially as major emerging economies, such as China and India, will also limit their respective growth in carbon dioxide emissions. To put the Paris targets into perspective, the emissions reduction commitments made by different countries prior to the conference would have stabilized global temperatures by 2.7 degrees Celsius above pre-industrial levels. The Paris agreement pushed the target to 2 degrees Celsius above pre-industrial levels. The following figure illustrates the carbon dioxide emissions projected in the different scenarios. According to these forecasts by the Dutch Environment Agency (PBL), the Paris Agreement would require a 25% reduction in carbon dioxide emissions resulting from the current evolution of carbon dioxide emissions by 2030 and almost 35% compared to emissions in a scenario where no commitment has been made to reduce emissions. Climate Analytics, a non-profit scientific and political research institute based in Germany, said South Korea was now leaving 60 coal-fired power plants, accounting for a third of the country`s greenhouse gas emissions, and another seven units under construction. The project examines the impact of the Paris Agreement on planned and existing coal capacity and compares existing and planned coal capacity for a number of key countries/regions. It is one of the main drivers of climate change, as coal is one of the most greenhouse gas-intensive fuels. Yet more than 40% of the world`s electricity is still generated from coal.
Worldwide, coal produces more than 15 gigatonnes of CO2 per year and accounts for about 40% of fossil CO2 emissions. In 2016, 16% of the EU`s total greenhouse gas emissions came from burning coal. In this (Polish) opinion, Dr. Andrzej Ancygier of Climate Analytics argues that Poland must finally get out of coal, but that it faces two options: either later, driven by market forces, because renewable energy competes with coal, with no alternative, or to create new proactive jobs in the green industry. Beyond Coal Campaign, which provides coal data in the United States. Global coal emissions “must peak in 2020 to contain climate change,” Energy Live News, September 23, 2019 We are expanding our work on science-based coal exit strategies in the Asia-Pacific region.