London (AP) – Rich countries have clung to a pledge to abolish coal-fired power plants, despite a war in Ukraine to help achieve their climate targets, but the expansion of China’s coal fleet risks derailing the impact of the shutdown, a report he said on Tuesday.
Countries in the Organisation for Economic Cooperation and Development (OECD) and European Union policy forums are on track to close more than 75 percent of their coal-fired power generation capacity from 2010 to 2030, according to a Powering Past Coal Alliance (PPCA) report.
Greenhouse gas emissions from burning coal are the single biggest contributor to climate change and weaning the world off coal is considered essential to achieving global climate targets.
While some countries such as Britain and Germany have postponed the closure of coal power plants this winter due to the war in Ukraine and concerns over Russia’s energy supply, the overall shutdown date remains intact, according to a report released to coincide with the COP27 climate summit of world leaders in Egypt.
Governments are stepping up their efforts to invest in renewables and improve energy efficiency, to accelerate the transition from coal and gas-fired power generation, said PPCA, an international campaign aimed at eliminating the use of fuel.
Transition commitments has pledged to bring its country’s carbon emissions to a peak by 2030 and achieve carbon neutrality by 2060. On Monday (11/14/2022), China said it did not oppose the mention of 1.5 degrees Celsius as a goal to limit global warming.
China’s climate envoy, Xei Zhenhua said last week at the COP27 climate talks in Egypt, the country needs to maintain some coal plants to help maintain the stability of its power grid.
There are still plans for nearly 300 GigaWatt (GW) of new coal-fired power generation capacity globally with about two-thirds of it, or 197 GW planned to be built in China, the report shows.
The accelerated cessation of coal-fired power plants in the OECD and the scale-down of new project proposals around the world have been offset by the ongoing expansion of the coal fleet in China, the report said.
The PPCA said many of these proposed projects could eventually be cancelled.
Image source —> ANTARA/REUTERS/Aly Song