IEA: Coal set for record highs in 2022 despite net-zero pledges

Posted: December 18, 2021 by oldbrew in Emissions, Energy, net zero
Tags: , ,

Credit: Coal India Limited


After COP26 – the real world. In much of the world ‘net zero’ and suchlike so-called climate targets are not a priority, as they strive to increase access to electricity – just like richer countries once did.
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The economic rebound from the pandemic is taking coal power generation to a new record high this year reports OilPrice.com, with global coal demand likely hitting another new high next year, undermining net-zero efforts, the International Energy Agency (IEA) said in its annual Coal 2021 report released on Friday.

According to the agency, the 2020 collapse in coal demand turned out to be smaller than anticipated, as China’s recovery began sooner than expected and turned out to be stronger than initially forecast.

Based on current trends, global coal demand is set to rise to 8025 Mt in 2022, the highest level ever seen, and to remain there through 2024, the IEA estimates.

This year’s global recovery dashed any hopes that coal-fired power generation may have peaked, the IEA said, expecting global coal power generation to rise by 9 percent this year to 10350 terawatt-hours (TWh)—a new all-time high.

Over the next two years, global coal demand could even see new record highs as emerging markets led by China and India will lead consumption growth which is set to outpace declines in developed economies, according to the IEA.

Global coal consumption is not on the Net Zero trajectory and is unlikely to be before 2024, the agency said.

Full report here.

Comments
  1. […] IEA: Coal set for record highs in 2022 despite net-zero pledges […]

  2. Johna says:

    As CO2 does not cause climate change the only affordable and sensible mass energy fuel that can propel Britain and the World towards a hoped-for sustainable energy future, is the clean and higher efficient use of coal. Coal can be used directly or gasified to make CH4 H2 Ethaline paraffin (VW are now going to use paraffin CI engines) oil coke and many chemicals we get from oil. Also factor in the massive needs to replace housing that’s substantially more energy efficient and new transport infrastructures that must be totally coherent in using less energy, be faster, have vastly more coverage, be accessible by all, be affordable by all and be reliable 24/7/365. British Industry also needs significantly more economically priced energy to make goods that can compete for export earnings and make products for our countries home needs to create jobs for British people again. The fact of the matter is our oil and gas has almost run out – squandered by our reckless and ignorant politicians. Moreover, with the current incompetent and corrupt Government and dire lack of a credible political opposition, we are skating on very thin ice with our inability to defend our country and strike back at aggressors – something our ancestors would be aghast at.

  3. Chaswarnertoo says:

    Good. CO2 is dangerously low and the climate would be better with it around 1000ppm.

  4. Gamecock says:

    ‘undermining net-zero efforts’

    Net-zero is talk. Not efforts.

    Most states claiming net-zero goals are just greenwashing, set way out in the future.

    “Long run is a misleading guide to current affairs. In the long run, we are all dead.”— John Maynard Keynes

  5. pochas94 says:

    Maybe it is becoming clear that having people freeze in the dark is bad politics.

  6. roger says:

    As the Met Office fess up to the coming cold comfort Christmas and another beast from the east approaches, net zero Boris will hopefully be the result..
    Frozen grannies was never a good look and will without doubt be the finale of Cameron May and Johnston’s green pollution of conservatism.

  7. pochas94 says:

    Reality is smacking the politicians right upside the head. Good.

  8. oldbrew says:

    ‘as they strive to increase access to electricity’

    Electricity as and when needed for the main part, not so much from the weather-dependent contraptions widely imposed today.