Global Coal Power Capacity Set To Rise By 33%

NOT A LOT OF PEOPLE KNOW THAT

By Paul Homewood

I covered Matt McGrath’s report last week on the then ongoing discussions re the IPCC report. Tucked away right at the end was this paragraph:

A new analysis by a group of environmental organisations says that 1,380 new coal plants or units are planned, or under development, in 59 countries. If built, these plants would add 672,124 megawatts of energy capacity to the global coal plant fleet – an increase of 33%.

https://www.bbc.co.uk/news/science-environment-45742191

I doubt whether any of these new plants contradict anything pledged in INDCs at Paris, which rather underlines the whole futility of the exercise there.

And while some of the plants may replace older polluting ones, countries who are building them certainly will not be prepared to close these new ones prematurely.

Globally, coal power generation currently accounts for about 47% of total power, so an increase in capacity of 33% will add signficantly…

View original post 21 more words

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This entry was posted in applied price theory on by .

About Jim Rose

Utopia - you are standing in it promotes a classical liberal view of the world and champion the mass flourishing of humanity through capitalism and the rule of law. The origin of the blog is explained in the first blog post at https://utopiayouarestandinginit.wordpress.com/2014/03/12/why-call-my-blog-utopia-you-are-standing-in-it/

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