"Several nations plan to build new coal power plants, with China alone approving nearly 100 gigawatts. Each gigawatt is the equivalent of installing more than 3 million solar panels."
"Earth is on track to significantly overshoot a critical global climate target, largely because not enough coal-fired power plants are being retired, researchers warned in two new reports. Some nations are even planning new coal projects despite promising two years ago to begin reducing their use of the world’s dirtiest fossil fuel.
In 2021, nearly 200 nations agreed for the first time to phase down “unabated” coal-fired power plants as part of the Paris Agreement, which aims to limit average global warming to no more than 2 degrees Celsius above pre-industrial levels, with a more ambitious goal of staying below 1.5 degrees.
But a new peer-reviewed study, published by two Swedish universities in the journal Environmental Research Letters, found that current commitments by nations to wind down the use of coal-fired power aren’t enough to meet either of the Paris Agreement’s key targets. It says that the planet will likely warm upwards of 3 degrees Celsius by the end of the century unless far more plants shut down over the next five years.
In fact, the world’s fleet of coal plants actually grew last year, according to a second report released Wednesday by Global Energy Monitor, which tracks energy projects around the world. That report found that coal capacity grew by 19.5 gigawatts in 2022—enough to power roughly 15 million homes—mostly because of new plants built by China and India. While the United States retired a record 13.5 gigawatts of coal power last year, China added 26.8 gigawatts and India added 3.5 gigawatts, with both countries planning to build more new plants this year."
Kristoffer Tigue reports for Inside Climate News April 7, 2023.
Advertisement 
