Asia digs up and burns three-quarters of the world’s coal. On “The Intelligence” @MSLJeconomist explains what might make the region kick its habit https://t.co/Gt7O1cv3ne— The Economist (@TheEconomist) August 26, 2019
Asian governments are the biggest backers of the filthiest fuel, The Economist, Aug. 22, 2019:
Asia accounts for 75% of the world’s coal demand—China alone consumes half of it. The Chinese government has taken steps to limit pollution and support renewables. Yet coal consumption there rose in 2018, as it did the year before. In India coal demand grew by 9% last year. In Vietnam it swelled by almost a quarter. To keep the rise in global temperatures to no more than 1.5°C relative to pre-industrial times, climatologists insist that almost all coal plants must shut by 2050, which means starting to act now. Today’s trends would keep the last coal plant open until 2079, estimates UBS, a bank. Asia’s coal-fired power regiment has a sprightly average age of 15, compared with a creaky 40 years in America, close to retirement. [...]And then there is politics. Voters do not like breathing soot. More of them are concerned about climate change, too, as they face unpredictable growing seasons, floods and droughts.Promisingly, more Asian politicians are voicing support for clean power. In July Rodrigo Duterte, the Philippines’ president, instructed his energy minister to reduce his country’s dependence on coal. In June India’s government said it planned to have 500 gigawatts of renewable power by 2030.
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