US highlights China coal consumption
Capacity additions continue despite falling demand and accelerating renewables rollout
US climate envoy John Kerry’s reprimand of China earlier this month renewed focus on the nation’s continued investment in coal-fired power. China remains the top consumer of coal, accounting for 82.3EJ of a global total of 141.2EJ, according to BP data. But the country’s energy mix is changing as the government starts to retire some coal-fired generation in addition to building new capacity. “We used to have a saying that China is building a new coal plant every week and, unfortunately, that is still true. But perhaps the greater truth is that China is building one new idle coal plant per week,” says Tim Buckley of research body the Institute for Energy Economics and Financial Analysis, noti
Also in this section
11 December 2024
CCUS and other carbon management technologies are gaining traction around the world, but heightened policy risk and other pressures will make 2025 a challenging year in some regions
10 December 2024
Tightened standards have helped improve the outlook for the voluntary carbon market, which is set for a record year and poised for long-term growth