The Japan Times - China's 2024 coal projects threaten climate goals: report

EUR -
AED 4.279407
AFN 76.324228
ALL 92.268441
AMD 424.047681
ANG 2.085556
AOA 1069.704958
ARS 1765.109716
AUD 1.62275
AWG 2.097462
AZN 1.977699
BAM 1.955098
BBD 2.348007
BDT 143.158577
BGN 1.976701
BHD 0.439542
BIF 3478.650464
BMD 1.165256
BND 1.480768
BOB 13.459165
BRL 6.001186
BSD 1.165801
BTN 111.175066
BWP 15.578939
BYN 3.515828
BYR 22839.026188
BZD 2.344608
CAD 1.618093
CDF 2650.957856
CHF 0.93908
CLF 0.02723
CLP 1071.709087
CNY 7.833728
CNH 7.830403
COP 3646.774896
CRC 529.709727
CUC 1.165256
CUP 30.879296
CVE 110.225407
CZK 24.123602
DJF 207.598993
DKK 7.475271
DOP 67.855626
DZD 155.078138
EGP 58.507273
ERN 17.478847
ETB 190.422968
FJD 2.556048
FKP 0.857209
GBP 0.857611
GEL 3.026728
GGP 0.857209
GHS 13.050536
GIP 0.857209
GMD 85.644286
GNF 10247.319148
GTQ 8.893805
GYD 243.896578
HKD 9.135028
HNL 31.271304
HRK 7.534785
HTG 152.519142
HUF 361.758489
IDR 20689.885477
ILS 3.462797
IMP 0.857209
INR 111.241381
IQD 1527.151445
IRR 1601732.369038
ISK 140.600123
JEP 0.857209
JMD 184.726816
JOD 0.826126
JPY 185.718285
KES 150.737317
KGS 101.901698
KHR 4715.427612
KMF 492.903723
KPW 1048.731137
KRW 1608.432562
KWD 0.359784
KYD 0.971472
KZT 536.298867
LAK 26165.601278
LBP 104397.288092
LKR 383.062403
LRD 211.583999
LSL 18.574287
LTL 3.440699
LVL 0.704852
LYD 7.386474
MAD 10.762934
MDL 20.144937
MGA 5020.369011
MKD 61.502908
MMK 2447.048469
MNT 4190.555791
MOP 9.412319
MRU 46.841175
MUR 54.55759
MVR 18.015071
MWK 2021.543253
MXN 19.764433
MYR 4.693064
MZN 74.465735
NAD 18.574527
NGN 1567.922544
NIO 42.904589
NOK 10.897093
NPR 177.883157
NZD 1.959483
OMR 0.448047
PAB 1.165781
PEN 3.909096
PGK 5.170187
PHP 72.041967
PKR 323.768659
PLN 4.311851
PYG 6974.644335
QAR 4.250073
RON 5.257868
RSD 117.297072
RUB 98.348945
RWF 1717.242112
SAR 4.371299
SBD 9.322201
SCR 16.12517
SDG 700.319152
SEK 11.101666
SGD 1.480837
SHP 0.863299
SLE 28.77716
SLL 24434.84398
SOS 666.283542
SRD 43.999506
STD 24118.455627
STN 24.491413
SVC 10.200555
SYP 15150.6641
SZL 18.562651
THB 38.236712
TJS 10.760035
TMT 4.09005
TND 3.393781
TOP 2.805658
TRY 56.08977
TTD 7.920155
TWD 36.979762
TZS 3082.689375
UAH 51.942825
UGX 4357.509567
USD 1.165256
UYU 46.85317
UZS 13779.346068
VES 916.224007
VND 30410.862524
VUV 138.031989
WST 3.153612
XAF 655.743966
XAG 0.016984
XAU 0.000253
XCD 3.149164
XCG 2.10109
XDR 0.823897
XOF 655.732715
XPF 119.331742
YER 276.223808
ZAR 18.591113
ZMK 10488.706996
ZMW 22.120529
ZWL 375.212098
  • RYCEF

    0.4200

    20.85

    +2.01%

  • RBGPF

    0.0000

    71.13

    0%

  • BCC

    -1.1000

    79.94

    -1.38%

  • CMSD

    -0.1000

    21.16

    -0.47%

  • CMSC

    -0.0650

    21.275

    -0.31%

  • AZN

    -3.3900

    166.27

    -2.04%

  • RIO

    -2.1100

    104.7

    -2.02%

  • JRI

    -0.0400

    12.44

    -0.32%

  • BCE

    -0.1000

    23.49

    -0.43%

  • BTI

    0.9700

    57.44

    +1.69%

  • BP

    -0.3600

    42.5

    -0.85%

  • RELX

    -0.5400

    35.34

    -1.53%

  • VOD

    -0.1900

    15.94

    -1.19%

  • NGG

    -0.6400

    80.53

    -0.79%

  • GSK

    -0.6400

    51.43

    -1.24%

China's 2024 coal projects threaten climate goals: report
China's 2024 coal projects threaten climate goals: report / Photo: STR - AFP/File

China's 2024 coal projects threaten climate goals: report

China last year began construction on projects with the greatest combined coal power capacity since 2015, jeopardising the country's goal to peak carbon emissions by 2030, according to a report published Thursday.

Text size:

The world's second-largest economy is the biggest emitter of the greenhouse gases that drive climate change, but also a renewable energy powerhouse. It plans to reach net zero by 2060.

While coal has been a pivotal energy source in China for decades, explosive growth in wind and solar installations in recent years has raised hopes that the country can wean itself off the dirty fossil fuel.

But according to a report from the Finland-based Centre for Research on Energy and Clean Air (CREA) and Global Energy Monitor (GEM) in the United States, China began construction on 94.5 gigawatts of coal power projects in 2024 -- 93 percent of the global total.

Although the country also added a record 356 gigawatts of wind and solar capacity -- 4.5 times the European Union's additions -- the uptick in coal power risks solidifying its role in China's energy mix, the report said.

"China's rapid expansion of renewable energy has the potential to reshape its power system, but this opportunity is being undermined by the simultaneous large-scale expansion of coal power," said Qi Qin, lead author of the report and China analyst at CREA.

The rise comes despite a pledge by Chinese President Xi Jinping in 2021 to "strictly control" coal power projects and increases in coal consumption before "phasing it down" between 2026 and 2030.

Coal production has risen steadily in recent years, from 3.9 billion tons in 2020 to 4.8 billion tons in 2024.

"Without urgent policy shifts, China risks reinforcing a pattern of energy addition rather than transition, limiting the full potential of its clean energy boom," the report said.

- Coal prioritised -

New permits for coal power projects fell 83 percent in the first half of 2024, prompting optimism that China's clean energy transition was gathering pace.

In November, a survey of experts by CREA and the Australian think tank International Society for Energy Transition Studies (ISETS) found 52 percent thought China's coal consumption would peak in 2025.

But coal power surged in the latter months of 2024, despite the country adding enough power from clean energy sources to cover its growth in electricity demand.

That suggested coal power was being prioritised over renewable sources in some regions, the report said.

"Chinese coal power and mining companies are sponsoring and building new coal plants beyond what is needed," said Christine Shearer, research analyst at GEM.

"The continued pursuit of coal is crowding out the country's use of lower-cost clean energy."

China is due to announce details of its 15th Five-Year Plan -- for 2026 to 2030 -- in the coming months, likely including updated emissions and energy goals.

This month it was also due to submit new emissions targets, known as Nationally Determined Contributions (NDCs), under the 2015 Paris Agreement.

So far only a handful of countries have submitted new NDCs.

In October, CREA urged China to set a "strong but achievable" target of slashing emissions by at least 30 percent by 2035.

Y.Mori--JT