A study released this month by the International Energy Agency (IEA) showed that global coal demand and global coal production will break records in 2024, largely as a result of supply and demand from communist China. [emphasis, links added]
China is the most polluted country in the world based on a number of indicators, including carbon emissions. “Its coal consumption is 30% more than the rest of the world combined.” According to research by the International Energy Agency.
The Chinese government has approved hundreds of new coal-fired power plants in the past two years, suggesting that China's share of the world's fossil fuel consumption and greenhouse gas emissions will grow despite being a signatory to the Paris Climate Agreement.
Chinese state media openly boast about how much coal the country has amassed to meet its soaring electricity and winter heating needs.
Beijing insists on doing this The so-called “climate crisis” requires the Western world to drastically reduce the use of fossil fuels and exclude any liability Countries are required to take “common but differentiated responsibilities” for pollution.
The IEA is a global intergovernmental organization that was originally part of the Organization for Economic Cooperation and Development (OECD) structure. On December 18, it released its annual research report on global coal consumption and production, titled ” Coal 2024.
“Global coal use has rebounded strongly after falling sharply at the height of the pandemic. The IEA records that by 2024, production is expected to increase to 8.77 billion tons, a record high.
“Current coal prices are still 50% higher than the average price from 2017 to 2019. Coal production reaches record high in 2024 Although growth is expected to level off in 2027 as structural changes take place.
The study believes that China and India are the most significant countries with significant growth in coal consumption.
“At a regional level, China's coal demand is expected to grow by 1% to 4.9 Bt in 2024, another record high,” the report states. “Demand in India is expected to grow by more than 5% to 1.3 baht, a level previously reached only by China.”.
In contrast, “In the European Union and the United States, coal demand continues to decline, but at a significantly slower pace. This year they are expected to decline by 12% and 5% respectively, while in 2023 they will decline by 23% and 17% respectively.
China’s National Bureau of Statistics confirmed the IEA’s estimate of a record high in coal production on December 16, with published statistics showing: China's mining volume in November was 427.98 million tons, with an average of 14.27 million tons, a record high.
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