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

USD -
AED 3.6731
AFN 71.021929
ALL 86.757891
AMD 388.845938
ANG 1.80229
AOA 916.00013
ARS 1164.995901
AUD 1.563184
AWG 1.8025
AZN 1.695628
BAM 1.718274
BBD 2.002838
BDT 121.45998
BGN 1.719885
BHD 0.376949
BIF 2973.111879
BMD 1
BND 1.309923
BOB 6.907155
BRL 5.620603
BSD 0.999627
BTN 85.145488
BWP 13.647565
BYN 3.271381
BYR 19600
BZD 2.008021
CAD 1.384205
CDF 2877.999668
CHF 0.82343
CLF 0.024644
CLP 945.690094
CNY 7.2695
CNH 7.26779
COP 4197
CRC 505.357119
CUC 1
CUP 26.5
CVE 96.873243
CZK 21.912502
DJF 178.012449
DKK 6.56327
DOP 58.908545
DZD 132.536245
EGP 50.806099
ERN 15
ETB 133.81045
EUR 0.879204
FJD 2.290499
FKP 0.746656
GBP 0.746705
GEL 2.74497
GGP 0.746656
GHS 14.294876
GIP 0.746656
GMD 71.501438
GNF 8658.065706
GTQ 7.698728
GYD 209.76244
HKD 7.757825
HNL 25.941268
HRK 6.627056
HTG 130.799
HUF 355.493505
IDR 16711.5
ILS 3.62415
IMP 0.746656
INR 85.23945
IQD 1309.571398
IRR 42100.000327
ISK 128.449891
JEP 0.746656
JMD 158.35182
JOD 0.709197
JPY 142.383503
KES 129.196076
KGS 87.449716
KHR 4001.774662
KMF 432.24966
KPW 900.101764
KRW 1428.525013
KWD 0.30626
KYD 0.833044
KZT 511.344318
LAK 21622.072771
LBP 89567.707899
LKR 299.446072
LRD 199.931473
LSL 18.549157
LTL 2.95274
LVL 0.60489
LYD 5.468994
MAD 9.272737
MDL 17.203829
MGA 4511.41031
MKD 54.139301
MMK 2099.785163
MNT 3572.381038
MOP 7.98763
MRU 39.575655
MUR 45.198647
MVR 15.39652
MWK 1733.40069
MXN 19.5658
MYR 4.315499
MZN 64.009882
NAD 18.549157
NGN 1601.520135
NIO 36.785022
NOK 10.381755
NPR 136.237321
NZD 1.68704
OMR 0.385003
PAB 0.999613
PEN 3.664973
PGK 4.141482
PHP 55.902622
PKR 280.826287
PLN 3.752184
PYG 8005.376746
QAR 3.644223
RON 4.377995
RSD 102.966435
RUB 81.997213
RWF 1428.979332
SAR 3.751083
SBD 8.361298
SCR 14.223739
SDG 600.500677
SEK 9.64578
SGD 1.307315
SHP 0.785843
SLE 22.75026
SLL 20969.483762
SOS 571.328164
SRD 36.849852
STD 20697.981008
SVC 8.746876
SYP 13001.961096
SZL 18.542907
THB 33.415978
TJS 10.555936
TMT 3.51
TND 2.990231
TOP 2.342098
TRY 38.476596
TTD 6.782431
TWD 32.039744
TZS 2690.000086
UAH 41.530014
UGX 3663.550745
UYU 42.090559
UZS 12943.724275
VES 86.54811
VND 26005
VUV 121.306988
WST 2.770092
XAF 576.298184
XAG 0.030327
XAU 0.000302
XCD 2.70255
XDR 0.71673
XOF 576.29312
XPF 104.776254
YER 245.050464
ZAR 18.56875
ZMK 9001.189716
ZMW 27.965227
ZWL 321.999592
  • RYCEF

    -0.1300

    10.12

    -1.28%

  • RELX

    0.4300

    53.79

    +0.8%

  • NGG

    0.1900

    73.04

    +0.26%

  • RIO

    0.0100

    60.88

    +0.02%

  • RBGPF

    -0.4500

    63

    -0.71%

  • BP

    -1.0600

    28.07

    -3.78%

  • VOD

    0.0100

    9.58

    +0.1%

  • BTI

    0.4700

    42.86

    +1.1%

  • CMSC

    -0.0800

    22.24

    -0.36%

  • GSK

    0.9100

    38.97

    +2.34%

  • SCS

    0.1500

    10.01

    +1.5%

  • CMSD

    -0.1300

    22.35

    -0.58%

  • AZN

    1.7800

    71.71

    +2.48%

  • BCE

    0.1100

    21.92

    +0.5%

  • BCC

    -0.8300

    94.5

    -0.88%

  • JRI

    0.1300

    12.93

    +1.01%

China's 2024 coal projects threaten climate goals: report
China's 2024 coal projects threaten climate goals: report / Photo: © 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.

Q.Yam--ThChM