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The International Energy Agency (IEA) has released a report predicting that global coal use will reach an all-time high in 2024, despite calls to reduce the burning of this fossil fuel to combat climate change. This comes in a year that is expected to be the hottest on record, according to the European Union’s climate monitor Copernicus.
The report, titled “Coal 2024,” states that global demand for coal will hit record highs for the third year in a row, with China being the main driver of this increase. China’s demand for electricity, which is largely powered by coal, is expected to reach 4.9 billion tons in 2024, another record for the country.
While China has made efforts to diversify its energy sources, including investing in renewable energy, the IEA predicts that coal will continue to be a significant part of its energy mix. This is also the case for other emerging economies such as India and Indonesia.
On the other hand, advanced economies like the European Union and the United States are expected to see a decline in coal use, although at a slower rate compared to previous years. This decline has been attributed to a shift towards cleaner energy sources.
The report also highlights the increasing demand for power generation from data centers, which are essential for the growth of artificial intelligence. This trend is expected to further drive up the demand for coal in China.
The IEA’s prediction for a peak in coal use in 2027, followed by a decline, is a reversal of their previous forecast from last year. This highlights the need for urgent action to transition away from fossil fuels and towards cleaner energy sources.
The failure of nations to commit to stronger climate action at the recent U.N. climate change forum in Dubai is a cause for concern. Experts warn that without significant efforts to reduce greenhouse gas emissions, the impacts of climate change will continue to worsen.
The continued use of coal has significant implications for the environment and human health. It is the filthiest fossil fuel, emitting high levels of carbon dioxide and other pollutants that contribute to climate change and air pollution.
In conclusion, the IEA’s report on coal use in 2024 highlights the urgent need for countries to transition away from this dirty energy source. The failure to do so will have severe consequences for the planet and humanity. It is crucial for governments and businesses to prioritize investments in clean and renewable energy to combat climate change and protect the future of our planet.