Asia

China approves coal power surge despite emissions pledge: Greenpeace

China relied on coal for nearly 60 per cent of its electricity last year.

The push for more coal plants “risks climate disasters … and locking us into a high-carbon pathway”, Greenpeace campaigner Xie Wenwen said.

“The 2022 coal boom has clearly continued into this year.”

A study released in February by Global Energy Monitor (GEM) said China last year approved the largest expansion of coal-fired power plants since 2015.

VICIOUS CYCLE

Most of the new coal projects approved in the January-March period this year were in provinces that have suffered punishing power shortages due to record heatwaves in the last two years, Greenpeace said.

Several others were in southwest China, where a record drought last year slashed hydropower output and forced factories to shut down.

It was unclear how many of the coal power plants approved this year will begin construction.

Greenpeace analysts warned that investing in more fossil-fuel plants to prepare for the spike in air conditioning will create a vicious cycle: Increase

“China’s power sector can still peak emissions by 2025,” Greenpeace’s Xie said, but added that emissions released today will linger in the atmosphere for decades.

China is also the world’s largest and fastest-growing producer of renewable energy.

Wind, solar, hydro and nuclear sources are expected to supply a third of its electricity demand by 2025, up from 28.8 per cent in 2020, according to estimates by the National Energy Administration.

But Greenpeace said the rise in approvals for coal power projects shows how the need for short-term economic growth is diverting investment away from renewable energy projects such as grid upgrades that can supply surplus wind and solar power to regions that need it.

With an average lifespan of about 40 to 50 years, China’s coal plants will be operating at minimum capacity and at a loss if the country delivers on its emissions pledge, according to the report.

The China Electricity Council said more than half of the country’s large coal-fired power companies made losses in the first half of 2022.

d greenhouse gas emissions from the coal plants will accelerate climate change, resulting in more frequent extreme weather such as heat waves.

Source: CNA

Donate to Breeze of Joy Foundation

Global NewsX

Global NewsX is a news sharing website that offers a wide range of categories, from politics and business to entertainment and sports. With its easy-to-navigate interface, users can quickly find the news they are looking for and stay up-to-date on the latest global events. Whether you're interested in breaking news, in-depth analysis, or just want to stay informed, Global NewsX has got you covered.

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button