- One of the main pre-event soundbites of the COP26 summit was the call to ban coal, urged on by the conference’s president Alok Sharma as well as G20 countries, yet coal still has a bright future in Asia.
- Asia’s largest coal consumers, China and India, have been resisting any stringent commitments from the summit as they see coal as a key part of their generation capacity.
- In Asia alone, there are some 200 coal-fired plants currently under construction, 90% of global greenfield coal capacity, with China topping the list with 95 plants and India coming second with 28 projects.
- As of today, of the more than 2,600 coal-powered plants operating globally, 71% are located in Asia.
COP 26 Update - Nov 2
COP 26 Update - Nov 2
Dan Steffens
Energy Prospectus Group
Energy Prospectus Group
Re: COP 26 Update - Nov 2
Gretta's not happy.
They are getting work done even though they are sleeping through the meetings
They are getting work done even though they are sleeping through the meetings