Dec 01, 2015
Thousands of new coal-fired power plants being planned worldwide that, if built, would push the planet past its maximum 2degC warming threshold by 400 percent within 15 years, according to a new analysis released Tuesday.
Under a 2degC scenario, the potential 2,400 new plants, along with existing factories, are poised to generate enough greenhouse gases to soar past the warming threshold, breach global climate pledges (Intended Nationally Determined Contributions or INDCs), and "explode" climate mitigation costs for countries around the world, the research group Climate Action Tracker (CAT) announced at the COP21 climate summit in Paris.
"More than 100 countries are calling for the Paris agreement to reference warming limits of 1.5degC. Yet even electricity production from existing coal plants far exceed the range of such scenarios," said Bill Hare, CEO of the Climate Analytics think tank. In order to stay within the 2degC range, a "rapid decarbonization" of the energy sector is imperative, Hare said.
In fact, even if no new plants are built, emissions from existing coal plants would still be more than 150 percent higher than what is compatible with a 2degC pathway, CAT found in its analysis, The Coal Gap: planned coal-fired power plants inconsistent with 2 C and threaten achievement of INDCs (pdf).
World leaders are gathering in Paris over the next two weeks to finalize a global climate deal to lower emissions and invest in renewable energy, lest runaway global warming cause irreparable damage to the planet, particularly for developing nations and frontline communities.
Yet even with that critical goal in mind, eight countries and the European Union (EU) are planning to build more than 5 gigawatts (GW) of coal power, CAT said.
"There is a solution to this issue of too many coal plants on the books: cancel them."
--Pieter Van Breevoort, EcofysThat includes China, India, Indonesia, Japan, South Africa, South Korea, the Philippines, and Turkey. The U.S. was not included in the analysis because it only plans to expand coal capacity by 3.5GW.
In many emerging economies, coal power still represents the easiest short-term measure to meet increasing electricity demands. But it doesn't have to be that way. As countless researchers and climate advocates have long pointed out, a moratorium on coal and a new focus on clean power would transform the world's energy sector and reduce all associated costs--from investment and construction to the price of mitigating climate change.
"There is a solution to this issue of too many coal plants on the books: cancel them," said Pieter Van Breevoort of the climate policy consulting group Ecofys, which helped craft the CAT analysis. "Renewable energy and stricter pollution standards are making coal plants obsolete around the world, and the earlier a coal plant is taken out of the planning process, the less it will cost."
CAT researchers remained optimistic about the potential for renewable energy to overtake the fossil fuel industry.
"It is unlikely that all of these planned coal plants are going to be built, especially when low carbon alternatives are reaching price parity," said Markus Hagemann of NewClimate Institute. "If renewables take off as fast as is currently expected, many of these planned coal plants could be stranded investments or would have to operate under difficult financial circumstances."
Join Us: News for people demanding a better world
Common Dreams is powered by optimists who believe in the power of informed and engaged citizens to ignite and enact change to make the world a better place. We're hundreds of thousands strong, but every single supporter makes the difference. Your contribution supports this bold media model—free, independent, and dedicated to reporting the facts every day. Stand with us in the fight for economic equality, social justice, human rights, and a more sustainable future. As a people-powered nonprofit news outlet, we cover the issues the corporate media never will. |
Our work is licensed under Creative Commons (CC BY-NC-ND 3.0). Feel free to republish and share widely.
Nadia Prupis
Nadia Prupis is a former Common Dreams staff writer. She wrote on media policy for Truthout.org and has been published in New America Media and AlterNet. She graduated from UC Santa Barbara with a BA in English in 2008.
Thousands of new coal-fired power plants being planned worldwide that, if built, would push the planet past its maximum 2degC warming threshold by 400 percent within 15 years, according to a new analysis released Tuesday.
Under a 2degC scenario, the potential 2,400 new plants, along with existing factories, are poised to generate enough greenhouse gases to soar past the warming threshold, breach global climate pledges (Intended Nationally Determined Contributions or INDCs), and "explode" climate mitigation costs for countries around the world, the research group Climate Action Tracker (CAT) announced at the COP21 climate summit in Paris.
"More than 100 countries are calling for the Paris agreement to reference warming limits of 1.5degC. Yet even electricity production from existing coal plants far exceed the range of such scenarios," said Bill Hare, CEO of the Climate Analytics think tank. In order to stay within the 2degC range, a "rapid decarbonization" of the energy sector is imperative, Hare said.
In fact, even if no new plants are built, emissions from existing coal plants would still be more than 150 percent higher than what is compatible with a 2degC pathway, CAT found in its analysis, The Coal Gap: planned coal-fired power plants inconsistent with 2 C and threaten achievement of INDCs (pdf).
World leaders are gathering in Paris over the next two weeks to finalize a global climate deal to lower emissions and invest in renewable energy, lest runaway global warming cause irreparable damage to the planet, particularly for developing nations and frontline communities.
Yet even with that critical goal in mind, eight countries and the European Union (EU) are planning to build more than 5 gigawatts (GW) of coal power, CAT said.
"There is a solution to this issue of too many coal plants on the books: cancel them."
--Pieter Van Breevoort, EcofysThat includes China, India, Indonesia, Japan, South Africa, South Korea, the Philippines, and Turkey. The U.S. was not included in the analysis because it only plans to expand coal capacity by 3.5GW.
In many emerging economies, coal power still represents the easiest short-term measure to meet increasing electricity demands. But it doesn't have to be that way. As countless researchers and climate advocates have long pointed out, a moratorium on coal and a new focus on clean power would transform the world's energy sector and reduce all associated costs--from investment and construction to the price of mitigating climate change.
"There is a solution to this issue of too many coal plants on the books: cancel them," said Pieter Van Breevoort of the climate policy consulting group Ecofys, which helped craft the CAT analysis. "Renewable energy and stricter pollution standards are making coal plants obsolete around the world, and the earlier a coal plant is taken out of the planning process, the less it will cost."
CAT researchers remained optimistic about the potential for renewable energy to overtake the fossil fuel industry.
"It is unlikely that all of these planned coal plants are going to be built, especially when low carbon alternatives are reaching price parity," said Markus Hagemann of NewClimate Institute. "If renewables take off as fast as is currently expected, many of these planned coal plants could be stranded investments or would have to operate under difficult financial circumstances."
Nadia Prupis
Nadia Prupis is a former Common Dreams staff writer. She wrote on media policy for Truthout.org and has been published in New America Media and AlterNet. She graduated from UC Santa Barbara with a BA in English in 2008.
Thousands of new coal-fired power plants being planned worldwide that, if built, would push the planet past its maximum 2degC warming threshold by 400 percent within 15 years, according to a new analysis released Tuesday.
Under a 2degC scenario, the potential 2,400 new plants, along with existing factories, are poised to generate enough greenhouse gases to soar past the warming threshold, breach global climate pledges (Intended Nationally Determined Contributions or INDCs), and "explode" climate mitigation costs for countries around the world, the research group Climate Action Tracker (CAT) announced at the COP21 climate summit in Paris.
"More than 100 countries are calling for the Paris agreement to reference warming limits of 1.5degC. Yet even electricity production from existing coal plants far exceed the range of such scenarios," said Bill Hare, CEO of the Climate Analytics think tank. In order to stay within the 2degC range, a "rapid decarbonization" of the energy sector is imperative, Hare said.
In fact, even if no new plants are built, emissions from existing coal plants would still be more than 150 percent higher than what is compatible with a 2degC pathway, CAT found in its analysis, The Coal Gap: planned coal-fired power plants inconsistent with 2 C and threaten achievement of INDCs (pdf).
World leaders are gathering in Paris over the next two weeks to finalize a global climate deal to lower emissions and invest in renewable energy, lest runaway global warming cause irreparable damage to the planet, particularly for developing nations and frontline communities.
Yet even with that critical goal in mind, eight countries and the European Union (EU) are planning to build more than 5 gigawatts (GW) of coal power, CAT said.
"There is a solution to this issue of too many coal plants on the books: cancel them."
--Pieter Van Breevoort, EcofysThat includes China, India, Indonesia, Japan, South Africa, South Korea, the Philippines, and Turkey. The U.S. was not included in the analysis because it only plans to expand coal capacity by 3.5GW.
In many emerging economies, coal power still represents the easiest short-term measure to meet increasing electricity demands. But it doesn't have to be that way. As countless researchers and climate advocates have long pointed out, a moratorium on coal and a new focus on clean power would transform the world's energy sector and reduce all associated costs--from investment and construction to the price of mitigating climate change.
"There is a solution to this issue of too many coal plants on the books: cancel them," said Pieter Van Breevoort of the climate policy consulting group Ecofys, which helped craft the CAT analysis. "Renewable energy and stricter pollution standards are making coal plants obsolete around the world, and the earlier a coal plant is taken out of the planning process, the less it will cost."
CAT researchers remained optimistic about the potential for renewable energy to overtake the fossil fuel industry.
"It is unlikely that all of these planned coal plants are going to be built, especially when low carbon alternatives are reaching price parity," said Markus Hagemann of NewClimate Institute. "If renewables take off as fast as is currently expected, many of these planned coal plants could be stranded investments or would have to operate under difficult financial circumstances."
We've had enough. The 1% own and operate the corporate media. They are doing everything they can to defend the status quo, squash dissent and protect the wealthy and the powerful. The Common Dreams media model is different. We cover the news that matters to the 99%. Our mission? To inform. To inspire. To ignite change for the common good. How? Nonprofit. Independent. Reader-supported. Free to read. Free to republish. Free to share. With no advertising. No paywalls. No selling of your data. Thousands of small donations fund our newsroom and allow us to continue publishing. Can you chip in? We can't do it without you. Thank you.