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      global energy monitor

      Workers unload coal from a cargo ship in Gabtoli, Bangladesh on January 9, 2021. Workers unload coal from a cargo ship in Gabtoli, Bangladesh on January 9, 2021.

      Global Coal Phaseout Must Speed Up to Avert 'Climate Chaos': Analysis

      "The transition away from existing and new coal isn't happening fast enough," said one expert. "The more new coal projects come online, the steeper the cuts and commitments need to be in the future."

      Kenny Stancil
      Apr 06, 2023

      To avert the worst consequences of the climate crisis, the world must stop building new coal plants and shut down existing ones at nearly five times the current rate.

      That's according to an analysis published Wednesday by Global Energy Monitor (GEM) and nearly a dozen other groups, including Reclaim Finance, the Sierra Club, and the Alliance for Climate Justice and Clean Energy.

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      coal
      Stop Sea Port Oil Terminal protest

      Biden Implored to Avert 'Carbon Bomb' by Blocking Texas Gulf Oil Terminals

      "It's hypocritical for the Biden administration to allow these things to get built and then say the U.S. wants to decrease its own emissions," said one climate campaigner.

      Brett Wilkins
      Feb 21, 2023

      The Biden administration's plan to potentially allow four new oil terminals along the Texas Gulf Coast would unleash a "carbon bomb" potentially equivalent to three years of all U.S. emissions and belie President Joe Biden's stated intent to "act boldly on climate," according to an analysis published on Tuesday.

      The analysis—which was conducted for The Guardian by Global Energy Monitor, a San Francisco-based NGO that tracks fossil fuel projects around the world—found that if all four terminals are built and operate at full capacity for their expected 30-year lifespan, they will generate a staggering 24 billion metric tons of greenhouse gases.

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