US warns against Asian coal power expansions
Plans to add 500GW of coal-fired capacity could undo progress on emissions in US and Europe, climate envoy John Kerry tells IEA forum
Planned expansions of coal-fired power capacity in Asia could cancel out all the progress made on curbing emissions in the US and Europe over the last 15 years if they go ahead, warned John Kerry, US special presidential envoy for climate. “We know that there is 500GW of incipient coal-fired power waiting to come online in Asia, which will undo everything that we have done in Europe and in the US over these last ten or 15 years,” Kerry told an event to mark the 50th anniversary of the Paris-based IEA. China’s buildout of renewables capacity, which exceeds capacity of the rest of the world put together, could see some of the planned coal-fired capacity shelved, Kerry said. He acknowledged Chi
Also in this section
12 November 2024
Standards have been agreed for a mechanism under Article 6.4 of the Paris Agreement to trade carbon credits internationally
8 November 2024
The energy sector will need all viable technologies to meet surging demand as AI and datacentres drain power grids
31 October 2024
Russia still aspires to become a major supplier of hydrogen, CO₂ storage capacity and carbon credits, despite financial constraints and the loss of Western technology and expertise
30 October 2024
Occidental subsidiary signs agreement with Enterprise Products Partners for pipelines and transport services for Bluebonnet hub