Coal use climbs worldwide despite promises to slash it, says report ...Middle East

Economy by : (Business Standard) -
The burning of coal for electricity, cement, steel and other uses went up in 2022 despite global promises to phase down the fuel that's the biggest source of planet-warming gases in the atmosphere, a report Wednesday found. The coal fleet grew by 19.5 gigawatts last year, enough to light up around 15 million homes, with nearly all newly commissioned coal projects in China, according to a report by Global Energy Monitor, an organisation that tracks a variety of energy projects around the globe. That 1 per cent increase comes at a time when the world needs to retire its coal fleet four and a half times faster to meet climate goals, the report said. In 2021, countries around the world promised

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