China and India have no intention of setting a precise date for the abandonment of fossil fuels
The largest developing economies and biggest coal consumers, India and China, are trying to get the G20 to leave it up to individual countries to decide on 'multiple energy pathways' to reduce emissions, without setting a fixed deadline. for phasing out the use of fossil fuels, Indian government officials told Reuters .
India, which currently chairs the G20, has proposed including "multiple energy pathways" in a press statement due to be released at the group's summit in September. China, as well as South Africa, has backed the Indian proposal. At a meeting of the Second Energy Transitions Working Group (ETWG) last month, India opposed setting a firm deadline for phasing out the use of coal, according to Reuters sources.
"A dominant view has emerged that each country needs to have individual paths to meet its national commitments and endowments," one of the sources who attended the meeting told Reuters.
India will see its coal-fired power generation ramp up next year as authorities plan to have coal-fired units maximize electricity generation from imported coal to meet growing demand. The Indian government, where coal still generates about 70 percent of the country's electricity, plans to use an emergency bill to ramp up coal-fired electricity generation this summer in anticipation of record demand, they told a Reuters government sources earlier this year.
In late 2022, India's coal minister said the country has no plans to phase out coal from its energy mix any time soon . Addressing a parliamentary committee, Coal Minister Pralhad Joshi said coal would continue to play an important role in India until at least 2040, referring to the fuel as an affordable energy source for which demand in India has not yet peaked. .
China, for its part, is building or planning to build about 366 GW of new coal-fired generation capacity, or about 68% of global new coal-fired capacity projected by 2022.
China accounted for more than half of the new global coal-generation capacity that went online last year, according to a new report by the Global Energy Monitor, a group of climate experts.
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The article China and India have no intention of setting a precise date for the abandonment of fossil fuels comes from Scenari Economici .
This is a machine translation of a post published on Scenari Economici at the URL https://scenarieconomici.it/cina-e-india-non-hanno-intenzione-di-fissare-una-data-precisa-per-labbandono-delle-fonti-fossili/ on Tue, 02 May 2023 16:30:04 +0000.