PARIS: World coal use is set to reach an all-time high in 2024, the International Energy Agency said Wednesday, in a year all but certain to be the hottest in recorded history.
Despite calls to halt humanity’s burning of the filthiest fossil fuel driving climate change, the energy watchdog expects global demand for coal to hit record highs for the third year in a row.
Published on Wednesday, the IEA’s “Coal 2024” report does however predict the world will hit peak coal in 2027 after topping 8.77 billion tonnes this year.
But that would be dependent on China, which for the past quarter-century has consumed 30 percent more coal than the rest of the world’s countries combined, the IEA said.
China’s waxing demand for electricity was the most significant driving force behind the increase, with more than a third of coal burnt worldwide carbonised in the country’s power plants.
Though Beijing has sought to diversify its electricity sources, including a massive expansion of solar and wind power, the IEA said Chinese coal demand in 2024 will still hit 4.9 billion tonnes — itself another record.
