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
5 December 2024
Completion of phase-one construction expected in 2027 as technology providers SLB and Linde take equity stakes in one of world’s largest CCS projects
5 December 2024
The new edition of Outlook, our annual publication about the year ahead for energy, produced in association with White & Case, is available now
27 November 2024
The agreement by the parties to raise at least $300b/yr for developing countries by 2035 was derided as a betrayal by the Global South, but the UN urged pragmatism
26 November 2024
Agreements on how to operationalise both Article 6.2 and 6.4 will mean countries can start to trade emissions reductions as part of their contributions to the Paris Agreement