Coal was more popular than ever in 2023, despite big promises from many world powers to curb production and use in favour of cleaner alternatives. Mainly owing to China and India, the generation of electricity from coal production increased last year, as several new plants came online across Asia. While countries such as the U.S. and the U.K. are ditching coal for natural gas and renewable alternatives, several countries across Asia continue to rely heavily on coal for their electricity production, with many projects expected to run for several years.
An annual report from Global Energy Monitor found that the global power generation capacity from coal increased in 2023. Last year, China contributed around two-thirds of the world’s new coal facilities, while Indonesia, India, Vietnam, Japan, Bangladesh, Pakistan, and South Korea also opened new plants. These facilities could run for the next two to three decades,…
