Beneath a sky made opaque by billowing dust, a mechanised shovel driver steered his vehicle toward the vast wall of an open coal mine. It was the middle of a central Indian summer afternoon, and outside, the temperature had hit 45C. Up in the cab, 15 metres above the black, shiny ground, it was comfortable, air-conditioned.
The Turkish government is planning to double its coal power capacity over the next four years, making it the country with the world’s third largest investment in the fossil fuel.
Targets for electricity generation from domestic coal (lignite + hard coal) are set for 60,000 MW until the end of 2019.
Chinese production and consumption of coal increased for the 13th consecutive year in 2012. China is by far the world's largest producer and consumer of coal, accounting for 46% of global coal production and 49% of global coal consumption—almost as much as the rest of the world combined.
China and India have issued a joint call for richer countries to step up their efforts to reduce global carbon emissions, ahead of this year's crucial Paris Summit.
In a rare example of cooperation between the world's first and third largest greenhouse gas emitters, a statement published during Indian prime minister Narendra Modi's visit to China calls on wealthy countries to provide finance, technology and other support to help emerging countries cut their own emissions.
April 5, 2015: India may soon become the world’s largest importer of thermal coal, nudging the current top-ranking China to second position. India’s thermal coal imports have begun to attract global attention as volumes steadily grow and China begins to slow.
Tharwa Investments, a leading player in the asset management services sector, has signed an agreement with Egypt's government to build the world’s largest coal-fired power plant at a cost of $11 billion.
The pact for the single-site 6,000 MW plant was sealed by the officials of FourWinds Group of Companies, a unit of Tharwa Investments, and the Ministry of Electricity at the Egypt Economic Development Conference held recently in Sharm El Sheikh.
A key stumbling block in the effort to combat global warming has been the intimate link between greenhouse gas emissions and economic growth. When times are good and industries are thriving, global energy use traditionally increases and energy-related carbon dioxide emissions also go up. Only when economies stumble and businesses shutter — as during the most recent financial crisis — does energy use typically decline, in turn bringing down planet-warming emissions.