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Global coal demand to hit a record 877 crore tonnes in 2024 driven by China, India while renewables slow growth in developed nations, IEA says (groundreport.in)

submitted 2 weeks ago by tardigrada@beehaw.org to c/environment@beehaw.org

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Cross posted from: https://beehaw.org/post/17832023

Archived version

The International Energy Agency (IEA) reported that global coal demand is expected to reach unprecedented levels in 2024. In its latest report, "Coal 2024: Analysis and Forecast for 2024," the agency predicts coal consumption will climb to 877 crore tonnes, marking a new record.

The report notes that while global coal demand increased by 1% in 2023, the growth rate has slowed compared to previous years. In 2021, coal demand surged by 7.7% following the COVID-19 recovery, while growth rates moderated to 4.7% in 2022 and 2.4% in 2023.

[...]

China, the world's largest coal consumer, will significantly drive global demand. The IEA estimates China's coal consumption will grow by 1% in 2024, reaching 490 crore tonnes. India, the second-largest consumer, is expected to see a 5% increase, bringing its consumption to 130 crore metric tonnes—a level previously achieved only by China.

Conversely, coal demand in developed regions like the European Union and the United States continues to decline. The European Union’s demand is projected to drop by 12% in 2024, while the US is expected to see a 5% decline. However, these decreases are less steep compared to the significant drops in 2023.

[...]

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[–] ianhclark510@lemmy.blahaj.zone 1 points 2 weeks ago (1 children)

What is a crore tonne? Probably a typo but it’s so mangled I can’t tell what it’s even supposed to be

[–] ggtdbz@lemmy.dbzer0.com 3 points 2 weeks ago (1 children)

It’s an Indian number (10^7). That system uses different separator placements.

[–] ianhclark510@lemmy.blahaj.zone 1 points 2 weeks ago (1 children)

People will measure with anything except the metric system

[–] alyaza@beehaw.org 2 points 2 weeks ago (1 children)

bluntly: why would an Indian news website use metric to satisfy a bunch of foreigners who don't read their paper over a cultural numbering system that people on the Indian subcontinent have used for centuries without problems and which is almost universally understood across the subcontinent's dozens of languages

[–] ianhclark510@lemmy.blahaj.zone 1 points 1 week ago

Yep, environment@beehaw.org, well known Indian news websites