Eric Maugendre about carbonJun 14, 2024

Upcoming: "China and ten other countries account for 95% of coal power capacity under consideration."

Global Energy Monitor: https://globalenergymonitor.org/report/boom-and-bust-coal-2024/ @energy @climate

#coal #GHG #carbon #emissions #upcoming #forecasting #trends #anthropocene

Boom and Bust Coal 2024

Boom and Bust is an annual survey of the global coal fleet by Global Energy Monitor and partners. The report analyzes key trends in coal power capacity and tracks various stages of capacity development including planned retirements. This provides key insights into the status of the global phaseout of coal power and evaluates progress towards … Continued

Global Energy Monitor
Show threadEric Maugendre about carbon

It is a matter of national sovereignty:
“Chinese officials view coal as the primary guarantee of energy security,” said Anders Hove, senior research fellow at the Oxford Institute for Energy Studies cited at https://colombogazette.com/2024/06/05/chinas-coal-surge-threatens-climate-goals-despite-xis-pledge/

#China #coal #footprint #GHG #CO2 #carbon #economy #production #industry #energy #anthropocene #emissions #emitters #expellents #climateChange

Jun 14, 2024 at 10:00amWeb
Show threadEric Maugendre about carbonAug 15, 2024

Enabling climate acceleration are economic sectors such as land use, China coal, Saudi Aramco, Coal India, Gazprom (Russia), National Iranian Oil — in that order.
Since 2021, China coal sends more carbon in the air than NATO equities and Arab states combined. The China coal sector is increasing capacity and already is delivering 12.7 Gt/year.

Study: http://data.yt/projections/2024-results.html

#China #coal #footprint #GHG #CO2 #carbon #economy #production #industry #energy #emissions #globalHeating #climateChange

Show threadEric Maugendre about carbonNov 12, 2024

"Selling carbon offsets is deeply misguided. Offsets are unlikely to generate funds at the scale needed, and any offset transactions would negate the climate benefits from shutting down coal plants"

#ReclaimFinance: https://reclaimfinance.org/site/en/2024/11/12/coal-transition-commission-disappoints-with-misguided-promotion-of-offsets/

#credits #abatments #coal #CTC #COP29 #emissions #transition #energyTransition #offsets #energy #carbonOffsets #plants #coalPlants #carbon #GHG

Coal Transition Commission disappoints with misguided promotion of offsets - Reclaim Finance

Offsets are unlikely to generate funds at the scale needed, and any offset transactions would negate the climate benefits from shutting down coal plants.

Reclaim Finance
Show threadEric Maugendre about carbonNov 13, 2024

@energyecon 🧵

#Carbon #offsets are intended "to move emission reductions around. Corporations and governments buy offsets as a cheaper alternative to cutting their own emissions. But emissions need to be cut to near zero, and so ALL emission reduction opportunities need to be exploited — and quickly — and not traded off against one another."

https://reclaimfinance.org/site/en/2024/11/13/no-traction-offsets-wont-deliver-the-climate-benefits-of-coal-phaseouts/

#credits #abatments #coal #CTC #COP29 #emissions #transition #energyTransition #energy #plants #GHG #phaseouts

No Traction: Offsets won’t deliver the climate benefits of coal phaseouts - Reclaim Finance

Efforts to accelerate the early retirement of Asian coal plants have stalled due to the difficulty of attracting sufficient volumes of concessional finance.

Reclaim Finance
Show threadrespectmyplanet.orgNov 13, 2024
@maugendre China has almost 1TW of coal power and they’re making all the world’s solar and batteries. Should we boycott Chinese solar and batteries until they stop using coal?
Show threadEric Maugendre about carbonNov 13, 2024
@respectmyplanet
We may forbid products from coal, oil and gas.
Show threadrespectmyplanet.orgJan 11, 2025
@maugendre Would that include never buying solar panels or lithium-ion batteries bc China is the only source? It’s complicated, no?
Show threadNazaniAug 15, 2024
@maugendre
I wonder if anyone in China is making the link between climate change & their recent "Biblical" flooding.
Show threadEric Maugendre about carbonAug 15, 2024
@Nazani
Sure they make the link. 😐
Show threadRichard R LeeJun 14, 2024
‘Dancing the #ChinaTwoStep.’ #DeathByCarbon. @maugendre
Show threadnikolJun 15, 2024
@maugendre what about the curve S point we are right now in the planet? How does China sovereignty is explained? Is there any analysis you could give?
Show threadEric Maugendre about carbonJun 16, 2024

@nikoleavic
The texts on China are overwhelming. I am not taking that bait 😄

In the contrary, i will soon publish a paper on carbon curves. So, What is the S curve you are hinting at?