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As of 2024 over 40% of all energy sector CO2 emissions are from coal, and many countries have pledged to phase-out coal. [2] The peak of coal's share in the global energy mix was in 2008, when coal accounted for 30% of global energy production. [1] Coal consumption is declining in the United States and Europe, as well as developed economies in ...
While crude oil and natural gas are also being phased out in chemical processes (e.g. production of new building blocks for plastics) as the circular economy and biobased economy (e.g. bioplastics) are being developed [16] to reduce plastic pollution, the fossil fuel phase out specifically aims to end the burning of fossil fuels and the consequent production of greenhouse gases.
Coal phase-out is an environmental policy intended to stop burning coal in coal-fired power plants and elsewhere, and is part of fossil fuel phase-out. Coal is the most carbon-intensive fossil fuel, therefore phasing it out is critical to limiting climate change as laid out in the Paris Agreement .
Optimism also abounded in relation to the promises on coal, which has the dirtiest carbon footprint of the major fuels and is a significant source of planet-warming emissions. 40+ Countries Pledge ...
India is also the second-largest importer of coal 141.7 Mtoe in 2018 and the second-largest consumer of coal with 452.2 Mtoe in 2018. [8] India is also home to the world’s largest coal company, Coal India Ltd, which controls 85% of the country’s coal production with 7.8% production share of coal (including lignite) in the world. [64]
[4] The largest consumer and importer of coal is China. China mines almost half the world's coal, followed by India with about a tenth. Australia accounts for about a third of world coal exports, followed by Indonesia and Russia. [5] Coal is largely held in the Earth in areas that it needs to be mined from, and is generally present in coal seams.
In 2005, the government of India unveiled a bold scheme to bring its poorest citizens into the 21st century. It would commission a series of coal-fired power plants — each with seven times the capacity of its average U.S. counterpart — that would provide cheap electricity in a country where one-third of the population lives off the grid.
The electricity sector is the largest consumer of raw coal in India and accounted for 64.07% of the total coal consumed in the country in 2020–21. Other significant consumers include the steel and washery industry (6.65%), the sponge iron industry (1.06%), the cement industry (0.75%), and fertilizers and chemicals (0.19%).