India will drive demand for coal through 2026, says IEA
Friday, 15 December 2023 India will be the main engine of global coal demand growth through 2026 as the country scrambles to add thermal generation capacity to power up its expanding economy, the International Energy Agency said on Friday, days after the CO climate declaration called for driving out all fossil fuels. The IEA coal market report and forecast 2023 projected India's coal demand rising 3.5% annually to 1,397 million tonnes (mt) in spite of an expected trebling of solar power capacity by 2026, compared to 2021, and a target of raising the share of green power to 50% by 2030.
SUV Sales Hit , Record High in 2023 Despite , Global Efforts to Cut Emissions.
'The Guardian' reports that SUV sales
hit a record high in 2023, comprising
half of all new cars sold globally.
Experts warn that the increasing popularity
of the heavy vehicles will drive up carbon
emissions responsible for global warming.
An analysis by the International Energy Agency
(IEA) found that emissions from SUVs made up
for 20% of the world's carbon emissions in 2023.
According to the IEA, if SUVs were
considered a country, they would have been
the fifth-largest carbon emitter in the world,
ahead of both Germany and Japan.
'The Guardian' reports that urgent cuts in emissions
are needed to combat climate-driven extreme weather
events, which are already increasing in frequency.
Despite this, SUV sales
increased by 15% compared to a 3%
increase for conventional automobiles in 2023.
According to the IEA, the main reasons
behind increasing SUV sales are
βthe appeal of SUVs as a status symbol,β
automakers' marketing and perceptions of comfort.
The IEA also points out that SUVs cause greater injuries
in pedestrian collisions, due to the height of the
vehicle's front end and take up more space in cities.
While 20% of the SUVs sold in 2023
were either full electric or plug-in hybrids,
the vehicles require larger batteries, which
places a strain on supplies of critical minerals. .
In 2023, there were over 360 million SUVs
on roads worldwide, which were responsible
for more than 1 billion tons of carbon emissions,
increasing by about 10% compared to 2022
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India will drive global coal demand growth through 2026, despite calls to phase out fossil fuels. The International Energy Agency (IEA) projects India's coal... IndiaTimes