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Chart of the day: European wind and solar share vs Australia

Wind and solar lead charge as renewables overtake fossil fuels in Europe

Coal will blow past world s climate targets, driven by Australia s mining frenzy

20 December 2020 The world’s coal emissions are set to blow past climate targets in 2025, with Australia playing a key role in supply, finds a new report released this weekend by the International Energy Agency (IEA). The Coal 2020 analysis details forecasts out to 2025, and finds that global coal demand will rebound slightly in 2021, but will remain essentially flat out to 2025. Increasing demand in Asian countries will offset structural declines in coal use in other parts of the world. “As coal is by far the single largest source of global energy-related carbon emissions, the trends outlined in the report pose a major challenge to efforts to put those emissions on a path compatible with reaching climate and sustainable energy goals”, writes the IEA.

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