India fuels worldwide jump in planned coal production
Summary
A new report shows that planned coal mining projects worldwide increased by 11% last year, mainly due to India’s big push to expand coal production. This growth in coal mining projects happens even though global demand for coal is not rising and renewable energy is growing.Key Facts
- Global planned coal production is expected to increase by 2.5 billion tonnes per year, an 11% rise from the previous year.
- India, especially the states of Jharkhand and Odisha, proposed many new coal mines to boost output.
- India aims to raise its coal production to 1.15 billion tonnes in the 2025-26 fiscal year to meet growing electricity needs and cope with more frequent heatwaves.
- Despite the rise in new coalmine proposals in India, the number of new mines starting operations worldwide fell by 40% last year.
- China and Australia reduced their coal mine startups by 44% and 96%, respectively.
- Wind and solar power generated more electricity globally than coal for the first time last year.
- The increase in coal projects in India goes against the predicted global decline in coal use by the end of the decade.
- Experts suggest governments could cancel new coal projects to avoid more coal production as clean energy becomes cheaper.
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