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The reserve list specifies different types of coal and includes countries with at least 0.1% share of the estimated world's proven reserves of coal. All data are taken from the German Federal Institute for Geosciences and Natural Resources (BGR) via BP; all numbers are in million tonnes. [1]
The peak of coal's share in the global energy mix was in 2008, when coal accounted for 30% of global energy production. [3] Coal consumption is declining in the United States and Europe, as well as developed economies in Asia. [3] However production increased in India, Indonesia and China, which offset the falls in other regions. [5]
Coal is the most abundant and burned fossil fuel. This was the fuel that launched the industrial revolution and continued to grow in use; China, which already has many of the world's most polluted cities, [2] was in 2007 building about two coal-fired power plants every week.
Global coal demand is likely to have peaked this year, and could drop by about 2% over the next three years as China brings more renewable energy sources online, the International Energy Agency ...
SINGAPORE (Reuters) -China approved 114 gigawatts (GW) of coal power capacity in 2023, up 10% from a year earlier, with the world's top carbon polluter now at risk of falling short on climate ...
Soaring natural gas prices have made coal more competitive in many markets, and some nations have resorted to coal as a substitute for potential energy rationing in the 2022–2023 winter. With demand for coal increasing in Asia and elsewhere, global coal consumption rose by 1.2% in 2022 to more than 8 billion tonnes for the first time in ...
Global Energy Monitor was founded in 2007 by writer and environmentalist Ted Nace.Originally named "Coalswarm", and affiliated with Earth Island Institute, the organization created a tracker database of global coal-fired power stations that became "widely respected" by academic researchers, media outlets, and governments. [2]
The U.S. dollar saw a 9% decline in its share of global reserves in 2023, causing many to question since then whether the dollar’s days of dominance are over. This shift underscores a gradual ...