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IEA: global CO2 emissions rebounded to their highest level in history in 2021; largely driven by China

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billion tonnes, their highest ever level, as the world economy rebounded strongly from the COVID-19 crisis and relied heavily on coal to power that growth, according to new IEA analysis. Coal accounted for over 40% of the overall growth in global CO 2 emissions in 2021, reaching an all-time high of 15.3 billion tonnes.

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Utility solar dethrones coal as the cheapest power source in Asia

Baua Electric

Photo: China News Service Renewable energy costs in Asia last year were 13% cheaper than coal and are expected to be 32% cheaper by 2030, according to a new study. This is significant because it marks a shift toward making renewables increasingly competitive with coal, a mainstay in APAC’s energy mix.

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Seattle City Council passes resolution opposing transportation of coal through Seattle for export, measures for mitigating impact

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The Seattle City Council unanimously passed Resolution 31379 stating Seattle’s opposition to the transportation of coal through Seattle. There are currently four coal exports under permit review in the Northwest that collectively could increase US coal exports by 150 million tons of coal annually.

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BNEF: steel industry set to pivot to hydrogen in green push; additional $278B for clean capacity and retrofits

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Another 45% could come from recycled material, and the rest from a combination of older, coal-fired plants fitted with carbon capture systems and innovative processes using electricity to refine iron ore into iron and steel. The next ten years could see a massive expansion of steel capacity to meet demand in growing economies, such as India.

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India’s Own Battery Manufacturing Plant

Electric Vehicles India

India’s Own Battery Manufacturing Plant. India’s import of Lithium-ion batteries has increased four-time when compared to the last financial year. If this import figures could be reduced then we could reduce the cost of the vehicle which will make the vehicle more affordable to all class of people.

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Asian Development Bank providing $300M towards replacing 100K gasoline trikes with E-Trikes in the Philippines; $300M for major road upgrades in Chhattisgarh, India

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Separately, ADB announced it will provide $300 million to overhaul more than 900 kilometers (559 miles) of roads in India’s Chhattisgarh state. Low quality roads are undermining the benefits of the state’s rich mineral and coal deposits, holding back new economic opportunities and access to social amenities, especially for minority groups.

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BNEF, Snam, IGU report finds global gas industry set to resume growth post-pandemic; low-carbon technologies for long-term growth

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However, the resulting low gas prices, as well as clean air and climate policies, will promote further switching to gas from other more polluting energy sources, such as oil and coal. India is planning to almost double the length of its gas transmission grid, while China will grow its gas network about 60% by 2025. Low-carbon gas.

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