In 2018, according to BP, global carbon emissions have reached its maximum for the last 7 years. As it is reported by the source, electricity demand is continuously growing, and at the same time, the desire of countries to contain climate change lags behind the required pace.
Key consumers are Asian countries. Due to the results of 2018, Asia consumed twice more electricity than North America. To demonstrate the scale of consumption, China, India and the United States are responsible for two-thirds of the energy consumption growth in 2018 (which was 2.9%).
As Bloomberg noted, the result of such events and disappointing trends, there is an urgent need to contain the global temperature increase. Since the beginning of the industrial revolution, this figure has increased by 1 degree Celsius, and according to forecasts, the temperature may double by the end of the century. This climate change rate is the fastest since the end of the last ice age (about 10 000 years ago).
Despite the Paris Agreement and other agreements on reducing emissions to the atmosphere in order to reduce global temperature, electricity production from fossil sources is increasing. Coal mining and consumption, according to BP, is developing at the fastest pace in the last 5 years. At the same time, the share of renewable sources in electricity consumption by all countries increased by 15% in 2018, compared to the previous year.
Tags: coal mining