Monday , May 16 2022

CARBON: A COLLECTIVE DEMAND OF WORLD DEMAND



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AFP

du Coal is the largest CO2 emitter, but it is still the world's leading energy source and his request remains, especially in Asia.

The global coal application has increased since 2017, after a year-on-year drop of 5.357 Mtec (million tonnes equivalent coal), according to the International Energy Agency (IEA).

Asia, and especially China is the biggest consumer.

Coal is primarily used to generate electricity. Coal factories are the world's largest electricity production source (40% before gas).

Chinese coal factories have expanded production since 2017, but may be apprehended to be under pressure from the policies of the air quality improvement cities in China, IEA releases.

India got hold of China's position as the world's largest charity consumer. Other countries have also grown in Indonesia, Malaysia, Pakistan, the Philippines and Vietnam.

"Many developing countries believe that coal is important for its economic development because its usefulness and cost are relatively low", explains the international agency.

In the long term, the IEA expects a demand of around 5,404 million tonnes until 2040. The decline in demand in China, the European Union and the United States would increase in India and South East. Asia.

Coal plays an important role in the emission of greenhouse gases.

CO2 was responsible for 40% of gasoline in 2017, according to forecasts of oil (34%) and gas (19%), according to the Global Carbon Project group.

Given the climate risks, the IEA believes it "urgent action is necessary" Accepts carbon capture and storage (CAC).

But this technology is a very expensive CO2 capture that lets you store chimney in the soil.

Only two large coal storage and storage centers are available: Petra Nova in Texas and Boundary Dam in Canada. A large project in Mississippi (United States) was suspended.

The CO2 capture capacities are just 2.4 million tonnes per year. Approximately 350 million tonnes will be reached in 2030, in accordance with the Paris Agreements for climate change, according to the IEA.

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