The world’s coal-producing nations plan to build hundreds of new mines and increase output by 2.28 billion tons, revealing the insincerity with which many countries have agreed to develop net-zero carbon dioxide energies.
Australia, China, India, and Russia will start more than 75 percent of the new coal mines, even though all of them have committed to the non-binding Paris Climate Accord, Reuters reported.
These four countries contribute more than 40 percent of the world’s top carbon dioxide emissions.
China alone emits almost a third of all man-made carbon dioxide.
New research found that China plans to build coal mines to produce 452 million tons per year.
The mines in four provinces — Inner Mongolia, Xinjiang, Shaanxi and Shanx — make up 25 percent of the global projected increases.
“While the IEA (International Energy Agency) has just called for a giant leap toward net zero emissions, coal producers’ plans to expand capacity 30% by 2030 would be a leap backward,” said Ryan Driskell Tate, Global Energy Monitor research analyst who authored the report.
Chinese Dictator Xi Jinping said the nation will not slow coal production until 2026.
China has pledged that its carbon dioxide output would peak in 2030 and then slowly decline until it reaches net-zero in 2060, ten years after most Western countries.
The researchers warned China that demand for coal will soon drop, leaving the nation with costly and useless mines.
“Demand for coal is plummeting and financing for new coal projects is drying up,” Driskell Tate said. “New mines and expansions of existing mines will be producing coal for a world in which coal is unviable economically, and untenable for the environment.”
But environmentalists have been warning for years that demand for carbon-dioxide emitting fuel sources will soon be eliminated.
Their efficiency and cost effectiveness, however, indicate that they will not be gone as soon as experts predict.
As China and Third-World nations expand production, the United States under the administration of President Joe Biden continues it’s mission to kill the coal industry in the name of saving the world from climate change.
