Indeed , the devil is in the details . From that report by the...

  1. 35,199 Posts.
    lightbulb Created with Sketch. 4
    Indeed , the devil is in the details . From that report by the global coal tracker the numbers can be readjusted . " planned " is not built . Also the number of plants turns out to be the number of units which means there could be several units attributed to one plant , further reducing the number . As well , some of these are actually replacing old plants as opposed to separate new ones .
    The report also acknowledges plants where there were no plants before e.g. areas that had no power before and are being industrialised for the first time .

    It is estimated that world energy use will peak between 2040 and 2050 and it will almost 50% higher than today so it makes sense to use low emission technology where possible . Even if it means that we keep emissions at today's levels through efficiency gains and renewables .

    Some interesting information here :

    " 2. Investment into renewables more than quadruples as divestment from coal becomes widespread
    In 2013 the US stopped investing in new coal-fired projects overseas, that same year the World Bank Group limited its financing of new coal projects and in 2015 the Norwegian Sovereign Wealth Fund pledged its intention to divest from coal. Spurred on by increasing focus on the long term risk associated with stranded assets, pension funds and other institutional investors followed suit throughout the 2020s, switching to investing in renewables on a global scale.
    By 2030 there is over $1.2 trillion annually invested globally in renewables, more than five times the investment into fossil fuels. "

    https://www.weforum.org/agenda/2016/11/5-predictions-for-energy-in-2030/

    https://www.theguardian.com/environ...p-half-of-worlds-new-power-plants-in-2014-iea
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.