The environment is impacted by a large number of factors including air pollution, water pollution, vehicle emission, and carbon footprint. One of the major contributor to our declining climate conditions is coal. Due to the increased number of factors impacting the climate, the concerns to work while ensuring environmental safety especially for businesses and industries have become a challenge.
More than 126 banks and insurers all around the globe have tightened their restriction policies whereas 33 national and 27 non-national governments have ordered to stop working with coal in order to reduce the adverse impacts of it on nature.
As of 2018, plants fired with coal were the only yet largest factor to be responsible for the increase in carbon dioxide related emissions i.e., exceeding the hefty 10 Gigatonnes (Gt). Moreover, countries including China, India and the United States altogether account for 72% generation of all the electricity in the world with figures 4,854 TWh, 1,137 TWh and 1,054 TWh, respectively.
Talking about individual percent accountability then, China contributes mostly to the global CO2 emissions from coal usage i.e., 49.4 percent followed by India at second (11.7 percent and the United States at third (8.7 percent).
Since coal is one of the most affordable yet helpful resources, it can’t really be said that big developing countries will phase out its use. Coal will continue to remain a powerful natural resource especially in the production of power, cement and steel. However, ways to diminish the CO2 emissions by coal is being figured out by these countries. According to the researches, these governments are investing a hefty amount in units that can help with lower emission and coal cleaning.
Infographic by: Energyminute.ca