According to Climate Policy Observer EU electricity companies to cut investment in coal plants after 2020. While this is good news there is still a long way to go.
However, coal remains an important energy source for many European member states. According to the most recent EURACOAL data analysis, in 2014 EU indigenous coal and lignite production exceeded indigenous natural gas production by 28 percent and indigenous oil production by 78 percent.
If all existing coal plants continue operating to the end of their full life span, Climate Analytics highlights, the EU will by far exceed the level of emissions from coal compatible with the Paris Agreement’s commitments. For the EU to remain within its carbon budget, 25 percent of currently operating coal-fired power units need to be shut down by 2020, rising to 72 percent by 2025, before a complete shutdown by 2030, the study finds.
U.S. coal use has been on the decline and you can find U.S. coal data in Calculus Materials.
