Page 220 - ΝΑΥΤΙΚΑ ΧΡΟΝΙΚΑ - ΟΚΤΩΒΡΙΟΣ 2024

From production to seaborne transport & consumption
Edited by: Giannis Theodoropoulos
COMMODITIES

DRY BULK CARGOES

COAL When combined with previously proposed proj-
ects and a lowered capacity threshold to 0.6
China’s dependence on coal on the rise Mtpa, China is now developing a total of 1,280
Global coal output is on the rise again after a Mtpa of coal capacity across 14 provinces, more
short downturn in 2020, with China now sup- than half the global pipeline. If materialised, and
plying more than half of the world’s total and without robust mitigation measures, this mas-
being responsible for nearly half of all new pro- sive expansion will significantly increase methane
posals, posing a significant threat to the coun- emissions.
try’s dual-carbon goals, according to a new report With substantial coal mine expansion planned,
from the Global Energy Monitor. China is poised to become an even larger emit-
Data in the Global Coal Mine Tracker show that ter of global coal mine methane emissions. If all
China has a proposed capacity of 1,155 million proposed projects materialise, another 14,956
tonnes per annum (Mtpa), primarily from proj- MCM (10 Mt) of methane will be emitted annu-
ects with a designed capacity of at least 1 Mtpa, ally, potentially accounting for nearly 75% of pro-
representing nearly double Australia’s total coal jected methane releases from proposed mines
production from similarly sized mines. worldwide.

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