Coal use to decline next year after record high in 2023: IEAPARIS, Dec 15, 2023 (BSS/AFP) - World coal consumption should start declining next year after peaking in 2023, the International Energy Agency (IEA) said Friday. Coal is the largest energy-related source of the CO2 emissions responsible along with other greenhouse gases for global warming. "We expect to see a trend emerging of declining worldwide coal demand, starting in 2024," the Paris-based agency said, as renewable power generation from solar and wind continues to expand. According to the IEA, consumption in China alone grew by 220 million tonnes or 4.9 percent in 2023, while in India it grew eight percent and in Indonesia by 11 percent. The IEA said it was difficult to forecast demand in Russia, currently the fourth-largest coal consumer, because of the ongoing conflict in Ukraine.

Source: Bangladesh Sangbad Sangstha December 15, 2023 19:05 UTC