Economics at your fingertips  

Current and future struggles to eliminate coal

Stephen Zhao and Alan Alexandroff

Energy Policy, 2019, vol. 129, issue C, 511-520

Abstract: Reductions in coal use necessary to meet the objective of keeping global temperature increase well under 2.0 °C faces serious political economic hurdles. To transition from coal, existing use must be eliminated and new growth in coal consumption must be stymied. Efforts to reduce existing consumption in a speedy manner faces challenges in domestically oriented markets where coal industry coalitions resist anti-coal policy and pursue industry protection. In addition, we identify a serious loophole in coal restraint exercised by a number of the users including: China, Japan and Korea. Continued support for coal capacity expansion abroad in both public and private sectors in these markets appears to reflect the lack of incentives, or sanctions in reining in such external capacity expansion. Such external expansion currently is not counted in nationally determined commitments for the Paris Agreement of the United Nations Framework Convention on Climate Change (Paris Agreement). Without greater national political efforts, the necessary reduction in coal use cannot be achieved.

Keywords: Coal; Climate change; Paris agreement; Mitigation; National policy; Emissions reduction (search for similar items in EconPapers)
Date: 2019
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed

Downloads: (external link)
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link:

Access Statistics for this article

Energy Policy is currently edited by N. France

More articles in Energy Policy from Elsevier
Bibliographic data for series maintained by Dana Niculescu ().

Page updated 2019-08-10
Handle: RePEc:eee:enepol:v:129:y:2019:i:c:p:511-520