Global coal production (up 4.3 per cent) and consumption (up 1.4 per cent) has increased at their fastest rate for five years.
Average global greenhouse gas emissions are rising at double the rate of Australia’s, exposing the mismatch between the “hope and reality” of meeting Paris Agreement goals, a report has found.
A major report by energy giant BP said the world was returning to coal, and without shale gas from the US and LNG exports from Australia the emissions reduction picture would be much worse.
Massive investments in renewable energy were needed but would not be enough to satisfy increasing demands for power, most notably in China and India.
BP said global emissions overall were up 2 per cent last year as the unexpected return to coal gathered pace.
The increase of 600 million tonnes of greenhouse gases from energy was greater than Australia’s total output.
Officials said the…
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