Coal decline spurs decarbonisation
A reduction in coal use has boosted decarbonisation in the G20, particularly in China and the UK, according to consultancy PwC.
The consultancy’s latest annual Low Carbon Intensity Index (LCEI), which tracks the progress G20 countries have made to decarbonise their economies since 2000, revealed that China’s carbon intensity fell by 6.4% between 2014 and 2015, with most of the reduction due to declining coal consumption.
China consumes half the global output of coal, so changes that affect use in China have global significance for the coal market and emissions. In 2015, coal consumption in China fell by 1.5% or 29 million tonnes of oil equivalent (Mtoe), which compares with total UK use of 23Mtoe last year.
The fall has been the most significant factor in levelling China’s emissions and is partly the result of policies to improve air quality and ...