Global Coal Consumption Is Still Soaring…
Despite efforts to decarbonize the economy, global coal consumption surpassed 164 exajoules for the first time in 2023. The fossil fuel still accounts for 26% of the world’s total energy consumption.
In this graphic, Visual Capitalist’s Bruno Venditti shows global coal consumption by region from 1965 to 2023, based on data from the Energy Institute.
China Leads in Coal Consumption
China is by far the largest consumer of coal, accounting for 56% of the global total, with 91.94 exajoules in 2023.
It is followed by India, with 21.98 exajoules, and the U.S., with 8.20 exajoules. In 2023, India exceeded the combined consumption of Europe and North America for the first time.
Regionally, North America, Europe, and even the Rest of World have seen a decline in coal consumption since the 1990s. The Asia-Pacific region, however, has made up for this demand and more, with consumption soaring since about the year 2000.
Coal Production on the Rise
In order to meet consumption demand, global coal production also reached its highest-ever level in 2023.
Over 8.7 billion tonnes of coal were mined, equal to about 179 exajoules worth, with the Asia-Pacific region accounting for nearly 80% of global output. This activity was concentrated in Australia, China, India, and Indonesia.
China alone was responsible for just over half of total global production.
If you want to learn more about fossil fuel consumption, check out this graphic showing the top 12 countries by fossil fuel consumption in 2023.
Tyler Durden
Mon, 09/23/2024 – 04:15
via ZeroHedge News https://ift.tt/8p604c7 Tyler Durden