November 11, 2020 Read More →

Rebound in coal, CO2 emissions likely to welcome new White House

Financial Times:

The first year of a Joe Biden administration is likely to be marked by a rebound in the burning of coal and a record increase in carbon dioxide emissions in the US, providing a sharp — if fleeting — contrast to the president-elect’s agenda for cleaning up the power sector. 

About 546m short tons of coal will be fed to power plants in 2021, up 23 per cent on this year and the most since the second year of Donald Trump’s presidency, according to new forecasts from the US Energy Information Administration.

Coal historically accounted for more than half of US power generation.

Dennis Wamsted, an analyst at the Institute for Energy Economics and Financial Analysis, said any rebound in 2021 would be an aberration.

“The trend is downward, and really what we are arguing about right now is how fast that trend is going to take place,” he said. 

[Gregory Meyer]

More: Biden faces surge in US coal use and carbon emissions in first year

Posted in: IEEFA In the News

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