King coal is dirty, dangerous—and far from dead
Live MintBRITAIN WAS the first country to generate electricity from coal. View Full Image If the current fleet of coal plants is run normally until 2050, they will emit some 250 gigatonnes of carbon dioxide, according to the International Energy Agency. South Africa has become a test case for the Just Energy Transition Partnership, a brainchild of the G7 club of rich countries launched in 2021 to accelerate the “coal to clean" transition. The EU’s new Carbon Border Adjustment Mechanism punishes exports from countries reliant on carbon-intensive energy, prompting countries to offset emissions or reconsider coal. Yet if both those steps can be taken by governments and donors, the market forces can be unleashed to add cheap, clean capacity to grids, which would leave much of the world’s stock of dirty coal-fired power plants stranded.