Guest essay by Eric Worrall
According to CNBC India has just saved the world, by forcing everyone to accept the deletion of the centrepiece of COP26, replacing the “Phase Out” of coal with the much weaker phrase “Phase Down”.
Countries strike deal at COP26 climate summit after last-minute compromise on coal
PUBLISHED SAT, NOV 13 20212:53 PM ESTUPDATED 31 MIN AGO
Sam Meredith @SMEREDITH19
- The announcement comes several hours after the scheduled Friday evening deadline.
- Delegates had struggled to resolve major sticking points, such as phasing out coal, fossil fuel subsidies and financial support to low-income countries.
- The U.N. meeting in Glasgow, Scotland, was billed as humanity’s last and best chance to keep the all-important goal of 1.5 degrees Celsius alive.
Negotiators from nearly 200 countries at the COP26 summit on Saturday reached an agreement to try to prevent progressively worse and potentially irreversible climate impacts.
The announcement comes several hours after the scheduled Friday evening deadline.
Delegates had struggled to resolve major sticking points, such as phasing out coal, fossil fuel subsidies and financial support to low-income countries.
India, among the world’s biggest burners of coal, raised a last-minute change of fossil fuel language in the pact, going from a “phase out” of coal to a “phase down.” After initial objections, opposing countries ultimately conceded.
In an emotional address to assembled delegates, the U.K.’s COP26 President Alok Sharma said he was “deeply sorry” for the way the process had unfolded. “I understand the deep disappointment. It’s also vital we protect this package,” Sharma said.
The U.N. meeting in Glasgow, Scotland, was billed as humanity’s last and best chance to keep the all-important goal of 1.5 degrees Celsius alive. This temperature threshold refers to the aspirational target inscribed in the landmark 2015 Paris Agreement.
…
What can I say – please accept a big thank you from WUWT, Prime Minister Modi.
I have Indian friends who speak of Prime Minister Modi with reverence. As an economic rationalist, Prime Minister Modi rose to power after a spectacularly successful term as chief minister of the Indian state of Gujarat. Wikipedia seem to hate Modi, in my opinion with a similar level of venom as they display towards President Trump, which gives you a pretty good idea what kind of politician Modi is. Modi’s party, the BJP, are right wing India first nationalists.
The phrase “Phase out coal” could have sent an instant chill through the energy market, raising the perception of risk for those people still willing to invest in coal.
“Phase down” will be interpreted by many as a signal that it is business as usual, that the COP26 climate agreement is just another empty international greenwashing exercise.
Update (EW): Video of COP26 President Alok Sharma with tears in his eyes, after India ambushes and wrecks the end of coal centrepiece near the end of the conference.
COP26 was an excuse for a party.
I thought it was a way to virtue signal hypocrisy.
It is how the socially obnoxious social just warriors spawn. In their native environment they are perpetually indignant, angry and yelling which makes it very difficult for them to form normal human-like relationships. Cop is short for copulate.
and comes but once a year
Over 400 private jets were used to convey the attendees to the conference.
It’s both: party time, and virtue signal time.
COP26 was a great reason for Joe Biden to leave his basement-
though he went a little bit too fart in front of the duchess of Cornpo…Cornwall.
Joe Bin Fartin’ …. international terrorist last seen shitin’ himself in the Vatican and ripping wet ones with royalty 😉
So that’s what the ‘F’ in FJB means…..
Covfeve
Now you know why he demanded that the pipeline stuff be shut down. He can likely provide the entire continent with a prolonged supply of natgas all by himself. 🙂
I thought COP stood for Corrupt Oligarch Party
Curious . . I thought it was ‘Conference of Preppers’.
Australia’s second largest export is coal.
Apparently they think we should forego those earrings and simultaneously send the money which we’ve just deleted to ‘poor’ countries.
Apparently a tanker of CNG leaving Australia at the current spot price is worth $150 mill. Coal and iron ore is good prices too.
Perhaps the world should pay less for these products if they are worried about ‘Klimate’
They don’t need an excuse for a party in Glasgow.
It’s just like in Manchester.
Part’y!!!!
Aren’t they all. Wasn’t it Willis Eschenbach (of this parish) who coined the title ‘Conference of the Partygoers’?
Well its proper name is Conference of the Parties………
The Guardian writes that only India asked for this “coal phase down”, while the NYT and the Independent write India and China. Which MSM source is lying?
https://www.cnbc.com/2021/11/14/china-india-will-have-to-explain-themselves-on-coal-cop26-president.html
Trump wasn’t around but if he still was they would have blamed him
COP26 President Alok Sharma (a genuine coconut) here says that India and China have to explain themselves to the most climate vulnerable countries in the world – like the Maldives, Bangladesh or some pacific islands.
No, it is the Anglo club that has to explain why they want to force their net carbon zero suicide nonsense onto the poor of the whole world.
https://www.bbc.com/news/uk-59280241
“Phase down” seems to have been used first by Xie Zhenhua towards special envoy John Kerry in Beijing.
https://www.thehindu.com/news/international/how-a-dispute-over-coal-nearly-sank-the-glasgow-climate-pact/article37498019.ece
Greta said it best: “Blah blah blah”.
COP26 urges, requests, implores…pretty please world.
She said it even better telling the self-annointed elite nitwits to shove it:
Shouldn’t she have discovered boys at her age? I really wish she would, and leave the rest of us in peace.
Her hysteria became the most expensive Asperges case treatment in human history. Still I blame the parents + MSM.
..and with that, she was quietly shuffled off the scene and back to Sweden. Sent to her bedroom for being naughty, I should imagine.
Sorry for out-of-aligned comment, my comment about Greta Doomberg being sent to her room was in response to philincalifornia below.
Waste of time, resources, and common sense. How anyone would give credence to anything proclaimed at a COP is a mystery. Unless of course an attendee said they would do nothing then they are ignored by the press.
Given that COP26 was the ‘last chance’ will the those who speak for COP26 tell us either:
A) that they succeeded in the last chance (in which case there will be no more need for ‘last chance’ conferences) or
B) that failed their last chance (in which case there will be no more need for ‘last chance’ conferences.
I for one will not be holding my breath (and thus exhaling more CO2!)
You’d hold your breath if You’d be standing next to Biden,
as this may not be your last chance but the only one.
That might explain Al Gore’s and John Kerry’s long faces.
You’re horsophob.
No, They were born that way!
Phase out, phase down . . .
As the Greta Gatherers would say –
“WHATEVER!”
And China commits to more than phasing out coal. They shall destroy all of their coal (and Australia’s and Indonesia’s) by burning it, so that it can never again pollute the atmosphere with carbon.
Greta’s little rent-a-mob. Bussed and trained in from wherever to make it look like they have some support.
The Guardian had a piece where one of the hangers on was criticising Bojo for flying back to London in order to appear in Parliament. Where was she from? The Philippines!
Actually if you go by the strict definition, a Phase Up will follow a Phase Down:
Activists probably won’t catch that nuance until about COP46. (lol)
I pledge to reduce my carbon footprint to match Trudeau, Brandon, Kerry and Gore.
I am prepared to do my part. Suffer through my trust funds, private jets, motorcades, lavish banquets and pensions all on the taxpayer dime.
While you suckers pay for it through inflation, interest and taxes. Tally ho I’m off to save the world.
I see that Tony Juniper (ex director of Friends of the Earth) now head of Natural England is recommending raising taxes on food and water to combat climate change.
http://www.telegraph.co.uk/news/2021/11/14/raise-taxes-food-water-combat-climate-change-says-natural-england/
Halfway down the article the hockey stick seems to have been resurrected, purporting to show climate change over the last 2000 years.
Tax increases would end up with the poor having to find the money to pay the tax while the elite can regard any tax increases as a minor inconvenience that they can well afford.
I said exactly the same to Ghalfrut … my carbon footprint should be able to be the same as all the celebrities.
“According to CNBC India has just saved the world, by forcing everyone to accept the deletion of the centrepiece of COP26, replacing the “Phase Out” of coal with the much weaker phrase “Phase Down”.”
Well then, are we going to “phase down” solar panels as well? Coal is used to make the silicon for the panels, is it not?
Are we going to “phase down” steel making too? Isn’t coal used to make steel?
What else are we going to “phase down” from the lack of coal? Currently, there are research projects underway to try and extract rare earth elements from coal and coal ash. Do we in the U.S. want to remain dependent on China for REEs? When the crude oil runs out or gets hugely expensive, is coal liquefaction going to be out of the question?
By the time the world’s govt bureaucrats are finished, they are going to “phase down” and perhaps eventually “phase out” human civilization itself. What is scary about that is that some (perhaps many) in the environmental movement would probably welcome it.
I don’t know if all of this is the result of ignorance or just plain political pandering from an unwillingness to stand up to the environmental movement. No one in the mass media or in government ever subjects the environmental movement and its belief systems to any critical analysis. History tells us that a failure to do so can have devastating consequences.
I don’t even want to think about what those consequences could be.
“No one in the mass media or in government ever subjects the environmental movement and its belief systems to any critical analysis”
It’s not just the environmental movement. It worked so well at distorting climate science, the political left applied the same techniques to Covid ‘science’ and many fell for that too. This lack of critical analysis applies to nearly their entire agenda.
8% of world CO2 output is from iron and steel making. Another 8% is cement for concrete.
Hence by design you control the carbon space you control development … that isn’t accidental.
How dare you focus on details when you should be focussing on how many likes COP attendees got on social media!!!!!
Under the Paris Agreement as a country you can’t develop unless you have the carbon space. By design the whole net zero rubbish limits the carbon space so in effect the developing countries are frozen into being 3rd world. You could argue it’s a new form of colonial/imperial control aimed at exploiting developing nations and all they had to do was promise some imaginary climate cash that will never appear.
Damn right – the political children of the Nazis, the green socialists, think that white existential angst over phantom gases (not the ones coming from Biden’s butt, but the ones setting the world on fire supposedly) are more important than dependable energy and especially electricity to ‘phase out’ poverty, disease, illiteracy.
Green is the new racism.
Does anyone remember when there were news reporters who cared about the poor? News reporters who have visited none tourist Africa and India for a few weeks to understand what happens or does not happen because there is no electricity and infrastructure. News reporters who understand basic fundamental concepts/truths.
Roads, traffic lights, night lighting, elevators, electric powered machines, trucks, cars, clean water delivered in pipes, pipes that take away human waste, and the other stuff that makes our cities work. Note energy is required to make the pipes and install the pipes. Same requirement for all the materials used to build and maintain the cities/countries.
Energy and a GDP is required to build and maintain cities and countries. No GDP… No country. No electricity, no GDP, and no country.
Does anyone understand what happens when countries are mismanaged and go bankrupt? Powerful companies can be destroyed by gross ‘mismanagement. This sabotage, not miss management.
India is advancing, because India has coal fired power plants and regions where there is 24/7 electricity. Africa is heading towards mass starvation/chaos.
There are 600 million people in Africa who live without electricity, live in shanty towns, without industry and jobs, because 24/7electricity is required for light and medium industry.
https://www.thegwpf.org/content/uploads/2020/06/Heart-Darkness-Africa-Energy-Poverty.pdf
HEART OF DARKNESS
WHY ELECTRICITY FOR AFRICA IS A SECURITY ISSUE
Rick Perry (Under the Trump administration.) on his first visit to Cape Town, when someone asked why Washington was spending billions on electricity plants in Africa. I expected a politician’s answer: human rights, good work, a policy that cares about the less fortunate.
‘It’s a security issue’, he said. ‘Militia and terror groups are a magnet for young men without jobs, and if there’s no grid or power, you can’t industrialise’. He rolled off the numbers. More than 600 million Africans – half the population – are not on the grid. America uses more electricity in a day than Ghana or Tanzania generate in a year. Investors are keen on the continent, but a lack of capacity keeps them away.
https://www.cfr.org/blog/home-over-half-population-nigerias-cities-continue-boom
But much of this urbanization is unplanned and chaotic. According to a World Bank report about African cities, “Africa’s cities feel crowded precisely because they are not dense with economic activity, infrastructure, or housing and commercial structures.”
They lack “formal housing in reach of jobs, and without transport systems to connect people living farther away,” forcing residents to “forgo services and amenities to live in cramped quarters near their work.”
The realities of life in Nigerian cities are hard. In Lagos, about two of every three people live in a slum. Less than 10 percent of residents have access to piped water (for those that do, it is often riddled with sediment and unsafe to drink), forcing urban households to purchase water from vendors at up to three times the normal price charged by Lagos state. Only six percent of urban households have a flushing toilet that is connected to a sewage system.
my dear sister, a greenie convert was recently telling me how wondrous it was that her husbands boss, billionaire Chris Hohne had provided (through his charitable foundation, CIFF) solar powered lighting and batteries to the poor in remote villages in Madagascar. My response was they would probably have appreciated the gift of a nuclear power station rather more 🙂 Needless to say she wasn’t amused
What is she upset about, you can’t create jobs and fight poverty just by having lighting you need industry. If you aren’t going to have industry the people are better off doing traditional practices that got them to where they are now and is obviously sustainable.
How ’bout politicians who pandered to the retired crowd, as if they were an important voting block? Run away inflation and evaporation of savings – get over it!
if the entire population of Canada moved to Mexico for the 6 months of winter, Canada’s emissions would be cut by 50%. After years of failed promises we would meet our 2030 commitment at a fraction of the cost of converting to a green economy. Something we have not been able to achieve after years of trying.
I vote we all descend on Europe for 50% of the year and trash their carbon budget and cause rolling power blackouts .. the irony would be fantastic.
India has saved millions of people from poverty and death due to lack of energy.
No COP (Canadians over Party? Justin T please provide the Canadian contingent so called footprint for this foolery, jet fuel, chefs, protographers, etc, etc, etc, etc) is required since this WAS the LAST chance. Even Greta has given up. Good. No more phony virtual signalling required.
Canada sent the most delegates to COP26 out of G7 nations, outnumbering even host-state, the UK.
Canada: 276
UK: 227
Japan: 225
France: 195
US: 133
Germany: 120
Italy: 66
Of course, the USA sent more cars than Italy sent people so there’s that.
h/t to someone I didn’t note (apologies).
Canada: 276
Well, to be fair, Justin needs all those hair stylists.
Sarcasm is now the way forward… precede everything with ‘Last Chance’ this, ‘Last Chance’ that, until it withers from the ridiculousness of it all.
Good tactic, but first we shall loot the treasury.
I really hope so. The thought of anyone actually trying to achieve net zero with renewable energy fills me with horror.
Modi and the BJP refuse to surrender to the Islamic imperialists and colonialists who invaded India and slaughtered so many. Wikipedia doesn’t respect decolonisation struggles when Muslims are the target.
Down, but not out. Brilliant!
Down is the new up 🙂
From the G20 on the CoP was doomed. The Indian and Chinese positions were known and nothing has changed
Still, it was a most excellent jolly all the same. Comfy travel, reasonable digs, decent grub and no shortage of escorts and prostitutes.
Apparently it wasn’t all that good. Several delegates have slammed the SNP’s organisation of the copfest – despite Sturgeon trying to get selfies with some of the leaders.
They want to keep the aspirational goal of 1.5C alive.
Can anybody strongman for me the argument that the 1.5C goal is even remotely possible given CAGW theory and the hoped for emissions reductions?
As far as I can tell, even if CAGW theory were true, the planned emission reductions would not avoid a 1.5C increase in temperature. There has to be a very large number of people in the ‘elites’ who realize that. Does that result in cognitive dissonance? How do they deal with that?
A week or 2 ago, Bill Gates said publicly that 1.5 is “unattainable”…
Bill, “Blue Screen of Death” Gates, Expert Virologist and Phaux Philanthropist. That Bill Gates?
There can’t be a single scientist that actually believes 1.5C is ok but 2.0C is an existential threat. They know better, but they can’t admit it. They know the Minoan, Roman and Medieval Warm periods happened and that current temperatures are not unprecedented. The fear mongering requires an imminent threat. The sole objective is a carbon tax to ensure funding to perpetuate the hoax. Everything else is theater.
Who would even notice the extra 1.5°C if it truly came? I hope it does, I’m in Canada!
COP26 was a great success.
They agreed to make these jolly parties annual. That’s a chance to dip into the expenses and shake the begging tray every single year.
The Climate industry had a big win in Glasgow
Of course they achieved nothing on CO2 on “the last chance for the planet” but that was never what this was all about, really.
By COP36 in 2030, the climate will be back to normal. Surely.
Instead of “phasing down” on coal, how about they “chill out” on coal?
A lot of people would ‘chill out’ rather permanently if they ever managed to stop coal mining
As usual Global Times exposes the dirty secret :
Dirty little secret’ Governments risk ‘trillions’ in fossil fuel climate litigation
https://www.globaltimes.cn/page/202111/1238905.shtml
Global Times also exposed India’s weakness :
GT Voice: Modi’s ambitious climate pledge incompatible with India’s starving population
https://www.globaltimes.cn/page/202111/1238059.shtml
The venom against Modi, Trump, Xi, and Putin has only one single gangrene poisonous source – the City of London which fears nothing more than these 4 working together to deal with that City’s utter and irredeemable bankruptcy.
See Edgar Poe’s famous City in the Sea :
More likely international socialist movements trying to help out their comrades in India. Modi’s success have overturned a lot of cosy arrangements.
Next time it will be phase transition then phase out for-a-price then phase mostly out then phase meta.
I’m definitely waiting eagerly for Meta to be phased out permanently
This is similar to Jen Psaki’s announcement that top economists agree that inflation will “decelerate” next year. Most reporters, even those on the Right used the headline that the admin suggested inflation would decrease.
Given that the current rate of inflation is the highest in 30 years that is not much of an accomplishment.
Fires are more likely to die down if you stop throwing gasoline on them…
Did it ever occur to these people that if civilization ever actually went to “Net Zero” GHG emissions (CO2, methane, water vapor, etc.) then what would be left of civilization would, well, Zero.
(I know. They use the word “net”. That means the elite can emit all they want but us peons have to reduce emissions enough to make up for theirs. But what would happen to civilization under such a system?)
I don’t think “phase down” is even proper English. That being the case they can make it mean almost anything they want.
They use “scale up” in the same sentence, so why choose “phase down” when they could have used “scaled down”, with much greater clarity of meaning?
Nick Stokes has been freelancing for India, you just have to define something that only you control what it means and then you can argue any stupidity.
If you look at the definition of phase, it is a term associated with cyclical motion. So a Phase Down should be followed by a Phase Up… strictly speaking.
Maybe it’s just a rebellious phase.
It’s intriguing that COP26 has had so much more fuss than Madrid or Katowice -is it because it’s in Glasgow UK? It simply isn’t going to be possible to have a COP27 in Egypt – the whole AGW scam is unravelling
That would be COPT 27 in Egypt.
We can only hope that the curse of Tutankhamun finally kicks in with overwhelming force.
Having watched Boris at his 5 p.m. briefing earlier, I don’t thing you are right on this. Annual COPs are now part of the process and will continue for ever. Countries have to turn up each year and account for themselves.
The first COP meeting was held in Berlin in 1995. They have been held every year since then except 2020 because of Covid
Prime Minister of India Narendra Modi saved the World from the Eco-Loons. China and India can continue to ‘phase out coal’ by burning it, and Australia can continue to ‘phase out coal’ by supplying India and China with more which they can phase out.
Exactly and the really funny part begins when Europe tries to pressure Australia 🙂
The whole EU free trade agreement Australia was seeking is worth $85B but it was $35B deficit to Australia. Coal trade is $50B a year and likely to go up given European coal will be out of the market. If Australia is forced to choose it’s obvious which they should.
The rears demonstrate the issues are not technical, not about science, but about a religious fervor, of the Green genuflecting before the new God, Gaia.
Can you imagine tears when discussing a military campaign that hasn’t yet won the war? Nah. Not about reality. About religion.
“COP26: World at one minute to midnight over climate change – Boris Johnson”
https://www.bbc.co.uk/news/uk-59114871
So COP27 in Sharm-el-Sheik will be 59 seconds to midnight?
And COP28 in the UAE will be 58 seconds to midnight?
So only 57 COPs left?
UAE ……. UEA? Hmmmm?
This is the 26th last chance, and I confidently predict that next year will also be the last chance.
And possibly the year following that will be a last chance.
I really wish that there was a bookmaker who would take that bet.
The COP president was visibly sobbing on stage. This is because 1.5 degrees has been lost and we are on the 2.4 degrees path. This is climate catastrophe, if we believe the models, so I don’t know why we are even carrying on. It’s game over for civilisation isn’t it?
Is “Phase Down” a witty Indian play on the material properties of coal in a furnace?
Greta sez COP 26 was a Big Cop Out….Al Gore sez his Algoreithim will help monitor any cheaters….I ask when windmills/solarpanels can be phased out?
India supplied me with Ivermectin and saved me from freezing to death the great white North. India is doing some very helpful things lately. Thank you.
Modi is the saviour of the day. I’d shout him a beer any day . .
Overlooked by so many, if Wind & Solar Power was actually cheaper than coal generated power, the developing countries would be building Wind & Solar rather than coal power plants
And why don’t the developed countries give the developing countries the $100 billion/yr promised in the Paris Climate Accord for new Wind & Solar?
Why don’t the developed countries give the developing countries the $100 billion/yr? Because it was always a scam – developed (rich) countries only agreed to pony up the dosh so that developing countries would buy green technologies with it from the same developed countries. The developing countries have suggested that they’d rather have the dosh to spend on stuff at home and not buy the technologies which wasn’t what the developed countries had signed on for – they thought they were getting the dosh back. So nobody really wants to give the money to countries that aren’t going to hand it straight back – it was always a scam.
Seems to me that most of these countries don’t really believe there is any sort of crisis
I guess they can read.
On to the next stop in the circus snd the last last LAST last chance.
Some years ago I listened to an interview with one of the canadian negotiators at Kyoto.
As they came down to the wire with nothing to show for it the organizers kept everyone up for two straight days until they got an agreement.
This negotiator laughed about how they were all in a daze and would have agreed to anything, once completed they went to the airport, fell onto the plane and slept for 14 hours.
If you do that to a terrorist it’s called sleep deprivation and is considered torture and a war crime.
This is how these people work.
Thank the sweet baby Jesus for Modi
I will let me my Gujarati business friends know to give him a figurative high 5
“It’s also vital we protect this package,” Sharma said.
That’s going to be one gigantic cup.
Boris has another bad day, week, month, year .
Probably threw millions at it expecting a result in his wifes mind .
The global warming extremists are saved by the coal phase down. They have known all along that 1.5C increase in temperature is a purely made up number and if the average global temperature did rise by 1.5C and the world didn’t end then even their most ardent followers would have questions. As it is they can now carry on as usual by moving the goal to 2C at the same time taking credit for saving the world. It is only by their efforts that we survived the 1.5C increase and with more financial support they can keep us from a 2C increase and certain annihilation. They make me sick.
I have suggested before that we skeptics need to run the numbers and show what the realistic effect of increasing CO2 has on earth’s average global temperature. It damn sure isn’t the number the extremists are using in their models.
My son is a builder in Australia, on the weekend he told me that in wealthier high value real estate suburbs many clients are prepared to pay thousands of dollars premium for carbon credits so that they can brag that their new home renovation/extension is carbon neutral.
I add, “Carbon (C)” neutral?
It boggles the mind that people smart enough to get wealthy (lawyers, doctors, entrepreneurs, etc) are stupid enough to deal out real money for carbon credits that will pretend to reduce CO2.
The Conference of Parties and their associated gleeclubbers are pleased to announce the arrival of the next last best chance at Platform Egypt in 12 months’ time. This is a through train to the next last best chance at COP 28. In fact, this train has no terminus as the passengers thoroughly enjoy having a good old jaunt once a year at taxpayers’ expense.
Modi is the champion for his country . .
EXCERPT from:
WIND AND SOLAR TO PROVIDE 30 PERCENT OF NEW ENGLAND ELECTRICITY CONSUMPTION BY 2050
https://www.windtaskforce.org/profiles/blogs/wind-and-solar-provide-50-percent-of-future-new-england
China, India, etc., to Continue High Levels of Coal Burning
Each year, China burns about 4 BILLION metric ton of coal, more than the rest of the world combined. China is planning to build 43 new coal-fired power plants and 18 new blast furnaces. Do you really believe that China can afford to stop burning coal? Do you think they want to? Of course not.
Chinese reliance on coal is increasing, and it is expanding its mines to produce an additional 220 million Mt of coal in 2021, up almost six percent from 2020.
The Chinese and the Indians are not going to throw away their economic progress on the altar of global warming. The Indians made it perfectly clear at the beginning of the Glasgow COP26, the developed nations should de-industrialize first, before asking developing countries to follow suit.
India: India declared it would not sign the statement of COP26 goals regarding coal burning. Instead of reading “close down coal by 2030”, India insisted on “phase down unabated coal”. Unabated refers to the common practice of Indian households, etc., cooking over open fires with coal, a major source of local air pollution. It would be phased down (no time limit was stated).
All this means, the burning of coal in power plants, with air pollution abatement systems, would be unaffected (no time limit was stated). The major coal burning countries, such as China, India, Australia, Brazil, the US, etc., would continue to burn coal in power plants.
https://www.windtaskforce.org/profiles/blogs/cop26-caves-on-coal-phase-down-rather-than-phase-out
China: Despite various RE boosters, such as financial adviser Bloomberg, bragging about China’s wind and solar efforts, the reality is, almost 80% of China’s electricity growth is from fossil fuels, almost entirely coal.
Because China is so big, that fossil growth is worsening its own air pollution, plus the air pollution around the world; the soot falls on snow/ice-covered areas; melting of snow/ice is much quicker.
In one year, China added 460.2 TWh of fossil electricity, which is 3.9 times the annual electricity supply of NE, or 76.7 times the annual electricity supply of Vermont.
From third qtr. 2020, to third qtr. 2021:
Total electricity production growth was 586.9 TWh, up 10.7%, of which 460.2 TWh, or 78.4%, was from fossil fuels, mostly coal.
Wind growth was 89 TWh, up 28.4%, from a low base
Solar growth was 12.6 TWh, up 10.2%, from a low base.
Nuclear growth was 33.2 TWh, up 12.3%, from a low base
https://wattsupwiththat.com/2021/11/03/china-still-burning-more-more-coal/
https://chinaenergyportal.org/en/2021-q3-electricity-other-energy-statistics/
China plans to build 200,000 MW of near-zero-CO2 nuclear plants; about 150 units, each 2,350 MW, at about 75 sites, at a cost of $440 billion, by 2035
Amortizing the capital cost at 3.5%/y over 60 years would be ($17,556,485,920/y) / (200,000 MW x 8,766 h/y x 0.90, CF) = $0.01113/kWh, about one third the cost of EU and US nuclear plants.
https://www.zerohedge.com/markets/uranium-stocks-soar-market-discovers-chinas-plans-150-nuclear-reactors
https://www.myamortizationchart.com