3 May, 2018

Paris Tango. Climate action so far in 2018: individual countries step forward, others backward, risking stranded coal assets

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Climate Action Tracker
Antofogasta solar. Record low renewable energy costs paved the way to a coal phase out plan in Chile

The Climate Action Tracker has updated assessments of 23 of the 32 countries whose development on climate action it tracks.

While some progress has been made since November, most governments’ policies are still not on track towards meeting their Paris Agreement commitments, many of which are in themselves far from sufficient to keep warming to the agreed 1.5˚C warming limit. The Climate Action Tracker’s assessments point to an urgent need for governments to scale up both their policies and targets to bring them more in line with a pathway to limiting warming to 1.5˚C.

Summary of progress across countries

Renewable energy from wind and solar is still developing so fast that the CAT had to revise its projections for emissions in 2030 downwards for the USA (despite the Administration’s efforts in the opposite direction) and for Chile (where record low costs for RE paved the way to the adoption of a plan to phase out coal). Argentina presented new energy scenarios that, if implemented, would result in significantly lower emissions.

There are also some standout new policies that have been announced, but not yet implemented (nor quantified by CAT). An example is New Zealand’s new government, which has announced it will be at net zero carbon by 2050 and will introduce a Zero Carbon Act.

An increasing number of countries are turning away from coal, with a new “Powering Past Coal Alliance” of more than 20 countries aiming at phasing out its use. One of its members, the UK, has decreased the share of coal in electricity generation from around 40% to 7% in 3 years. Germany, Europe’s leading coal user, has just initiated a process to work out a phase out deadline.

Outside the realm of national policies, international shipping acknowledged for the first time the need to phase out GHG emissions completely and has set the target to reduce its emissions by at least 50% by 2050 compared to 2008.

In contrast, there is still a disappointing theme of some governments not willing or able to give up coal (yet):

  • Governments that continue with thermal coal expansion: Japan, Indonesia, and Turkey, for example, are still proceeding with coal plant construction plans that will continue to drive up emissions and risk significant stranded assets. Although China is stopping coal plant construction in some provinces due to overcapacities, coal continues to account for about twothirds of electricity generation, and additional plants have been permitted. Total coal use in China rose again last year after a decline since 2013. Within the EU, Poland, this year’s host of the climate conference, continues to rely heavily on coal and is alone in the EU planning expansion.
  • Governments that have decided to phase-out coal, but need further steps for implementation: South Korea has announced its intention to shut down several old coal plants earlier than scheduled and to reconsider the new plants seeking permits or under construction, but has not yet been able to fully implement these aspirations. Other countries, for example Chile and Germany have taken a first step and decided to start a process to determine phase-out schedules. In both countries almost half of the electricity today is generated by coal.
  • Governments still focussed on a coal-fired future, while the reality on the ground is renewables: continued coal use appears to be still firmly in the sights of the USA and Australian governments, despite clear signs from on the ground that renewable energy is taking over due to cost-competitiveness—and is highly likely to continue doing so.

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