As Asia’s energy comes from coal rather than renewable energy, it's high time for this issue to be overlooked
FREMONT, CA: Asia consumes about half of the world's energy and will require even more in the future as more people join the middle class, they will consume more. Today, Asia's energy comes from coal rather than renewable energy, an issue to be overlooked. According to the Paris Agreement, coal-powered countries must reach a peak in 2020, then rapidly reduce to 80% below 2010 levels by 2030, before being phased out by 2040. Today, 27 nations in Asia and the Pacific account for 76 percent of worldwide coal power capacity. The region has 94 percent of the global pipeline of new coal plants, indicating that it expects to utilize coal more in the future. So the phase-out process is not anticipated to be complete even by 2060. So to meet sustainable demand in the future, it is essential to focus on renewable energy production.
More than 60 percent of the world's coal deposits are found in Asia, and many countries rely on coal export revenue. Large coal importers such as China, Japan, South Korea, and India rely on countries like Bangladesh, Indonesia, Pakistan, and Vietnam to supply coal. To overcome this situation, Asia's shift to sustainable energy must be commercially beneficial rather than ideologically motivated. This transition can offer the Asian countries more job opportunities, lessen Asia's reliance on imported fossil fuels, reduce pollution, and provide power to the many Asians currently without access to the grid.
By 2060, China plans to be carbon-neutral. Massive investments in wind and solar are being undertaken, with incentives and regulatory requirements. India aims to attain net-zero by 2070, 20 years later than the global goal, but India has many more pressing issues, such as poverty, healthcare, and education. Japan aspires to be carbon neutral by 2050, with renewable energy accounting for at least 36 percent of total power generation by 2030. Indonesia has vowed to phase out coal by 2040, but it still has a long way to go because it is heavily reliant on fossil fuels. In conclusion, Asia has begun the shift, but the carbon-neutral aim of 2050 appears to be overly optimistic.