China has more than 1 bln tons/year of new coal mines in pipeline, report says
10 Sep 2024
BEIJING, Sept 10
(Reuters) - China accounts for more than half of the world's pipeline of new
coal mines, risking a significant increase in methane emissions, a new study
published on Tuesday showed.
China is developing
enough new mines to produce 1.28 billion metric tons of coal each year, said
the report by U.S.-based Global Energy Monitor (GEM) which included large mines
with at least 1 million tons of annual capacity as of April.
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It said 35% of that
capacity is already under construction, meaning a surge in production is
expected in three to five years.
"Expanding coal
production capacity is currently a national policy priority and a political
task. State-owned enterprises, which dominate the sector, are often mandated to
fulfil this objective," said GEM project manager Dorothy Mei.
China's system of
long-term contracts guarantees the profitability of coal companies, Mei added.
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China's existing
mines have made it responsible for 70% of global coal mine methane emissions
from similar sized large mines, and if all the proposed projects are completed,
this would rise to 75%, the report said.
"The surge in
new production starkly contrasts with China's dual carbon neutrality
targets," it said.
Methane
emissions come from activities such as energy production,
agriculture, and landfill and are short-lived in the atmosphere but much more
potent than carbon dioxide as a greenhouse gas. They have driven about a third
of the rise in global temperatures since the Industrial Revolution.