TradeBriefs Editorial

From the Editor's Desk

Almost All of The World's Coal Is Now 'Unextractable', Scientists Warn

The vast majority of the world's fossil fuels are effectively "unextractable" and must remain in the ground if we want even half a chance at meeting our climate goals, according to a new study.

For nations like Indonesia and Australia, the world's leading exporters in coal, that will require abandoning 95 percent of their natural deposits come 2050, researchers at University College London have calculated.

In that same time frame, Middle Eastern nations will have to leave all their coal reserves in the ground and the United States will have to leave 97 percent of its stores untouched.

These are the regions that truly have their work cut out for them, but this is, of course, a team effort.

Across the world, nearly 90 percent of all coal reserves will need to stay in the ground over the next three decades, including 76 percent in China and India. Any more removal than that and this combustible black rock could easily push global warming over the 1.5 degree Celsius goal, scientists warn.

Continued here

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