A growing number of countries want to phase out coal entirely,a transition eased by cheap natural gas and the plunging cost of wind and solar power.That is good news.Coal has been the largest engine of climate change to date, accounting for nearly a third of the rise in average temperatures since the Industrial Revolution.Any pressure on it therefore counts as progress. Asia accounts for 75% of the world’s coal demand.The Chinese government has taken steps to limit pollution and support renewables. Yet coal consumption there rose in 2018, as it did the year before.In India coal demand grew by 9% last year. In Vietnam it swelled by almost a quarte.To keep the rise in global temperatures to no more than 1.5℃ relative to preindustrial times,climatologists insist that almost all coal plants must shut by 2050, which means starting to act now-today,s trends would keep the last coal plant open until 2079, estimates UBS, a bank. Asia’s coalfired power regiment has a sprightly average age of 15, compared with a creaky 40 years in America,close to retirement. There are several re8sons for this, but one stands out: government support. In India state-owned companies invest more than $6bn in coal mining and coal-fired power each year; state-backed banks provide some $10.6bn in financing. Indonesia doles out more than $2bn annually for consumption of coal fired power. China supports coal not just at home but abroad, supplying about $9.5bn a year in foreign funding. Japan and South Korea finance coal projects outside their borders,too. Government support is hardly surprising.State-backed coal firms make money and create jobs.Wind turbines and solar panels provide power only intermittently;for now,dirtier power plants are needed as back up.Gas is pummelling coal in America,but remains a bit-player in India and much of South.East Asia,since it has to be imported and is relatively expensive. Nevertheless. governments betting on coal face three big risks. One is environmental. Emissions from coal plants that are already built-let alone new ones-will ensure that the world exceeds the level of carbon-dioxide emissions likely to push global temperatures up by more than 1℃. There is an economic risk,too.Public-sector zeal for coal is matched only by private-sector distaste.Banks including Asian ones,have increasingly said they will stop funding new coal plants.Wind and solar farms make coal look increasingly expensive. A study has found that private banks provided three.quarters of loans to Indian renewables projects last year;state-backed banks doled out two thirds of those for coal. And then there is politics.Voters do not like breathing soot.More of them are concerned about climate change,too,as they face unpredictable growing seasons,floods and droughts.
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单选题____our English teacher, our English has been greatly improved.
单选题Dr. Marsha Herbert's illustrations were clear enough to make her presentation ___understandable.
单选题The other ______ is a special online edition that includes additional sports, lifestyle, and real estate pages.
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单选题The meteorological agency recommended that tourists to the region be ___for frigidconditions.
单选题When their first test failed, the engineers at OKM Corporation agreed it was ___to try using different materials.
单选题In the past three years, our marketing manager to Europe, Australia, Brazil and Thailand.
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单选题Alanis bought renter's insurance to her personal belongings while living in an apartment.
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单选题Finally, we are switching to a new coupon-based system, we will be discontinuing the use of customer reward cards. Reassure customers that they can redeem points until the end of the year. Explain t
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单选题The Healthcare community was shocked Ricardo Peter's resignation after only one year as president of Healthcorps.
单选题Most shareholders still fail both the immediate impacts and future implications of corporatemergers and takeover bids.
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单选题This hypothesis states that environments that are too clean may actually make the __ system develop oversensitive responses.
