Coal Doesn’t Become ‘Doomsday’, India & China Saviour!

Jakarta, CNBC Indonesia – The COP26 Climate Summit has just been completed in Glasgow Scotland, Saturday (13/10/2021). A total of 200 countries reached an agreement to end the use of fossil fuels in the future.

The countries present agreed that the burning of fossil fuels was the cause of the climate crisis. This is also contained in a written agreement.

The agreement also aims for coal to be “apocalyptic”. Initially, it was agreed to periodically “eliminate” coal power plants (PLTU).

But India, backed by China, appeared in the closing minutes of the conference and rejected the word “removal”. The countries lobbied until the phrase changed to “reduce gradually”.

India petitioned the summit and insisted countries should be asked to “reduce” not “eliminate” coal. This relates to social, political, and economic characteristics that differ greatly in each country.

Developing countries still need coal. India, for example, relies heavily on coal and uses 70% of fossil energy for domestic energy production.

Not only that, four million people are currently also working in the industry. Despite being the world’s 6th largest economy, it is still considered a developing country and is unable to completely disengage from coal.

“How can one expect that developing countries make promises to phase out coal and fossil fuel subsidies?” asked India’s Environment Minister, Bhupender Yadav at the COP26 summit

“Developing countries still have to deal with their poverty alleviation agenda.”

With the lobbying from India, countries are only obliged to reduce consumption but not eliminate it altogether. Backed by China, 197 countries finally agreed to “reductions” instead of “eliminations”.

The COP26 climate summit was held to maintain the earth’s temperature at 1.5 degrees Celsius. It draws on the 2015 Paris Agreement to almost halve greenhouse gas emissions in the next eight years and achieve net zero emissions by 2050.

[Gambas:Video CNBC]

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