“Prepare for lack of electricity” in 2022 says Foxconn founder

Newcastle Coal Futures, 5 December 2008 - 23 December 2021. In December 2021, Newcastle Coal Futures rose to $169 per metric ton, the highest price since the $222 peak on 29 October 2021, pressured by a surge in China’s thermal coal futures as supply is expected to tighten. In 2021, the Chinese government has intensified a crackdown on illegal mining in the country's top coal producing region Shanxi after a round of inspections at the region's miners and found at least 14 coal mines producing beyond their authorized capacity. Meanwhile, the National Development and Reform Commission, China’s top economic planner, released a plan to raise annual thermal coal prices for 2022 to CNY 700 per ton from 2017's CNY 535 per ton, well above an informal ceiling of CNY 600. Earlier in 2021, China introduced power curbs especially for energy-intensive businesses and restrictions on coal imports, aiming to reach its climate targets but such curbs led to a serious power crunch. Graphic: Trading Economics

December 23, 2021

“Prepare for lack of electricity” in 2022 says Foxconn founder

By Elles Houweling 20 December 2021 (Verdict) – The founder and director of Foxconn, the world’s largest contract manufacturer of electronics, Terry Gou, has said that “there will be a shortage of electricity in the next year.” Gou added that “people should not complain about the future lack of electricity.” Instead, they should “prepare”. Hon Hai Precision […]

Map showing the near-surface air temperature differences from the 1981-2010 average for January to September 2021. Data are from the ERA5 reanalysis product. Graphic: C3S / ECMWF

December 12, 2021

State of the Climate in 2021: Past seven years are on track to be the seven warmest on record – “Extreme events are the new norm”

GENEVA, 31 October 2021 (WMO) – Record atmospheric greenhouse gas concentrations and associated accumulated heat have propelled the planet into uncharted territory, with far-reaching repercussions for current and future generations, according to the World Meteorological Organization (WMO). The past seven years are on track to be the seven warmest on record, according to the provisional WMO […]

Average annual global wealth growth rate, 1995-2021. Graph: World Inequality Lab

December 12, 2021

Global wealth inequalities are close to early 20th century levels, at the peak of Western imperialism – “The share of income presently captured by the poorest half of the world’s people is about half what it was in 1820”

8 December 2021 (World Inequality Lab) – […] An average adult individual earns PPP €16,700 (PPP USD23,380) per year in 2021, and the average adult owns €72,900 (USD102,600). These averages mask wide disparities both between and within countries. The richest 10% of the global population currently takes 52% of global income, whereas the poorest half […]

Global carbon dioxide emissions from fossil fuels, 1959-2021. Global CO2 emissions bounced back after COVID-19 restrictions and reached pre-pandemic levels in 2021. Graph: Global Carbon Project

December 12, 2021

Global carbon emissions rebound to pre-pandemic levels after unprecedented drop in 2020 – “The fast recovery in CO2 emissions, following last year’s sharp drop, should come as no surprise”

By Pep Canadell, Corinne Le Quéré, Glen Peters, Pierre Friedlingstein, Robbie Andrew, and Rob Jackson 3 November 2021 (The Conversation) – Global carbon dioxide emissions have bounced back after COVID-19 restrictions and are likely to reach close to pre-pandemic levels this year, our analysis released today has found. The troubling finding comes as the COP26 climate talks […]

Projected coal demand in the Stated Policies Scenario in the World Energy Outlooks 2021, 2020, and 2016. The International Energy Agency’s flagship outlook in October 2021 projected that under nations’ existing policies, global demand doesn’t begin falling again for several years. Then it declines but in 2050 is still at 70 percent of today’s levels. The IEA’s roadmap for reaching net-zero global emissions by 2050 requires a 55 percent decline by 2030. Graphic: IEA

November 17, 2021

After COP26: The long road to phasing down coal – “It is hard to shut down coal facilities because few countries have sufficient spare capacity in their electricity systems to be able to do so”

By Ben Geman 16 November 2021 (Axios) – Let’s leave to history to see whether the COP26 deal to “phase down” coal instead of “phase out” makes any real-world difference, but what’s clear is that any meaningful “phasing” at all is hard. Why it matters: Coal is the most carbon-intensive fuel. Any pathway to meeting the Paris Agreement […]

Map showing the 12 worst countries in the Global Impunity Index 2021. CPJ’s Global Impunity Index spotlights countries where journalists are murdered and their killers go free. Editor’s note: This map reflects that CPJ holds Russian authorities responsible for press freedom violations in Ukraine’s Crimea. Russia’s 2014 annexation of Crimea led to de facto control of its media sphere, with Russian authorities jailing independent journalists, closing down media outlets and forcing critical journalists to flee. Graphic: CPJ

November 7, 2021

CPJ’s Global Impunity Index 2021: Killers of journalists still get away with murder – No one held to account in 81 percent of journalist murders during the last 10 years

By Jennifer Dunham 28 October 2021 (CPJ) – Somalia remains the world’s worst country for unsolved killings of journalists, according to CPJ’s annual Global Impunity Index, which spotlights countries where members of the press are singled out for murder and the perpetrators go free. The index showed little change from a year earlier, with Syria, […]

Aerial view of JERA's Hekinan thermal coal power station in Hekinan, central Japan on 18 October 2021. Picture taken October 18, 2021. Photo: Yuka Obayashi / REUTERS

November 6, 2021

COP26 aims to banish coal. Asia is building hundreds of power plants to burn it – “You can have the cake of coal and an icing of solar”

By Sudarshan Varadhan and Aaron Sheldrick31 October 2021 UDANGUDI, India/TOKYO (Reuters) – On the coastline near India’s southern tip, workers toil on a pier carrying a conveyor belt that cuts a mile into the Indian Ocean where the azure waters are deep enough for ships to berth and unload huge cargoes of coal. The belt […]

Map showing Gallup’s World Negative Experience Index in 2020. Iraq continued to lead the world in negative experiences. Graphic: Gallup

October 2, 2021

2020 set records for negative emotions, continuing world’s decade-long downward trajectory – Stress index jumped five percent after record highs in 2019

By Julie Ray 20 July 2021 WASHINGTON, D.C. (Gallup) – Nobody was alone in feeling more sad, angry, worried or stressed last year. Gallup’s latest Negative Experience Index, which annually tracks these experiences worldwide in more than 100 countries and areas, shows that collectively, the world was feeling the worst it had in 15 years. The […]

Satellite view of the Chinese fishing fleet crossing the Pacific ocean to the coast of Peru, June - September 2021. Data: NASA. Video: AP News

September 27, 2021

Great Wall of Lights: China’s sea power on Darwin’s doorstep – “It really is like the Wild West. Nobody is responsible for enforcement out there.”

By Joshua Goodman 24 September 2021 ABOARD THE OCEAN WARRIOR in the eastern Pacific Ocean (AP) – It’s 3 a.m., and after five days plying through the high seas, the Ocean Warrior is surrounded by an atoll of blazing lights that overtakes the nighttime sky. “Welcome to the party!” says third officer Filippo Marini as […]

South African environmental activist Fikile Ntshangase was assassinated by four gunmen in her own home on 22 October 2020. “Mama” Ntshangase was a leading member of the Mfolozi Community Environmental Justice Organisation, which is taking legal action against the proposed expansion of an open-cast coal mine operated by Tendele Coal near Somkhele, situated near Hluhluwe–Imfolozi park, the oldest nature reserve in Africa. Photo: Rob Symons / All Rise

September 13, 2021

Record number of environmental activists murdered in 2020 – “Fighting the climate crisis carries an unbearably heavy burden for some, who risk their lives to save the forests, rivers, and biospheres”

By Claire Marshall 13 September 2021 (BBC) – A record number of activists working to protect the environment and land rights were murdered last year, according to a report by a campaign group. 227 people were killed around the world in 2020, the highest number recorded for a second consecutive year, the report from Global […]

Desdemona Despair

Category: Asia