Lord Stoddart of Swindon – 2015 Parliamentary Question to the Department for Energy and Climate Change
The below Parliamentary question was asked by Lord Stoddart of Swindon on 2015-12-07.
To ask Her Majesty’s Government what assessment they have made of the number of coal-fired power stations under construction worldwide, the number that are planned for the future, and what effect those new stations will have on the total tonnage of carbon dioxide in the atmosphere.
Lord Bourne of Aberystwyth
The IEA estimate that global coal electricity capacity will be around 8-17% higher in 2020 than 2013, with some growth even under the IEA’s estimate of a 2°C scenario.
We know that limiting the global growth in unabated coal use is necessary to tackle climate change. The UK Government announced at COP19, in Warsaw in 2013, its plans to end support for public financing of new coal-fired power plants overseas, except in rare circumstances. In order to limit global warming to less than 2 degrees, globally we need to rapidly move away from unabated coal power generation.
We have negotiated a new policy in November 2015 on how OECD export credit agencies can contribute to our goal to address climate change. The new policy places significant restrictions on the financing of coal-fired power plants by OECD export credit agencies. Support for the larger less-efficient coal-fired power plants is removed, and will encourage a move away from low-efficient towards high-efficient coal-fired power plants. Over two-thirds of the coal-fired power projects receiving official export credit support from Participants between 2003 and 2013 would not have been eligible for such support under the new rules. The new rules will take effect from 1 January 2017, and are subject to a mandatory review starting in 2019, with the goal of strengthening them.
My rt. hon. Friend the Secretary of State recently announced that we will consult next year on an end date for coal of 2025 and limiting its use by 2023.
