Insights

Otto Nichols and Orrin Cook Otto Nichols and Orrin Cook

Carbon Emissions from Electricity Consumption in Asia

Where should corporations focus their renewable energy procurement if they are concerned about carbon emissions?

China and India are the two most populous countries in the world, with developing economies that require increasing energy generation to keep up with demand.  The problem? Both markets have the highest carbon intensity of electricity grids in the region and are projected to continue adding new coal capacity in the coming years.   In fact, according to the World Economic Forum, coal consumption in China, India and other Asian nations account for approximately 75% of global coal demand. As the EU and US accelerate away from coal, their behavior will have less of an impact on the global coal industry’s future. Without significant changes, however, Asia’s coal consumption growth could have serious implications for the planet.

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