Davos’ International Energy Agency Urgently Fears Coal Resurgence after FLOP26

The International Energy Agency (IAE) issued a press release at the end of December: “Coal power’s sharp rebound is taking it to a new record in 2021, threatening net zero goals.” The release warns FLOP26 goals are being collapsed. “`Coal is the single largest source of global carbon emissions, and this year’s historically high level of coal power generation is a worrying sign of how far off track the world is in its efforts to put emissions into decline towards net zero,’ said IEA Executive Director Fatih Birol.”