WCA response to IEA Report
(Posted on 08/04/19)
The International Energy Agency (IEA) released its annual Global Energy & CO2 Status Report assessing global energy consumption and related-emission trends for 2018.
The World Coal Association in a statement said:
- Our position on the climate and energy has always been clear – we support a balanced approach that integrates climate and energy policy that works towards a low emission future.
- It is essential that the fossil fuel industry works together to drive widespread deployment of low emission technologies - which exist and are commercially available today.
- As the largest source of electricity generation, coal will continue to be a critical enabler of development. For many countries, particularly in South and Southeast Asia, it underpins economic development.
- According to the IEA and other independent forecasters, coal and other fossil fuels will remain a major source of power generation into the future - still making up 75% of the global energy mix in 2040.
- To ensure that governments and communities which have identified coal as a key source of energy deliver reliability, affordability and security for their people, we must respect and support them in their choice and fund low emissions technologies, including HELE and carbon capture use and storage (CCUS).
- Our role as a global community is to support the Paris goals which requires a sensible and sustainable approach where governments and investors are working towards creating a sustainable low emission future.
Latest News
Resilient financial results as Rio Tinto grows and diversifies
(Posted on 30/07/25)Rio Tinto has announced a 6% production year-on-year uplift, thereby delivering on strategy through... Read more
K-SURE and Trafigura $200m financing agreement to support Korean shipping
(Posted on 30/07/25)The Korea Trade Insurance Corporation (K-SURE) and Trafigura, a global leader in the commodities industry... Read more
BHP record copper and iron ore production drives strong 2025 performance
(Posted on 21/07/25)BHP have released their Operational Review for the year ended 30 June 2025.BHP Chief Executive Officer... Read more
Dynamic Mining shipping arm and GeoServe’s one-year milestone
(Posted on 15/07/25)A strategic collaboration between Icon Gulf Trading DMCC (part of the Dynamic Group) and GeoServe Energy... Read more
SSAB and Metal Solutions start partnership in fossil-free steel
(Posted on 15/07/25)SSAB and Metal Solutions have entered a long-term partnership for the supply of decarbonized steel with... Read more
NGFA thanks lawmakers for including industry priorities in ‘One Big Beautiful Bill’
(Posted on 08/07/25)The National Grain and Feed Association (NGFA) in the USA has applauded Congress for including a slate... Read more
Fertilizers Europe: Commission announcement on CBAM falls short
(Posted on 08/07/25)Fertilizers Europe’s have released their reaction to the European Commission announcement on the... Read more
Bunge completes sale of its North America corn milling business
(Posted on 02/07/25)Bunge Global SA has confirmed that it has completed the previously announced sale of its North America... Read more
SSAB secures additional EUR 430 million green financing for Luleå
(Posted on 02/07/25)Following the successful debt raising at the end of April 2025, SSAB has secured an additional EUR 430... Read more
Soaring demand opens up investment opportunities across West Africa
(Posted on 25/06/25)Despite China’s dominant position in securing commodities across Africa, there are still many... Read more
