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Expand chart
Recreated from E3G; Chart: Axios Visuals

The number of new coal-fired power projects on the drawing boards globally has shrunk significantly amid a wave of cancellations in recent years, per the climate think tank E3G.

Driving the news: Planned projects have fallen by 76% since late 2015 when the Paris Agreement was struck as governments have endorsed new restrictions, the firm's new report states.

Why it matters: There's no pathway to meeting the Paris targets of limiting warming to 1.5°C — or at least below 2°C — without aggressive moves away from coal.

  • However, the IEA, in a July report, estimated that total global coal-fired generation is rebounding this year and may hit a record in 2022.

Yes, but: The E3G report says the shrinking project pipeline is "bringing the end of new coal power construction into sight."

  • But coal's hardly on a path consistent with steep emissions cuts needed to avoid letting the Paris goals slip completely out of reach.
  • A number of countries are still planning new projects that risk "locking in high emissions for several decades," E3G said.

By the numbers: China's pipeline has shrunk a lot, but it's still building a significant amount.

  • It accounts for 53% of the world's coal-fired capacity under construction and 55% of the pre-construction pipeline.
  • Add India, Vietnam, Indonesia, Turkey, and Bangladesh, and those nations along with China account for over 80% of the remaining pipeline.
  • Plans for new plants in the OECD and E.U. have "collapsed" since 2015 and existing coal generation is declining, with "with 56% of operating capacity either closed already since 2010 or scheduled to close by 2030."

Go deeper

Nov 16, 2021 - World

German regulator pauses certification of Nord Stream 2 pipeline

View of pipe systems and shut-off devices at the gas receiving station of the Nord Stream 2 Baltic Sea pipeline in Lubmin, Germany, on Nov. 16. Photo: Stefan Sauer/picture alliance via Getty Images

Germany's network regulator said Tuesday that it paused its certification of the Nord Stream 2 pipeline due to an issue with the company's license under German law, the Associated Press reports.

Why it matters: The pause throws a wrench in the approval process of the already contentious pipeline — which would transport Russian gas to Europe under the Baltic Sea — and caused regional gas prices to rise.

Updated 11 mins ago - Politics & Policy

Omicron dashboard

Illustration: Aïda Amer/Axios

  1. Health: Omicron fuels the case for COVID boosters — Omicron variant lifts Moderna's stock price — CDC strengthens COVID booster recommendation.
  2. Politics: Biden says fight against Omicron won't include "shutdowns or lockdowns."
  3. States: Federal court blocks Biden's vaccine mandate for health workers in 10 states — NYC urges masks indoors "at all times" regardless of vaccination status — New York declares state of emergency amid concerns over Omicron.
  4. World: Omicron adds urgency to vaccinating worldWHO warns against travel bans on southern African countries — First North American Omicron cases identified in Canada.
  5. Variant tracker: Where different strains are spreading.
Kendall Baker, author of Sports
Updated 20 mins ago - Sports

College football gone mad

Former Notre Dame coach Brian Kelly walks in front of his players. Photo: David Madison/Getty Images

In the span of two days, the head coaches of two of the biggest college football programs in America have jumped ship, wooed by even greater challenges — and the almighty dollar.

Driving the news: Lincoln Riley is ditching Oklahoma for USC in a deal reportedly worth $110 million. LSU poached Brian Kelly from Notre Dame with a reported 10-year, $100 million contract.