Coal-fired power station in Hanover, Germany. Photo: plus49/Construction Photography/Avalon/Getty Images

The International Energy Agency (IEA) will analyze the climate change and economic costs of the world’s coal plants in its 2019 world energy outlook, set for release in November, the agency's top official told Axios in a recent interview.

Why it matters: "There is an important problem here," said IEA Executive Director Fatih Birol. "The existing infrastructure provides a lifeline to people in developing countries, but at the same time, it’s the single most important driver of global carbon dioxide emissions."

By the numbers:

  • Today’s coal plants emit more than 10 gigatons of carbon dioxide, which amounts to 1/3 of all energy-related CO2 emissions, Birol said.
  • Coal plants in Europe and the United States are around 40 years old, but ones in Asia are far newer — closer to 11 years old — and still produce profits for the companies that operate them.
  • Those plants in particular are what Birol calls a “blind spot” in our climate and energy debate, given they are likely to be emitting for decades longer.

The big picture: IEA’s analysis will include a detailed, plant-level analysis of all the world’s coal plants, looking at what their "continued operation would mean for global emissions, energy security and costs,” an IEA spokesman said. IEA is an intergovernmental organization funded partly by its 30 member countries.

Go deeper: Why climate change is so hard to tackle

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Coronavirus dashboard

Illustration: Aïda Amer/Axios

  1. Global: Total confirmed cases as of 9 p.m. ET: 20,755,406 — Total deaths: 752,225— Total recoveries: 12,917,934Map.
  2. U.S.: Total confirmed cases as of 9 p.m. ET: 5,246,760 — Total deaths: 167,052 — Total recoveries: 1,774,648 — Total tests: 64,831,306Map.
  3. Politics: House Democrats to investigate scientist leading "Operation Warp Speed" vaccine projectMcConnell announces Senate will not hold votes until Sept. 8 unless stimulus deal is reached.
  4. 2020: Biden calls for 3-month national mask mandateBiden and Harris to receive coronavirus briefings 4 times a week.
  5. States: Georgia Gov. Brian Kemp to drop lawsuit over Atlanta's mask mandate.
  6. Business: Why the CARES Act makes 2020 the best year for companies to lose money.
  7. Public health: Fauci's guidance on pre-vaccine coronavirus treatments Cases are falling, but don't get too comfortable.

Trump says he intends to give RNC speech on White House lawn

President Trump speaking to reporters on South Lawn in July. Photo: Jabin Botsford/The Washington Post via Getty Images

President Trump told the New York Post on Thursday that he plans to deliver his Republican National Convention speech from the White House lawn, despite bipartisan criticism of the optics and legality of the location.

Why it matters: Previous presidents avoided blurring staged campaign-style events — like party conventions — with official business of governing on the White House premises, per Politico.

Fauci's guidance on pre-vaccine coronavirus treatments

Illustration: Aïda Amer/Axios

Antibody drugs and various medicine cocktails against the coronavirus are progressing and may provide some relief before vaccines.

The big picture: Everyone wants to know how and when they can return to "normal" life, as vaccines are not expected to be ready for most Americans for at least a year. Two therapies are known to be helpful, and more could be announced by late September, NIAID Director Anthony Fauci tells Axios.