Coal trends signal deep shifts in China's economy

Subject Trends in China's coal use. Significance The last two years have seen a decline in China's domestic coal production and consumption, and a sharp reduction in coal imports. The country's coal sector has reached a turning point. Impacts Coal exporters such as Indonesia and Australia will suffer as China's demand for imported coal weakens. In large part due to China, global coal demand will probably flatline or fall slightly over the next five years. During the same period, global coal prices will remain under pressure, despite rapidly rising demand from India and Indonesia. New data imply China's CO2 emissions are higher than previously thought, making it more urgent to reduce coal use to combat climate change.

Subject West Africa cocoa prospects. Significance Global cocoa markets are expected to remain oversupplied during the 2017/18 planting season, with Ivory Coast and Ghana -- which together account for 60% of world supplies -- expected to produce 1.9 million tonnes and 850,000 tonnes respectively. Thereafter, the slump in prices could deter investments in plantations, particularly in Ivory Coast where the farm gate price has been slashed. This could could sow the seeds of a new boom cycle -- especially if it compounds longer-term supply bottlenecks that have resulted from underinvestment in rehabilitating ageing and diseased tree stocks. Impacts Deforestation from cocoa farming will come under increased scrutiny as a result of international goals to combat climate change. Health trends in Western markets could reduce structural appetite for cocoa products amid flagging demand in emerging markets. Farmers are likely to switch to other crops like rubber and palm oil if prices fail to recover quickly.


2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Prabal Barua ◽  
Syed Hafizur Rahman ◽  
Maitri Barua

PurposeThis paper is designed to assess the sustainable value chain approaches for marketing channel development opportunities for agricultural products in coastal Bangladesh to combat climate change through an approach of community-based adaptation options.Design/methodology/approachThe study was designed to select the potential value chain candidate and to analyze and establish a value chain map to benefit the crop farmers. In this connection, the resources of the whole context were evaluated. The approach uses few tools to generate three outputs, the last of which are the final list of value chains selected for in-depth assessment to design interventions as community-based adaptation practices of the study to combat climate change in the study areas.FindingsThe study demonstrated that the difference in the institutional circumstances of the end markets of the agriculture products is connected to the different categories of harmonization and control of the facilitating environment throughout the supply chains. National and local networks improve the value chain in terms of the value addition of the agriculture products, technology improvement, market access and profitability of the products. Strengthening the weak financial structure, focus more on formal financial systems and resolving sociocultural and climate change-induced hazard concerns are the major concerns on the development of value chains in the countries. Apparently, guarantee for good governance, checking illegal and unregulated market contexts, proper mitigation measures to climate change are some paramount important issues for the sustainable management of livelihood, yield, income and development.Practical implicationsAll kinds of stakeholders of the agriculture product value chain should focus on competitiveness and productivity and look for and exploit multiple ways to add value once initial success has been attained with a single deal. Ensuring sustainability within the value chains is an important feature to cater to the challenges and changing demands of the age.Originality/valueThe study will help to established a sustainable value chain approach in response to climate change, which process will help to existent opportunities for firms to manage the issue of climate risk by codeveloping and employing adaptation options that may be more preferred or accepted by consumers across the entire chain for the sustainable management of livelihood, yield, income and development.


Subject The Paris climate agreement. Significance The Paris agreement is the first major international pact to combat climate change since the Kyoto Protocol of 1997. If implemented, the pact envisions robust national efforts to reduce greenhouse gas emissions and cope with the adverse effects of global warming, with significant political, economic, social and sectoral implications. Impacts Paris accord transparency measures will facilitate carbon divestment campaigns in the West. Aviation and shipping emissions are likely to be addressed in a future Paris accord review conference. Migration from climate change-vulnerable states will reopen the legal issue of internationally recognised 'climate refugee' status.


Significance On the same day, opening speakers in a high-profile forum in Abu Dhabi highlighted the emirate’s commitment to renewable energy. Despite the rhetoric and their own vulnerability, however, the Gulf Cooperation Council (GCC) countries are lagging behind global efforts to tackle climate change and remain heavily dependent on oil revenue. Impacts Forecast rises in summer temperatures will deter foreign investment and expatriate workers in future. A collapse in oil prices would cut the funding available to develop clean energy. Failure to stem wasteful hydrocarbons energy consumption will make it harder for renewables to compete. Gulf states’ populations will be largely disengaged from global efforts to combat climate change.


Subject Carbon transitions. Significance The EU in May failed to reach an agreement on how to achieve a long-term strategy on reducing carbon emissions. One of the issues underlying the persistent differences among member states was the question of how to achieve a ‘just transition’. This is becoming an increasingly significant element of national and international debates on tackling climate change. Impacts The International Labour Organisation believes a transition limiting heat rises to 2 degrees by 2030 would create 24 million jobs globally. Global coal production may stabilise as reductions in developed economies are offset by increases in Asia. The UK Treasury estimates that achieving carbon neutrality by 2050 will cost 1 trillion pounds (1.26 trillion dollars).


2020 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Chunhui Liu ◽  
Kongqing Li

PurposeOne of the most critical and active research areas in the field of climate change in recent years has been the interaction between land use and carbon emissions (LUCE). As there is a lack of data to represent the knowledge structure and evolution of LUCE between 1987 and 2018, this paper turned to CiteSpace in order to identify and visualize the cited references and keyword networks, the distribution of categories and countries and highly cited references in connection to LUCE research. Two indicators, betweenness centrality (BC) and citation burst (CB) embedded in CiteSpace, were utilized to investigate the knowledge structures.Design/methodology/approachTwo indicators, BC and CB embedded in CiteSpace, were introduced to investigate the knowledge structures.FindingsFirstly, pre-2000 papers provide the main theoretical foundation for LUCE research, and the innovation of computer technology also provides new ideas and methods for related research. Secondly, greenhouse gas emissions from agriculture are attracting more attention. As agriculture also involves food security, the pressure on agriculture to reduce carbon is enormous, and more research and policy investment will be needed in the future. Thirdly, although the natural sciences ranked highly on BC detection, social and humanities sciences have contributed more to the LUCE research with an increasing emphasis on regional and global governance to combat climate change. Finally, keen interest in carbon emissions and sustainable development in developed countries, particularly in Europe, has led to a large number of LUCE studies. Research being done in developing countries that are most affected by climate change is also outstanding.Originality/valueThe results collected will assist scientific researchers to better understand the research status and frontier trends in this sector, thus permitting researchers to comprehend current research interests in the LUCE analysis field and providing useful information for further investigation and publication strategies.


Significance Trudeau believes he can win back the parliamentary majority lost in 2019 by campaigning on his government’s response to the pandemic and its plans to combat climate change. The gain of 15 seats he needs is within reach, but a provincial election result this week warns against complacency. Impacts A renewed Liberal mandate will see deals with provincial governments on childcare, indigenous rights and climate action. If the NDP picks up seats as expected, another Liberal minority government supported by it would be nudged further to the left. A victory for Trudeau, personally unpopular in western Canada, will prompt more calls for greater autonomy for the Western provinces. Failure to deliver a majority for the Liberals will lead to sharper internal party criticism of Trudeau’s leadership. With the Conservative leader now accepting climate change, further action on emissions reduction is likely whatever the result.


Significance Kenya plans to increase the share that mining contributes to the GDP in the coming decade Impacts Environmental impact assessments and safety regulations will gain importance. Political unrest preceding the August 2017 election could undermine investor confidence. Planned increases in coal production for power generation will generate opposition from climate change advocates.


Significance Although there is agreement on baseline scenarios, modelling presents a huge challenge due to the unprecedentedly lengthy timescales, and there is a risk of significant divergence by country. Impacts Banks and insurers will manage their exposures to polluting versus carbon-friendly sectors; this could hasten national energy transitions. US policies will be key, given US President Joe Biden’s focus on international action to combat climate change. As financial institutions become more aware of the climate implications of their decisions, they will adopt more sustainable strategies. As confidence in climate change-related stress-testing improves, it will be incorporated into broader prudential capital requirements.


Significance Even after these challenges have passed, other factors will hinder the industry's recovery. The sector accounts for 3.8% of GDP and employs nearly 1 million people, and its decline would have a major economic impact: any loss of investment or fall in production would harm growth and employment prospects. Impacts The adoption of more advanced technologies, requiring training that many Mexican workers lack, will erode the country’s low-wage advantage. US efforts to combat climate change may cause more clashes with Mexico, on top of those caused by proposed electric vehicle tax credits. New fuel efficiency rules for vehicles sold in the United States from 2023 could pose further challenges for Mexican manufacturers.


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