The coal industry is highly polluting and contributes to air, soil, water, and many other kinds of pollution. Coal mining has also directly caused the deaths of 377 Indians in the last 3 years alone. When it comes to coal not only is its environmental impact disregarded, but the impact on human health goes unaddressed.
Why should we not use coal?
Coal-fired power plants have been linked to developmental defects in 300,000 infants because of their mothers’ exposure to toxic mercury pollution. Asthma rates are skyrocketing in communities exposed to particulates from burning coal, and now one out of ten children in the U.S. suffers from asthma.
Why is Indian coal not environmentally friendly?
It is responsible for 40% of carbon dioxide emissions from fossil fuels. Mining coal wreaks havoc on the environment and on the people who live there. Besides CO2, burning coal produces pollutants like mercury, sulfur dioxide, which is linked to acid rain, and particulate matter, which causes respiratory illnesses.
Will India stop using coal?
Coal may remain a significant source of energy in India for a long time, but its importance will diminish over time. This transition will disrupt the existing political and economic patterns in India’s energy system.
What is the problem with coal?
Coal and Air Pollution
Air pollution from coal-fired power plants is linked with asthma, cancer, heart and lung ailments, neurological problems, acid rain, global warming, and other severe environmental and public health impacts.
What are 3 disadvantages of coal?
Disadvantages of Coal-Fired Power Plants
On the other hand, there are also some significant disadvantages of coal fired plants including Greenhouse Gas (GHG) Emissions, mining destruction, generation of millions of tons of waste, and emission of harmful substances.
Does coal have a future?
With its rapid decline in the United States and Europe, coal’s future will depend heavily on the small but significant group of countries – China, India, Indonesia, Pakistan, Bangladesh, the Philippines and Vietnam – that account for 70% of global coal consumption and most of the world’s new coal power projects.
How long coal will last in India?
India has proven reserves equivalent to 111.5 times its annual consumption. This means it has about 111 years of Coal left (at current consumption levels and excluding unproven reserves).
Why is coal so cheap?
Coal is only considered cheap because coal plants do not have to pay for the full social and environmental costs of coal burning on people’s health, the natural environment, and our climate.
How much coal is left in the world?
There are 1,139,471 tons (short tons, st) of proven coal reserves in the world as of 2016. The world has proven reserves equivalent to 133.1 times its annual consumption. This means it has about 133 years of coal left (at current consumption levels and excluding unproven reserves).
How long coal will last?
Based on U.S. coal production in 2019, of about 0.706 billion short tons, the recoverable coal reserves would last about 357 years, and recoverable reserves at producing mines would last about 20 years. The actual number of years that those reserves will last depends on changes in production and reserves estimates.
Is coal India a good buy?
CIL announced Rs 3.5 as the final dividend, taking FY21 payout to Rs 16/sh (10% yield at CMP). Aided by strong coal PLFs, increasing power demand and opening up of export opportunities, e-auction premiums are expected to continue improving. We remain positive for a significantly better FY22. Maintain Buy.