How Chile engineered the developing world’s fastest coal phaseout

Sun, 15 Sep 2024 04:19:27 +1000

Andrew Pam <xanni [at] glasswings.com.au>

Andrew Pam
<https://theprogressplaybook.com/2024/08/07/how-chile-engineered-the-developing-worlds-fastest-coal-phaseout/>

"Chile is phasing out coal faster than any other developing nation thanks in
part to regulations that bolstered environmental standards and gave investors
the right signals, says former environment minister Marcelo Mena-Carrasco.

In the first half of 2024, coal accounted for just 17.5% of Chile’s electricity
output, data collated by research group Ember shows. That’s down from 43.6% in
2016.

The dirtiest fossil fuel is being rapidly replaced by wind and solar, which are
the cheapest sources of generating capacity. Renewables, in aggregate,
comprised 63.1% of Chile’s power mix in the first half of the year.

“It’s a story that can be replicated in other parts of the world,” says
Mena-Carrasco, who’s now CEO of The Global Methane Hub. The country’s brisk
transition, he explained at The Progress Playbook’s recent policy conference,
was initially sparked by community opposition to traditional power projects a
decade ago."

Via What Could Go Right? Every Second Counts
https://theprogressnetwork.org/public-warning-systems/

Cheers,
       *** Xanni ***
--
mailto:xanni@xanadu.net               Andrew Pam
http://xanadu.com.au/                 Chief Scientist, Xanadu
https://glasswings.com.au/            Partner, Glass Wings
https://sericyb.com.au/               Manager, Serious Cybernetics

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