Forecast: Total Support on Coal for Fossil Fuel Production in the UK

In the UK, the total support on coal for fossil fuel production, expressed as a percentage of GDP, shows minimal variation over the forecast period from 2024 to 2028. The value remains virtually stagnant, starting at 0.046% in 2024 and slightly increasing to 0.047% by 2026, remaining constant thereafter. As of 2023, this figure was negligible, reinforcing a declining trend in support for coal in alignment with the UK’s commitment to reducing carbon emissions.

Future trends to watch for include:

  • Continued governmental and regulatory shifts toward renewable energy sources.
  • Potential impacts of international agreements on domestic fossil fuel policies.
  • Technological advancements reducing reliance on coal.

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