The analysis of global total support on coal for fossil fuel production reveals significant variability among countries. Poland leads with the highest support relative to GDP, while Canada, India, and South Africa show the least support. Notably, Poland, Hungary, and Belarus showed declines in support, suggesting shifts in policy or market dynamics. In contrast, Indonesia and the United Kingdom witnessed substantial increases, highlighting potential policy shifts or growing coal demand.
Looking forward, emerging trends to watch include the potential influence of global carbon reduction commitments and technological advancements in renewable energy. Countries like Indonesia may continue to increase support due to rising energy demands, whereas European nations might reduce reliance as they pursue greener energy solutions.
Top countries in Total Support on Coal for Fossil Fuel Production by Country
| # | 10 Countries | Percent of GDP | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Poland | 0.29 | 2023 | +6.32% | -4.92% | View data |
| 2 | 2 Indonesia | 0.099 | 2023 | +4.21% | +150.68% | View data |
| 3 | 3 Germany | 0.052 | 2023 | 0% | +2.04% | View data |
| 4 | 4 United Kingdom | 0.045 | 2023 | +4.65% | +35.1% | View data |
| 5 | 5 Argentina | 0.018 | 2023 | -10% | +2.38% | View data |
| 6 | 6 China | 0.017 | 2023 | +13.33% | +13.56% | View data |
| 7 | 7 Hungary | 0.016 | 2023 | -15.79% | -9.25% | View data |
| 8 | 8 Belarus | 0.014 | 2023 | -6.67% | -17.21% | View data |
| 9 | 9 Spain | 0.013 | 2023 | -7.14% | -12.26% | View data |
| 10 | 10 South Korea | 0.006 | 2023 | -14.29% | -3.04% | View data |
