As the rest of the world moves towards cleaner and renewable energy generation, Pakistan (as well as India) is looking towards an energy generation future powered by coal. Thus far, the developments of sources powered by renewables have been small in Pakistan, in part because of the capital expenditure to get renewable sources up and running economically and efficiently. Pakistan sits on coal, much of it of poor quality, and it remains the cheapest source of power generation everywhere. The country derives two-thirds of its energy needs from oil and gas, much of it imported and subject to price fluctuations. Local coal provides price consistency, and the argument that in real terms, the increase in our contribution to global carbon emissions is almost negligible is a powerful driver. Pakistan has a 25-member team at the Paris Climate Summit, but as with other developing nations, local imperatives may outweigh global goals. The aim is to add 8,100 megawatts of coal power to the system, roughly 40 per cent of generation capacity. Delhi and Beijing are literally choking on the cost of coal-powered development, and Pakistan may find itself coughing in their wake.
Published in The Express Tribune, December 7th, 2015.
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