Poland's PM pushes for more coal to lower heating costs

By AP News

Share:

WARSAW, Poland (AP) — Poland’s prime minister vowed Thursday to support higher production at the nation’s coal mines in order to bring down heating and energy prices that have soared amid the war in neighbouring Ukraine and the European Union's efforts to reduce its dependency on Russian energy sources.

Poland's Prime Minister Mateusz Morawiecki briefs the media during a joint news conference with Polish President Andrzej Duda and European Commission President Ursula von der Leyen at the headquarters of Poland's Power Grid in Konstancin-Jeziorna, Poland, Thursday, June 2, 2022. The independence of Poland's courts is at the heart of a dispute with the European Union, which has withheld billions of euros in pandemic recovery funds. European Commission President Ursula von der Leyen meets Poland's leaders discuss the matter. (AP Photo/Michal Dyjuk)

WARSAW, Poland (AP) — Poland’s prime minister vowed Thursday to support higher production at the nation’s coal mines in order to bring down heating and energy prices that have soared amid the war in neighbouring Ukraine and the European Union's efforts to reduce its dependency on Russian energy sources.

However, the pledge that Prime Minister Mateusz Morawiecki made in parliament goes against Poland’s climate change obligations and the gradual steps it is taking to reduce the production and use of coal in order to fight global warming.

But Russia’s invasion of Ukraine and EU bans on some Russian energy sources have led to sudden shortages of coal and accelerated the rise of fuel prices. Governments across Europe are looking for other sources of fuel and energy.

The cost of coal has gone up 100% in Poland in the past 12 months, leading to widespread anxiety because one in every three households here is heated by coal. Overall, Poland relies on coal for almost 70% of its energy needs, a far higher percentage than any other of the EU's 27 nations.

“We will introduce a program of increased coal extraction in Poland's collieries," Morawiecki said.

The Polish government's aim is to reduce the fossil fuel's prices ahead of the next heating season to the level they “were at before the sudden rise that was linked to the embargo on Russia. We will do this," Morawiecki said.

In fact, energy prices in Europe had been rising months before Russia invaded Ukraine on Feb. 24.

Poland said in the first four month of 2022, some 19 million tons of coal were produced in Poland's mines, which was some 155,000 tons more than at the same time last year.

Poland insists that it's departure from coal, of which it has rich deposits, must be slower than for other European countries because it has not yet developed enough renewable energy sources. Coal mining is also a big employment industry in Poland

___

Follow all AP stories on climate change issues at https://apnews.com/hub/climate.

___

Follow AP’s coverage of the war in Ukraine at https://apnews.com/hub/russia-ukraine.

Share:

In this article:

Industries:
Energy
Industrials

Author: AP News

This article does not provide any financial advice and is not a recommendation to deal in any securities or product. Investments may fall in value and an investor may lose some or all of their investment. Past performance is not an indicator of future performance.

Originally published by Associated Press Valuethemarkets.com, Digitonic Ltd (and our owners, directors, officers, managers, employees, affiliates, agents and assigns) are not responsible for the content or accuracy of this article. The information included in this article is based solely on information provided by the company or companies mentioned above.

Sign up for Investing Intel Newsletter