https://youtu.be/IX1i_deexAs

In the European Union, growth in coal demand was minimal in 2022 as a temporary spike in coal-fired power generation was almost offset by lower use in industry. In the United States, the move away from coal is also being accentuated by lower natural gas prices. We need greater policy efforts and investments – backed by stronger international cooperation – to drive a massive surge in clean energy and energy efficiency to reduce coal demand in economies where energy needs are growing fast.”The shift of coal demand to Asia continues. Chinese imports have almost doubled in the first half of this year, and global coal trade in 2023 is set to grow by more than 7%, outpacing overall demand growth, to approach the record levels seen in 2019. Seaborne coal trade in 2023 may well surpass the record of 1.3 billion tonnes set in 2019. About this episode • Coal demand soars in Asia, driving global consumption • EU and USA see declining coal use amidst renewables shift • Economic and policy factors sustain coal's dominance in energy markets • Asian markets contrast with Western movement towards sustainable energy Source https://www.iea.org/news/global-coal-demand-set-to-remain-at-record-levels-in-2023 P. Geo. Ricardo A Valls, M. Sc. and Geo Gadfly Valls Geoconsultant ORCID ID- https://orcid.org/0000-0002-5421-0914 Scopus Author ID: 7003369619/35335510700 ResearcherID: S-6604-2018 If you like this content, please "buy me a coffee" https://www.buymeacoffee.com/goldendroplets