The energy crisis has revived the coal market

📆 9/13/2022 5:44 PM
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Coal prices worldwide have reached new highs as the global energy crisis forces power providers to boost usage of the carbon-laden mineral.

forecasts global coal consumption will rise 0.7% this year — and roughly match the all-time high for coal usage set in 2013.Electricity-related carbon emissions over the coming year, as the uptick in coal usage will likely push them up from the"That's the tradeoff that we face," says Harrison Fell, a professor of energy economics at North Carolina State University.

"We have this alternative readily available source that's great for reliability, but at the cost of environmental outcomes."

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Gee, I wonder why that is? Anyone? Anyone? Beuller?

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