The Golden Age Of Coal In China Is Over

China’s coal consumption may have peaked in 2013, and with it, so have the coal industry’s fortunes. A new report from the International Energy Agency (IEA) finds that preliminary data suggests that China’s coal consumption in 2015 is lower than 2013 levels. Slower economic growth, lower energy-intensity of growth, and a campaign to reduce air pollution have severely dented the prospects for coal in China, the report finds. China consumes half of the world’s coal, so what happens in China tends to dictate what happens to…

via Daily News Update

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