Coal, the dirtiest of the world’s fossil fuels, has been in terminal decline for years now. Investment in the once-vital commodity has crashed, and the ESG movement is only accelerating that trend. Analysts are no longer questioning whether the fuel will recover, and are instead asking which country will be the last to build a new coal plant.
A report released this week by climate and energy think tank Ember found that global coal-fired electricity fell by 4 percent in 2020, a record drop. That loss in coal-fired power was made up for by…Coal Is In Terminal Decline, But China’s Consumption Is Climbing
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