​Coal Remains On Its Throne Despite Transition Push – Tyler Durden

Coal Remains On Its Throne Despite Transition Push Authored by Irina Slav via OilPrice.com, Both India and China have stated quite plainly that they will not be following the example of the UK and shutting down any coal power plants in the observable future. Coal power provides the cheap energy that Chinese and other Asian manufacturers of wind and solar components and equipment—not to mention EVs—use to keep their products cheap. These two countries will be driving coal demand growth over the near to medium term. Report upon report sings praises to energy transition efforts that are leading to record…  — Continue at ZeroHedge News : Read More