Coal consumption appears to have made a quick rebound.
Not exact matches
Interestingly enough, the decline in
coal consumption in China
appears to continue.
Coal consumption continues apace hence it would appear that the production decline is not demand led but rather that China may be approaching peak c
Coal consumption continues apace hence it would
appear that the production decline is not demand led but rather that China may be approaching peak
coalcoal.
There are alternatives I don't think I convinced either of my two audiences that fossil fuels are going to disappear overnight, but once I drew their attention to recent declines in Chinese
coal production and a stall in global carbon emissions they did
appear to concede that basing future investment decisions simply on past patterns of
consumption might not be the wisest of strategies.
The hike in European
coal consumption would
appear to run counter to big government initiatives across the Continent to cut CO2 emissions.
Although Chinese
coal production and
consumption rose hugely during the 2000s, it
appears to have peaked in the 2010s and is now beginning to decline.
There have been rumblings for quite some time now that
coal consumption in China has peaked, and it
appears that may in fact be the reality.
In an additional twist, supply - side data
appear to imply that the reduction in
coal consumption should be much greater even than 4.7 %.
The US has 28 % of
coal reserves and
appears to plan to sit on them, using a small fraction for local
consumption.