«Thanks to abundant supplies and insatiable demand for power from emerging markets, coal met nearly half of the rise in
global energy demand during the first decade of the 21st Century,» said IEA Executive Director Maria van der Hoeven.
During the 2008 - 09 slide, it was the other way around; then, as soon as the
global financial crisis was contained and
energy traders could see the level at which
global demand would bottom out, the price trend reversed itself.