Oil Prices Are Up. Coal Won’t Be So Lucky. | EUROtoday

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Even China’s voracious urge for food for thermal coal hasn’t been in a position to arrest sliding costs of the dirtiest fossil gas. Blame an inflow of provide from Indonesia and Australia, and an uptick in coal mining globally.

Despite widespread perceptions that the coal trade is below risk, output is definitely hitting new data—at the very least exterior the U.S. and EU.

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