Drops in coal demand from US, China hint that we have hit peak coal

Earlier this month the White House announced a plan to scale back CO2 emissions from coal–fueled plants. The initiative aims to reduce pollutants that result from coal burning by 30% over the next 15 years. While China still consumes 50% of the world’s coal, 10 years ago the demand for coal in China grew 18% a year, today that number has fallen to 3%. Analysts say that the smaller growth rate for coal demand in China indicates that Chinese peak coal is looming close. | Read the rest of the analysis on Yale Environment 360

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Drops in coal demand from US, China hint that we have hit peak coal

Earlier this month the White House announced a plan to scale back CO2 emissions from coal–fueled plants. The initiative aims to reduce pollutants that result from coal burning by 30% over the next 15 years. While China still consumes 50% of the world’s coal, 10 years ago the demand for coal in China grew 18% a year, today that number has fallen to 3%. Analysts say that the smaller growth rate for coal demand in China indicates that Chinese peak coal is looming close. | Read the rest of the analysis on Yale Environment 360

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