Coal demand FALLS for first time in history – world hits historic PIVOT point
Coal demand FALLS for first time in history – world hits historic PIVOT point
Global coal demand reached a record 8.77 billion tonnes in 2024 but is projected to plateau through 2027, marking a pivotal shift in the energy landscape. This stabilization is driven by declining consumption in advanced economies and the rapid expansion of renewable energy sources, particularly in China and India.
Credit to : The Electric Viking