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india: Global coal demand expected to decline in coming years: IEA

At the annual UN climate conference in Dubai, nearly 200 countries clinched a breakthrough deal which calls for the world transition away from all fossil fuels, the primary reason for the climate crisis, in a fair and equitable way. Though the 21-page cover decision urged countries to accelerate efforts to phase down unabated coal power, it did not explicitly mention oil and gas.

After a Record 2023, Coal Headed for Decline, Analysts Say

Global coal demand hit a record high in 2023, but with the renewables buildout continuing apace in China, coal is headed for a decline over the next two years, according to a new analysis.

Global coal demand set to fall as China embraces renewables

Global coal demand is likely to have peaked this year, and could drop by about 2% over the next three years as China brings more renewable energy sources online, the International Energy Agency said Friday.

Coal s peak is here but it s not going away soon

Total consumption of coal will reach a record high of more than 8.5 billion metric tons this year, and then start a long, slow decline, according to the International Energy Agency. Demand is expected to slide to 8.3 billion tons by 2026, the agency said in its Coal 2023 report issued Friday.

Environmental News Network - After a Record 2023, Coal Headed for Decline, Analysts Say

Environmental News Network - After a Record 2023, Coal Headed for Decline, Analysts Say
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