A recent coal market trend update from the International Energy Agency (IEA) notes that global demand for coal will most likely remain stable through 2025. Coal use in energy generation has been on the decline over the last decade as dozens of countries worldwide work to eliminate the dirty fossil fuel from their energy mixes. Electrification coupled with a significant surge in renewable energy capacity has helped to reduce coal use and reduce greenhouse-gas emissions as much as possible.
The result has been a notable decline in the demand for coal as major markets, including the European Union, China and the United States, substitute it with…
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