Coal On The Rise In Spite of Death Warnings

President Biden said recently that "we're going to be shutting coal plants down all across America having wind and solar."

Obituaries for coal have been announced ad nauseam, most recently at last year's UN climate change COP26 summit in Edinburgh. Yet there has been an eight fold price surge in coal since September 2020 to over $430 per ton two years later from prices that ranged between $50-$150 a ton through the past decade. This was led by a resurgence of demand after the pandemic lockdowns--especially in China and India, the worlds two largest coal consumers accounting for two-thirds of the world total--but also in Japan, South Korea, Europe and the US. ⁽¹⁾

Except for a few tiny nations, the rest of the world may be giving lip service to coal's coming funeral. But in the real world, global power generation from coal rose nine percent in 2021 and many Asian nations are increasing their reliance on the tried and true provider of heat and electricity. ⁽²⁾

By Centrewing on 2023 04 09

I am so sick of all the lies and propaganda for this truly useless expensive shift of waste filled products that do not work, just to further collapse our countries. I am even more fed up with the really stupid lazy brainwashed people who have no common sense and go along with it all, without thought cause they cannot think have no ability to reason and have no common sense at all. God bless them all, even if they feel the super rich are their gods instead. Just bury their heads in the sand and continue with their paid for with our taxes all the globalist dog and pony shows they love, it appears sadly.
As my daughter says I have no children and no legacy to leave behind so go along to get along?

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