International Energy Agency wrong to forecast coal’s demise

And now, due to the repeal of the Endangerment Finding by the Trump administration on motor vehicles, we can hope that further deregulations will roll out and make coal and other sustainable power cheap and plentiful again;


Environmentalists would have us believe that coal is a dying energy source. But, thankfully for American coal states such as West Virginia and Canadian provinces Saskatchewan and Nova Scotia, all of which use millions of tonnes of coal every year to generate electricity, that is not even remotely true. The Kobeissi Letter, an industry-leading commentary on global capital markets, writes that the world is burning more coal now than ever, reaching a record 8.85 billion metric tonnes annual consumption by the end of 2025. Since 2020, annual coal consumption has increased by 1.40 billion tonnes.

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