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14-06-2017, 12:42 AM
Has coal just begun its journey of a long-term decline? If China is serious about reducing emission levels (through Paris Agreement), and if oil, gas, and other alternatives remain as cheap, perhaps?
http://www.businesstimes.com.sg/energy-c...ner-energy
"At the heart of this shift are structural, long-term factors," Mr Dale said. These include "the increasing availability and competitiveness of natural gas and renewable energy, combined with mounting government and societal pressure to shift away from coal towards cleaner, lower-carbon fuels."
However, not all are pessimistic on the future of coal:
http://www.businesstimes.com.sg/energy-c...ek-to-exit
http://www.businesstimes.com.sg/energy-c...ner-energy
"At the heart of this shift are structural, long-term factors," Mr Dale said. These include "the increasing availability and competitiveness of natural gas and renewable energy, combined with mounting government and societal pressure to shift away from coal towards cleaner, lower-carbon fuels."
However, not all are pessimistic on the future of coal:
http://www.businesstimes.com.sg/energy-c...ek-to-exit