New Delhi: After reaching an all-time high this year, global coal demand is expected to decline in 2026 by 2.3 per cent, said the latest edition of the International Energy Agency’s (IEA) annual coal market report on Friday — the first time that the report has predicted a drop in global coal consumption over its forecast period. Coal 2023 sees global demand for coal rising by 1.4 per cent in 2023, surpassing 8.5 billion tonnes for the first time. The global increase masks stark differences among regions. Consumption is on course to decline sharply in most advanced economies in 2023, including record drops in the European Union (EU) and the US of around 20 per cent each. Demand in emerging a
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