Developed economies have been reducing their use of coal in recent years, but the world isn’t ready to kick its coal addiction, not yet. Developing markets in Asia are boosting their coal-fired power generation to meet surging electricity demand. Despite continued retirements of coal-fired power in the U.S., lower coal demand in Europe, and the end of the 142-year coal electricity in the UK, global coal demand hit another record high last year. And consumption is set to remain at these high levels—or even hit new all-time highs—for…
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