Why The World Can’t Kick King Coal ...Middle East

OILPRICE - Economy
Why The World Can’t Kick King Coal
source : OILPRICE ( Middle East ) () 43
Despite big promises, Europe is acknowledging the importance of coal, as it continues to impose sanctions on Russian energy before having the necessary oil, gas or renewable alternatives ready to take its place. At the same time, the G7 is trying to help several Asian countries transition away from their coal dependency to less carbon-intensive alternatives. But can Europe continue its coal addition while telling others to stop producing the dirty fossil fuel? This month, Europe conceded that it will have to continue its coal production if it wants…

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