The coal industry has achieved stunning growth in the last decade, largely due to increased demand in China. But big changes in China’s economy and its policies are expected to put an end to coal’s big boom.
After a decade in which coal has been grabbing an ever-larger share of the world’s energy supply, could coal’s boom be about to turn to bust? Both the United States and China are planning to curb coal, and analysts say the repercussions for the global industry could be dramatic. The world may soon breathe a great deal easier, as the biggest contributor to both urban smog and climate change goes into decline.Read More