China Coal Peak Imminent Makes Coal Risky Investment: Study

Chinese demand for coal may peak as soon as this year, hurting a world market already suffering from oversupply and low profits, the Carbon Tracker Initiative said.

Investments in coal assets may be hit by falling costs for renewable energies and tighter regulation to combat global warming, said the group, which promotes the idea that the world can’t burn all the fossil fuels it’s investing in while meeting its climate goals.