IEA Cuts Coal Demand Outlook as China `Golden Age' Seen Over

  • Coal use to grow 0.8 percent annually over next 5 years
  • Prices seen staying under pressure by climate policies, shale

The International Energy Agency cut its five-year coal demand forecast for a third year as it said the “golden age of coal in China” seemed over amid a slowdown in the world’s second-biggest economy.

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