Coal Demand Bounced Back in 2017 After Two Years of Decline: IEA
- India and Southeast Asia are driving demand for fossil fuels
- Investment in new coal power plants at lowest in a decade
Freight wagons laden with coal in Chandwa, Jharkhand, India.
Photographer: Prashanth Vishwanathan/BloombergThis article is for subscribers only.
Demand for coal rose for the first time in two years in 2017 with China and India burning more than anyone else, a blow for environmental groups hoping to limit use of the dirtiest fossil fuel.
The International Energy Agency’s annual World Energy Outlook published on Tuesday indicates coal will remain a key fuel to provide heat and light through 2040.