Coal Prices Set for Comeback as Strong Demand Meets Moribund Supply
The world will eventually ditch the dirtiest fossil fuel, but its near-term popularity seems assured.
Coal stockpiles at the Guoyuan Port Container Terminal in Chongqing, China. The nation mines and burns half of the world’s supply.
Photographer: Na Bian/BloombergThis article is for subscribers only.
Welcome to our guide to the energy and commodities powering the global economy. Today, reporter Will Wade looks at the demand-supply conundrum faced by miners of coal, a fuel that looks set to have a long and drawn out final act.
Coal is cheap. And it should be, right, since everyone knows it’s on the way out?