(Photo by Daniel Bockwoldt/picture alliance via Getty Images)
There is a new energy kid on the block. Well, not new, exactly. It is actually an older resident who has moved back into the neighborhood after much demand from the community. Coal prices are throwing a house party like it is 2008 again, with international consumption for the fossil fuel as hot as Ukraine President Volodymyr Zelensky right now. The problem? The dirty rock is in short supply after the world turned its back on an energy source that contributed to the global economy’s prosperity and innovation for so long. But coal is having the last laugh as many advanced and developing economies try to keep their lights on in this contentious and chaotic environment. So, is this coal’s last hurrah? Energy Market Under Pressure (Photo by Rolf Vennenbernd/picture alliance via Getty Images)
The Asian benchmark for coal skyrocketed 46% on March 2 to an all-time high of $446 per ton. The ...
To provide the best experiences, we use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us to process data such as website statistics. Not consenting or withdrawing consent, may adversely affect certain features and functions.
Functional Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
The technical storage or access that is used exclusively for statistical purposes.The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.