World energy markets keep defying the wind and solar cult’s prediction that coal’s days are over. The meme has it that ‘coal is dead’, but in reality it hasn’t suffered so much as a flesh wound. Indeed, thermal coal prices are off the charts, with record demand driving record prices: Australian thermal coal prices hit $US$400 … Continue reading Fired-Up: Global Demand For Coal Defies Wind & Sun Cult’s Predictions of Doom
Tag: Asia coal demand
China’s Transition From Agrarian Poverty Fuelled By Mountains of Coal
China’s rise is built on the same black stuff that dragged Europe out of the dark ages: mountains of coal. While the ever inscrutable regime in China outwardly pays lip service to climate warriors railing against carbon dioxide gas, with a wink and a nod to its own wind and solar schemes, China is building … Continue reading China’s Transition From Agrarian Poverty Fuelled By Mountains of Coal