Markets Reject ‘Coal is Dead’ Mantra: Global Thermal Coal Prices Surge to All New Record

Mark Twain noted reports of his death had been greatly exaggerated. So too, the ‘death’ of coal-fired power. For years, the wind and sun cult have been bleating triumphantly that ‘coal is dead’. Energy markets, however, don’t share their peculiar worldview. Thermal coal prices are off the charts, with record demand driving record prices: Australian thermal […]