More slides from Michael Liebreich’s presentation at the Bloomberg New Energy Finance conference this week. (will figure out how to post it here, I hope)
Above, coal consumption declining in OECD countries, flattening in China, slowing elsewhere. No wonder coal companies are circling the drain.
In the UK, birthplace of the coal fired industrial revolution, coal demand lowest since 1860.
Coal prices in the toilet.
First ever flattening of co2 emissions unrelated to a recession.
Reblogged this on A Green Road Daily News.
Clear evidence of Barack Obama’s War on Coal – just look at how coal use in the UK plummeted beginning when Barack was born in 1961!