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Rights Issue and Shortfall
WCA Urges G7 Leaders to Invest in Cleaner Coal Technology
Mining.com reported that the World Coal Association (WCA) has urged the G7 leaders to invest in cleaner coal technology to lend support to developing and emerging economies meet development and climate objectives.
Mining.com reported that the World Coal Association (WCA) has urged the G7 leaders to invest in cleaner coal technology to lend support to developing and emerging economies meet development and climate objectives.
As quoted in the market news,
According to the International Energy Agency (IEA) , global electricity from coal is expected to grow by around 33% to 2040. Demand for coal in Southeast Asia alone is expected to increase 4.8% a year through to 2035.
WCA Chief Executive Benjamin Sporton stated:
Leaders of the G7 need to recognize that coal is playing a critical role in bringing affordable, reliable electricity to hundreds of millions of people in developing and emerging economies, particularly across Asia.
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Commodities | |||
---|---|---|---|
Gold | 2356.64 | -7.08 | |
Silver | 28.21 | +0.08 | |
Copper | 4.29 | +0.03 | |
Oil | 85.35 | -0.31 | |
Heating Oil | 2.69 | 0.00 | |
Natural Gas | 1.76 | -0.01 |
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