Climate Change and the Coal Industry

Platts reported on the role of the coal industry in fighting climate change.

As quoted in the market news:

There is also no question that the easy availability of coal has allowed hugely increased access to energy in both South Africa and China and, moreover, at a reasonable economic cost. Economic development would almost certainly have been slower in these countries had coal not been exploited. However, the point here is not that the world needs coal, but that the world needs energy, and in a world that counts carbon as well as dollars, coal may not be the cheapest energy source available in the long run.

Click here to read the full Platts report.