The Incredible Global Transition Back To Coal

Business Insider reported on the potential effects of increased coal consumption on climate change.

The market news is quoted as saying:

From 1998 to 2008, coal’s share of global primary energy consumption soared from over 25% to over 29%. Yes, at the world scale, that is a huge change. That the EIA would hold coal’s contribution level is a very poor forecast, given that global oil production has been held below a ceiling for six years now—and—that the Developing World has raced forward in its coal adoption.

To read the full market news, click here.