The News Craving
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City AM
City AM
By Nicholas Earl Global coal consumption will rise to an all-time high this year and remain flat at that level until 2025, according to the International Energy Agency (IEA). The Paris-based climate agency has calculated global coal use will rise 1.2 per cent this year, exceeding 8bn tonnes in a single year. Global coal-fired power generation is set to rise to a new record of around 10.3 twh this year. Meanwhile, coal production is forecast to rise by 5.4 per cent to around 8.3bn tonnes, also an all-time high. It also predicts coal consumption will stay elevated over the next three years, as d…