China Doubles Down On Coal Despite Global Push To Go Green
No one will so much as criticise China but there will be lots of fingerwagging against the plebs of the West Authored by Felicity Bradstock via OilPrice.com, Despite global expectations to move away from coal, demand in China is still strong, as rising global temperatures causing heat waves are driving up electricity demand and coal prices. Thermal coal futures reached record highs in July as a heatwave in China sent electricity use soaring. In industrial areas of the country such as Zhejiang near…