Curbing coal trade
In 2015 decline of 2.3% – Is lndia the world’s largest importer- Celestina Dominelli
Beyond national borders, coal continues to drive electricity generation with a 40% share (compared to 20% of nuclear and gas). But, after a decade of growth at a 5 per cent annual pace, global coal trade pulled the brakes, falling 2.3 percent. “At the moment there is no incentive for any source of supply to create new production capacity since we are in the presence of an excess, because of the crisis, that we…
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