The coal terminal of Lianyungang Port in China’s eastern Jiangsu province on Dec. 15, 2023. STR / AFP via Getty Images
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Demand for coal is predicted to decline beginning in 2026, according to the most recent coal market report — Coal 2023 Analysis and forecast to 2026 — from the International Energy Agency (IEA).
It is the first time the report has projected a drop, a press release from the IEA said.
“Today, coal remains the largest energy source for electricity generation, steelmaking and cement production – maintaining a central role in the world economy. At the same time, coal is the largest source of man-made carbon dioxide (CO2) emissions, and curbing…
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