Extraction and combustion of coal have changed the world and the climate of our planet within last two hundred years, but both are declining. This fact alongside with many others belongs to key messages of a new, representative publication, the Coal Atlas. Coal has started the industrial revolution and at the same time caused environmental and social destruction of large areas. At present, coal significantly contributes to climate change by being responsible for 43 % of global carbon dioxide emissions and more than one third of all greenhouse gas emissions respectively. Progressive countries are therefore leaving coal behind. What is more, consumption of coal has recently stagnated also in China, so far the biggest consumer. While the coal business seems to be inevitably coming to the end, some investors still hope for a profit. Why some buy something that the others consider as “stranded assets”?
Newsletter
Přihlaste se k odběru newsletteru a my vám každý týden pošleme přehled toho nejlepšího z TZB-info!
více o newsletteru