No, I still haven't read the report. I've been very busy with other activities lately.
My understanding is there are a few different estimations of the future of coal demand in that report depending on certain scenarios.
You seem to be just sticking with one.
However, the reality is, economies are transitioning away from fossil fuel for the first time in modern history. They now have an alternative and it is very low CO2 emission.
That doesn't mean they won't be using some fossil but it does mean that it won't be the majority of their fuel going forward. The fact that many countries have pledged a net zero emission target by 2050 says that the future of fossil fuel is much less certain than it has ever been.
Even little old Australia is expected to reach net zero co2 emissions by 2050 easily.
When one considers that major economies such as the US, the EU and the UK all have net zero targets and are also considering CO2 export taxes, one could reasonably argue that the future for fossil is nowhere near as robust as it once was.
" Li said that coal accounted for 56.8% of China’s domestic energy generation in 2020, down from 72.4% 15 years ago. "
