Global fossil fuel consumption rose to record levels not seen in almost 10 years, new data shows.The International Energy Agency (IEA) recently confirmed coal demand rose to the previous annual record set in 2013, and is not showing any signs of slowing down.
“Coal remains a key fuel for electricity generation and a range of industrial processes,” the agency said.
A resources producer attracted major funding for its flagship coal operation. The investment will support Malabar’s Maxwell Underground Coal Mine, 116km northwest of Newcastle. The project is expected to create 250 construction jobs plus a further 350 full-time operational positions.
Coal may be dirty but according to the above, still is in great demand.
