Capitalism and ''competition'' in most industries coal included...

Capitalism and ''competition'' in most industries coal included is dead. It has to die as warlike press loves warlike ''politicians'' issuing ''we will beat them on the beaches'' statements joining coalitions against imaginary enemies. EU is abandoning capitalistic concepts big time ......... so is everybody else.

"Last week, the EU announced the successful outcome of the first-ever international tender for joint purchasing of EU gas supplies. During this tender, the EU managed to attract bids from 25 supplying companies equivalent to more than 13.4 billion cubic meters of gas (bcm) – surpassing the 11.6 bcm of joint demand that EU companies submitted through the recently established AggregateEU mechanism."

So when trust me I am honest uncorrupted political class gets to decide which gas or coal suit common interest best price or quality product ..... communism wins.

Coal futures will reflect this modern view of the world.