China also built a record number of coal plants this year and are continuing to do so. As is the rest of Asia. The outlook for coal in the short term 5 to 10 years is solid.
“China’s coal consumption is expected to increase by 6 per cent by 2025 compared to last year as economic growth drives demand despite Beijing’s pledge to promote cleaner energy sources as part of a pledge to achieve zero emissions.”
-From the AFR
Target $4.61, page-21
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