International Energy Agency sees ‘peak coal’ as demand for fossil fuel crumbles in China

Posted by Telegraph: Ambrose Evans-Pritchard on December 18th, 2015
Telegraph: China’s coal consumption has been falling for two years and may never recover as the moment of "peak coal" draws closer, the International Energy Agency (IEA) has said. The energy watchdog has slashed its 2020 forecast for global coal demand by 500m tonnes, warning that the industry risks unstoppable decline as renewable technologies and tougher climate laws shatter previous assumptions. In poignant symbolism, the peak coal report came as miners worked their final shift at Britain’s last surviving......

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