A new report from the International Energy Agency shows global demand for coal reached a record level in 2022 — and it’s not likely to go down any time soon.
The goal is to remove 90% of industry emissions by 2035.
The coal industry filled a gap in the global energy mix after Russia's invasion of Ukraine sent natural gas prices to record highs.
The conflict has forced the continent to rely on coal.
Analysts say the U.S. coal industry hasn't been able to fully capitalize on the surge in demand
Climate events like more intense hurricanes are spreading the byproduct of burning coal to water used for drinking and recreation.
South Africa has seen a boom in coal exports. But critics say European countries shouldn't keep feeding their coal habit.
Countries are turning back to less expensive but carbon-heavy coal because of rising energy costs and Russia's war in Ukraine.
The price of coal has risen due to a surge in global demand. Still, signs point toward a continued decline for the U.S. coal sector.
Traditionally, when coal prices spike, many plants switch to natural gas. But with natural gas prices at record highs too, some power providers are at a loss.