Global coal consumption will hit an all-time high in this year amid high demand in Europe, despite attempts to transition toward a “carbon-free” economy.
Use of coal is expected to remain at similar levels over the next few years if more is not done to move countries to a low-carbon economy, according to a report by the International Energy Agency (IEA). on Dec. 16.
The IEA said that although use of the fuel grew by only 1.2 percent in 2022, consumption grew to an all-time high of more than 8 billion metric tons, beating the previous record set in 2013, according to Coal 2022, the agency’s latest annual market report on the sector….