News Snapshot:
(The Hill) – Global coal usage has reached an all-time high in 2022 amid the disruption of traditional trade flows, soaring costs and increased demand, according to the International Energy Agency (IEA). The IEA said in a report that worldwide coal usage is set to surpass 8 billion tonnes for the first time this year following the chaos of a global energy crisis. A tonne is equivalent to 1,000 kilograms. The report states that fossil fuel prices, particularly for natural gas, have substantially increased throughout the year, causing “a wave” of fuel switching from gas. This has caused an increase...
