The market for thermal coal is in structural decline in the United States. Squeezed out by an abundance of cheap shale gas and ever tightening pollution laws, it may be a harbinger of things to come for other fossil fuel markets globally. This report paints a bleak picture and makes grim reading for investors. It finds that in the last few years U.S. coal markets have been pounded by a combination of cheaper renewables, energy efficiency measures, rising construction costs and a rash of legal challenges as well as the shale gas revolution.
Links:
[1] http://admin.indiaenvironmentportal.org.in/reports-documents/us-coal-crash-evidence-structural-change
[2] http://admin.indiaenvironmentportal.org.in/category/publisher/carbon-tracker
[3] http://admin.indiaenvironmentportal.org.in/category/thesaurus/coal-industry
[4] http://admin.indiaenvironmentportal.org.in/category/thesaurus/coal
[5] http://admin.indiaenvironmentportal.org.in/category/thesaurus/united-states-america-us
[6] http://admin.indiaenvironmentportal.org.in/category/thesaurus/shale-gas
[7] http://admin.indiaenvironmentportal.org.in/category/thesaurus/renewable-energy
[8] http://admin.indiaenvironmentportal.org.in/category/thesaurus/fossil-fuels
[9] http://admin.indiaenvironmentportal.org.in/category/thesaurus/gdp
[10] http://admin.indiaenvironmentportal.org.in/category/thesaurus/energy-efficiency