The coal industry is undergoing a slow growth since the developing countries will continue refusing from this energy source due to its eco-aggressive nature. Coal generates almost 30% of the global electricity but its share is anticipated to drop at 27% in 2021 because 45% of all carbon emissions in the energy sector are connected with the coal, and it is also a source of other types of pollution. However, the reduced demand for coal in the developed countries will be compensated by an increasing demand in the developing countries, particularly from India and South-East Asia. The International Energy Agency (IEA) forecasts that the world growth of coal consumption will be only 0.6% in the period from 2016 to 2021.
According to IEA, the world coal market has undergone a shift in the coal demand towards Asia since the 2000s, which now generates the key demand. Due to its accessibility, coal remains to be the key worldwide raw material fo...
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