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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 362.32-1.8%Nov 4 4:00 PM EST
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To: Cogito Ergo Sum who wrote (207844)9/14/2024 10:26:34 PM
From: Pogeu Mahone1 Recommendation  Read Replies (1) of 217542
 
Real world deeds speak louder

China is the worlds leader and largest user of coal in 2024 and way beyond

According to current data, China remains the world's largest consumer of coal in 2024, accounting for a significant portion of global coal usage despite efforts to transition to renewable energy sources; this is primarily due to its large population and rapidly growing economy which still relies heavily on coal power generation.
Key points about China's coal usage:



  • Dominant share:
    China consumes more than half of the world's coal, making it the leading coal user by a large margin.



  • High import levels:
    China also remains a major importer of coal, particularly when domestic supplies are not sufficient.



  • A Very Slow transition:
  • While China is investing in renewable energy, its coal reliance is still substantial due to the need for reliable power generation.

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