Strong Chinese policies to reduce coal dependency seen curbing growth, but Asian demand remains buoyant Global coal demand growth slows slightly, IEA says in latest 5-year outlook
Coal is a variety of solid, combustible, sedimentary, organic rocks that are composed mainly of carbon and varying amounts of other components such as hydrogen, oxygen, sulphur and moisture. Coal is formed from vegetation that has been consolidated between other rock strata and altered by the combined effects of pressure and heat over millions of years. Many different classifications of coal are used around the world, reflecting a broad range of ages, compositions and properties.
Coal use has never stopped increasing and the forecasts indicate that, unless a dramatic policy action occurs, this trend will continue in the future. If this happens, then the IEA believes greater efforts are needed by governments and industry to embrace cleaner and more efficient technologies to ensure that coal becomes a much cleaner source of energy in the decades to come.