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Steelmaking coal producers in B.C. are facing some challenges right now, including logistical ones in the form of a strike at the Westshore coal terminal at Roberts Bank in Delta.
European seaborne thermal coal demand is projected to increase 14% or 12 million metric tonnes (Mt) this year to 98 Mt as it grapples with the current energy crisis.
Exploring the outlook for coal considering geopolitical shifts, the gathering pace of the energy transition and the technologies upon which decarbonisation will rely.
As analysts warn this week’s IPCC report will only accelerate momentum toward decarbonisation, coal and gas exporters say they can help reduce emissions.