Global coal demand is expected to remain stable until 2024 as growth in Asia off...
FILE PHOTO: A train loaded with coal sits on the tracks inside the now-bankrupt mining company BlackJewel's former Black Mountain mining complex, while striking miners blockade the tracks a mile away in protest of unpaid wages, in Cumberland, Kentucky, U.S. August 12, 2019. REUTERS/Charles Mostoller
The IEA report is being published just after negotiators from more than 190 countries met in Madrid over the last two weeks to try to thrash out rules to meet the 2015 Paris Climate Agreement, which demands a virtual end to coal power by 2050. World coal demand is expected to expand at a compound annual growth rate of 0.5%, reaching 5,624 million tonnes of coal equivalent in 2024, the IEA said.
An increase is predicted for India, with demand rising by 4.2% a year to 748 Mtce in 2024 from 585 Mtce in 2018, boosted by a rise in coal-fired power output, the IEA said.
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