“Energy markets in transition” is the apt title of a new review of global energy markets by oil giant BP. According to the review, global coal production fell by 6.2 percent last year–that’s the biggest annual decline on record. The new figures underline a clear trend. As we reported earlier: Recently the U.K. had its first coal-free electricity day since the industrial revolution. And India has canceled plans for huge new coal power plants. The report also shows that consumption of coal is declining: in the U.K. with 52.5 percent in 2016, in the U.S. with 8.8 percent, and even in China’s with 1.6 percent.
Review oil giant BP: Global coal production sees biggest decline in history
More of Today's Solutions
Belfast venues unite to eliminate single-use plastic cups
BY THE OPTIMIST DAILY EDITORIAL TEAM Belfast is making history as the first city in Ireland and the UK to commit to eliminating single-use ...
Read MoreEuropean zoos are giving Christmas trees a second life
BY THE OPTIMIST DAILY EDITORIAL TEAM Once the holidays wrap up, many of us find ourselves dismantling the decorations, dragging our Christmas trees to ...
Read MoreMeet Chuck Feeney, the billionaire who has given away all his money
For most of us who aren’t billionaires, it’s always baffling that such wealthy people *cough Jeff Bezos* can sit atop giant sums of money ...
Read MoreSolarMente is revolutionizing solar energy with subscription-based solutions
SolarMente, a visionary startup created by 29-year-old Wouter Draijer, is leading a renewable energy revolution on Spain's sun-drenched streets. Let's look at how SolarMente's ...
Read More
