BY VICTOR EMIL KRISTENSEN, TRANSLATED BY DANIEL FRANK CHRISTENSEN
While Russia’s invasion of Ukraine has natural gas prices soaring, the preferred fuel of industrialization, coal, is in the process of making a historic comeback, shows a new report from the International Energy Agency.
The main causal factors behind this trend, IEA asserts, are economic growth in India combined with the outlook to fewer Covid-19 restrictions in China looking forward.
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