“Coal investments set to rise 10% this year as nations fret over energy security”
June 22, 2022
“Global energy investment is on course to jump by more than 8% in 2022 and hit $2.4 trillion, with a notable uptick for coal supply chains..
According to the IEA’s report, 2021 saw roughly $105 billion invested what it called the “coal supply chain.” That represented a rise of 10% compared with 2020. It’s forecasting that the industry will likely follow a similar path this year.
“Global coal supply investment is expected to grow by another 10% in 2022 as tight supply continues to attract new projects,” it said. “At over USD 80 billion, China and India are anticipated to make up the bulk of global coal investment in 2022.”…”
https://www.cnbc.com/2022/06/22/clean-energy-set-for-1point4-trillion-boost-in-2022-iea-says.html