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“IEA says coal use hit an all-time high last year — and global demand will persist near record levels”

“Coal consumption increased by 3.3% to hit a fresh record high of 8.3 billion metric tons in 2022, the International Energy Agency said Thursday.

According to the Paris-based organization’s Coal Market Update, demand increased “despite a weaker global economy, mainly driven by being more readily available and relatively cheaper than gas in many parts of the world.”

Overall, the IEA said 10,440 terawatt hours were generated from coal in 2022, a figure that accounted for 36% of the planet’s electricity generation. Looking ahead, the IEA said coal consumption in 2023 would remain near last year’s record levels…”

https://www.cnbc.com/2023/07/27/coal-consumption-hit-an-all-time-high-in-2022-iea-says.html

The U.S. alone has over 10,000 years worth of coal. It doesn’t matter if production goes up. Cheap energy is good. It drives the economy.

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