Russia’s Coal Collapse signals the end of the fossil era. From bankrupt mines to battery booms, the global energy transition is accelerating but facing political resistance.
Coal is dead, gas is not. It will be the resilient goddamn cockroach running along the floor because some clown with the keys to the European Parliament will always yell that we need base load coverage capacity in fossils.
Then we’ll import it at a stupid price from one genocidal maniac or the other and be told to be happy we are paying 8x the cost of pretty much any other modern production method. Worst part is, it’s just as dirty as coal when it comes shipped in.
Coal is dead, gas is not. It will be the resilient goddamn cockroach running along the floor because some clown with the keys to the European Parliament will always yell that we need base load coverage capacity in fossils.
Then we’ll import it at a stupid price from one genocidal maniac or the other and be told to be happy we are paying 8x the cost of pretty much any other modern production method. Worst part is, it’s just as dirty as coal when it comes shipped in.
This is a story about the coal industry in Russia.
Not only, if you read it, the article adresses the global market and price collapse in coal actions in the US as well.
Ctrl-F to “A Parallel Story: U.S. Coal Auctions Without Buyers”
You apparently edit the title which is now misleading.
Although predominantly about coal, it mentions the end of the fossil era and the hydrocarbon experts as a group.
The article cleverly uses the rut of coal too the rest of the fossil industry, but I think this is not (yet) the case.
Nah, it natural gas will become too expensive at some point too.
But it’s competing with batteries, not PV panels. So it will take a longer time ti get there.
So we need more Ukrainean special operations … /s