Good Read: Why Coal Will Keep Burning

“Coal has enjoyed nearly 200 years of continuous volume growth, with 1.6% annual growth in the past 100 years alone despite displacement of coal by oil in transportation.”

Good read on the relevance of coal / thermal. Substitution cost is just too high

https://www.bcg.com/en-in/publications/2018/why-coal-will-keep-burning.aspx

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