Sunday, May 17, 2026

OPINION_ International Energy Agency Is Wrong to Forecast Coal’s Demise (Tom Harris - THE EPOCH TIMES)

THE EPOCH TIMES

International Energy Agency Is Wrong to Forecast Coal’s Demise


A dragline works in coal pits in front of the SaskPower Shand Power Station south of Estevan, Saskatchewan, in a file photo. The Canadian Press/Troy Fleece

Tom Harris
5/16/2026|Updated: 5/17/2026

Commentary

Activists would have us believe that coal is a dying energy source. But, thankfully for American coal states such as West Virginia and the Canadian provinces of Saskatchewan and Nova Scotia—all of which use millions of tonnes of coal every year to generate electricity—that is not even remotely true.

The Kobeissi Letter, an industry-leading commentary on global capital markets, writes that the world is burning more coal now than ever, reaching a record 8.85 billion metric tonnes annual consumption by the end of 2025. Since 2020, annual coal consumption has increased by 1.40 billion tonnes.

Most of this has come from China, of course, which makes up about 55 percent of global coal consumption (the United States makes up about 5 percent of global consumption). Although the International Energy Agency (IEA) predicts a decline in demand over the next five years, The Kobeissi Letter more realistically predicts that demand will continue to rise, and points out that ...

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READ MORE: https://www.theepochtimes.com/opinion/international-energy-agency-is-wrong-to-forecast-coals-demise-6026450?ea_src=frontpage&ea_med=section-1

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