Oil Costs Are Up. Coal Received’t Be So Fortunate.

Even China’s voracious urge for food for thermal coal hasn’t been capable of arrest sliding costs of the dirtiest fossil gasoline. Blame an inflow of provide from Indonesia and Australia, and an uptick in coal mining globally.

Regardless of widespread perceptions that the coal business is below menace, output is definitely hitting new data—at the very least outdoors the U.S. and EU.