Asia and the fall of coal
The sudden shift, years ahead of schedule, from coal toward renewables is remaking Asia’s energy economy – with repercussions to be felt across the world. The present – and future – does not look good for what, only a few years ago, seemed like a sure long-term bet: Coal.
“Solar is competing head to head with coal in India and winning… and in China coal use is declining, the solar market is booming. These are not temporary anomalies but rather seismic shifts,” said Nicole Ghio, senior campaign representative for the Sierra Club’s International Climate and Energy Campaign.
