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June 15, 2017

World coal production falls off a cliff

  • Industry
  • Energy – Despite entreaties by the U.S. President, coal production is declining worldwide, putting the new Administration on the opposite side of a trend.

Trump last week was touting the opening of a new mine in Pennsylvania as having benefitted from his government's coal deregulation measures, even though the mine had actually planned to restart a year ago, prior to Trump being elected.

Now a new report from BP Plc, which reviews global energy trends every year, says that in 2016, U.S. demand for coal plummeted 33.4 million tons of oil equivalent to 358.4 million – a level not seen since the 1970s. China, the world's largest energy consumer, burned the least coal in six years. Consumption of coal fell in every continent except Africa.


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