Coal Surge in Asia Amid Iran War
Irvine News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Asian countries, including India, South Korea, Indonesia, Thailand, the Philippines, and Vietnam, are increasing coal usage due to disrupted liquefied natural gas shipments caused by the Iran war. This shift is causing concern over worsening air pollution and potential delays in the transition to renewable energy sources. Coal prices have surged, impacting importers in Southeast Asia, and countries with significant fossil fuel investments risk setting precedents that could delay coal phase-outs.
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