Global thermal coal long-term outlook H2 2017: Charting a path through adversity
Thermal coal markets are in structural decline and consumption has already peaked, though seaborne imports will still show some long-term growth. A transition is well underway to a world that consumes coal intelligently and produces more efficiently, emphasizes renewables, and uses more gas. Yet there are major technical hurdles to reaching this brave, new, "renewable" world. Accordingly, coal consumption will remain substantial for years to come.