January 13, 2025 - 16:40
In 2024, global coal consumption has surged to unprecedented levels, reaching 8.77 billion metric tons. This increase is primarily driven by a sharp rise in electricity demand that has outstripped the growth of renewable energy sources. Despite the well-documented environmental impacts associated with coal, it continues to play a significant role in the energy mix of many countries.
The International Energy Agency (IEA) highlighted that coal, often perceived as an outdated energy source, has actually seen its consumption double over the past thirty years. This trend indicates a persistent reliance on coal, particularly in regions where energy infrastructure is still heavily dependent on fossil fuels. The ongoing energy crisis, exacerbated by geopolitical tensions and economic challenges, has further solidified coal's position in the global energy landscape.
As nations grapple with the dual challenges of energy security and climate change, the short-term outlook for coal consumption appears to remain robust, complicating efforts to transition to cleaner energy alternatives.
September 16, 2025 - 02:34
Choice Properties REIT Confirms September Cash DistributionChoice Properties Real Estate Investment Trust has confirmed its cash distribution for September, declaring a dividend of C$0.064 per trust unit. This decision reflects the trust`s commitment to...
September 15, 2025 - 04:33
Mortgage Rates Update: September 14, 2025 – Small Increase in Purchase Rates, Decline in Refinance RatesAs of September 14, 2025, mortgage rates have shown a mixed but generally optimistic trend. The average 30-year fixed mortgage rate stands at 6.54%, slightly higher than last week`s 6.50%,...
September 14, 2025 - 02:22
Explore Your Dream Home: Open House Events This SundayThe Michael Houck Real Estate Team is excited to announce a series of four open house events taking place this Sunday. This is a fantastic opportunity for homebuyers to explore a variety of...
September 13, 2025 - 01:46
Northgate Industrial Park Recognized Among Top Real Estate Developments of 2025Northgate Industrial Park has been celebrated as a standout project for 2025, earning accolades from the Sacramento Business Journal for its innovative design and significant economic impact. This...