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Analysis: Emerging markets to step up as China cuts coal habit

2013-10-22 06:09:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: Global thermal coal demand will shift away from China in coming years as it switches to cleaner energy, but emerging markets in the region will step in to grab some of that flow as they continue their race to industrialize. During the last decade global coal demand has largely been driven by a booming China, but in a move to curb pollution, the government is keen to switch to cleaner fuels to generate electricity, such as natural gas, nuclear and renewables. Even if China cuts back its coal...

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