US government to auction 600 million tonnes of coal: Who will buy? Climate concerns loom

US authorities are auctioning 600 million tonnes of coal from federal lands, expedited by a Trump executive order, despite many power stations planning to cease coal use within a decade. While the administration cites rising electricity demand, declining market forecasts and low valuations from key buyers like NTEC raise questions about the actual demand for this coal.

from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/WGb2DLu