Asia’s coal sector sees long, prosperous life despite transition

The coal industry no longer believes that renewable energies can be deployed fast enough, cheaply enough and at sufficient scale to push fossil fuels out of Asia’s energy mix. — Reuters

ASIA’S coal sector has gone from thinking they are in terminal decline as the world shifts to a net-zero carbon future to seeing themselves as being a part of the energy mix for decades to come, while raking in profits.

The bullish narrative was on full display at the industry’s biggest gathering, the Coaltrans Asia conference held this week on the Indonesian resort island of Bali.