Follow The Money

Government action on fossil fuels in the
. . . . . . US,
. . . . . . China,
. . . . . . South Korea, and maybe
. . . . . . India,
. . . combined with:
. . . . . . investment in renewables,
. . . . . . distributed solar and
. . . . . . energy efficiency,
. . . constitute an “unprecedented risk,”
. . . to the traditional demand base for thermal coal,
. . . a new report details.

Germany’s coal demand was down 11% in the March quarter of 2014.

USA President Obama’s decision to regulate air pollution,
. . . combined with record solar installs and
. . . a resurgence in US wind installations,
. . . further spells the progressive decline in U.S. coal demand.

China is pursuing an energy policy that is based on
. . . funding and supporting energy sources other than coal.

India is the last major bastion of growth in imported coal demand,
. . . We question why India would lock in imported fossil fuel inflation,
. . . when domestic renewables are more commercially viable and
. . . can be rapidly deployed,
. . . without undermining India’s current account deficit.

Follow the Money:
. . . Global financial markets continue to facilitate,
. . . an increasing flow of capital to renewable energy.
We are also seeing an increased focus on the risks of,
. . . stranded fossil fuel assets,
. . . evidenced by growing divestiture trends.

06-09-2014 Source:  Follow the Money