Albo’s idiots set course for coal
Yesterday, LVO argued that coal use is still rising using this chart. I will make the basic point that LVO overlooked: in economics, the rate of change matters more than the absolute amount. In those terms, coal use is clearly slowing fast, notwithstanding the recent surge in AI-related demand and post-COVID shocks The IEA put out The post Albo’s idiots set course for coal appeared first on…
We haven't written up this one. MacroBusiness has the full story — the link below goes straight to it.
