KOL - KOL: Coal Could Be A Surprising Winner From The Pandemic

One of the things that many environmentalists liked about the outbreak of the novel coronavirus pandemic is that it reduced carbon emissions. After all, after the stay-at-home orders were issued and the economy was shut down, people were using much less fuel for either travel or other commercial uses. In addition to this, many oil and gas companies cut back on the development of new fields, which could result in oil consumption being lower than previously for an extended period. However, a recent report from Rystad Energy shows that they may have been overly optimistic

Read more ...