INSIGHTS FROM PICO ANALYTICS

Sustainable Finance News and Insights to help you navigate the current financial climate.

Coal, Climate Crisis, Environment Mya Sharma Coal, Climate Crisis, Environment Mya Sharma

The Decline of Coal: Are we Doing Enough?

Coal is the most carbon intensive fossil fuel which when burned, directly leads to the production of carbon dioxide and the subsequent warming of the earth. Currently, 37% of the world’s electricity and over 70% of the world’s steel is produced using coal. In order to prevent global warming, there must be a united global effort to reduce our coal consumption.

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