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Global Coal Demand Peaks in 2024, U.S. Surges 7%

7/25/2025

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Summary

Story summary

The International Energy Agency predicts a peak in global coal demand in 2024, after which growth will stagnate. While China's appetite for coal is set to dip, the U.S. is projected to see a 7% increase. Meanwhile, Kazakhstan is capitalizing on soaring temperatures and electricity needs, boosting its coal exports to Europe by 14% in early 2025.

History

Historical Context

The 2015 Paris Agreement aimed to combat climate change by urging countries to reduce fossil fuel dependence. In that year, China consumed 50% of global coal, while the U.S. produced 900 million short tons. As Kazakhstan boosts coal exports to Europe, the ongoing tension between energy demands and climate goals highlights the complexities of transitioning to sustainable energy sources.

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Story summary

The International Energy Agency predicts a peak in global coal demand in 2024, after which growth will stagnate. While China's appetite for coal is set to dip, the U.S. is projected to see a 7% increase. Meanwhile, Kazakhstan is capitalizing on soaring temperatures and electricity needs, boosting its coal exports to Europe by 14% in early 2025.

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