Coal Power Generation Falls Despite Energy Crisis

Despite record high natural gas prices and a worldwide energy crisis, global coal-powered generation fell in the year's first half, defying forecasts of high coal consumption in the electricity sector. As a result, emissions also dropped in the first half of 2022, despite a rise in overall power demand and Europe resorting to coal-fired power capacity amid surging natural gas prices and reduced imports of pipeline gas from Russia.   These trends, analyzed in a report by S&P Global Commodity Insights cited by The Wall Street Journal, showed…