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President Biden suspended oil and gas lease sales from public lands and waters leading to massive drop of supply - a full quarter of US oil&gas production. The
by lenkite 5y ago
President Biden suspended oil and gas lease sales from public lands and waters leading to massive drop of supply - a full quarter of US oil&gas production.
The era has artificially ended. Thanks to this there has been a great rebound in coal demand. India has now started constructing coal plants to meet coal demand https://www.reuters.com/world/india/exclusive-india-may-build-new-coal-plants-due-low-cost-despite-climate-change-2021-04-18/ https://www.reuters.com/world/india/exclusive-india-may-buil...
Coal is making a resurgence in the USA too
https://www.power-eng.com/coal/eia-u-s-coal-fired-generation-making-2021-rally-so-far/ https://www.power-eng.com/coal/eia-u-s-coal-fired-generation...
We are going to see the largest emissions in a decade thanks to the Coal rebound
https://www.greenqueen.com.hk/global-carbon-emissions-set-for-largest-rise-in-a-decade-as-coal-rebounds-2021/ https://www.greenqueen.com.hk/global-carbon-emissions-set-fo...
Congrats USA!