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There were lots of buyers of coal at the time UK mines closed, but other sellers were able to supply at a lower price. There continue to be buyers of coal now,
by harvey9 4y ago
There were lots of buyers of coal at the time UK mines closed, but other sellers were able to supply at a lower price.
There continue to be buyers of coal now, and indeed the UK recently approved a new mine
https://www.bbc.co.uk/news/uk-politics-63892381 https://www.bbc.co.uk/news/uk-politics-63892381
- frankreyes 4y agoYes, basic Economics, price is determined at the margins. Europe is learning the hard way that fossil fuels are the best energy supply to heat your homes. There's no sun shining in the UK and for some reason you want to run on solar power to heat your homes? Tell me about madness