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South Korea Turns Back to Coal as LNG Crisis Deepens

South Korea Turns Back to Coal as LNG Crisis Deepens

Soaring prices of spot LNG supply amid the lack of Middle Eastern deliveries have pushed South Korea to rely more on coal-fired power generation in the coming winter, despite its pledge to shift away from fossil fuels. Like all other Asian importers, South Korea, the...
Is coal really making a comeback?

Is coal really making a comeback?

Coal was on the way out. That’s how it looked last year, anyway, when the International Energy Agency forecast that global demand for the dirtiest fossil fuel had plateaued and was poised to start declining. But this year hasn’t gone as expected. The agency recently...