Post
Topic
Board Economics
Merits 2 from 1 user
Re: Russian Gas ban - A problem for Europe or suicide for Russia?
by
0verseer
on 16/07/2022, 16:59:10 UTC
⭐ Merited by pooya87 (2)
Some interesting news might be related to Natural Gas. China seems likely to drop the ban on Aussie's Coal to meet its energy demand as Natural Gas prices become so high. Some EU countries have also made some moves to turn on the old Coal plants. Do you think Coal prices will increase more in the future as more countries turn to it as an alternative to Natural Gas? Other than the obvious that Coal has more CO2 emissions compared to Natural Gas, do you think even with the increase in price for Coal in the foreseen future, it's still cheaper and less political burden compare to Natural Gas in the long run?
Pic source to @Trinhnomics