U.S. coal export volumes are down 12.7 percent in the first four months of this year and the outlook looks even worse for 2020.
An Australian court has refused permission for the creation of a coking-coal mine in New South Wales on the grounds that it would adversely contribute to greenhouse gas (GHG) emissions and would set back the fight against climate change. Legal scholars are hailing the decision as a “hugely significant” ruling.