So coal doesn't have value anymore? Don't tell that to China, Australia, India, Russia or others. If it's used ina clean manner it still has great value and is a legitimate industry. $$$$$
The Top 10 Coal Producers Worldwide
Coal is the key to the worldwide structure of energy. It accounts for about 40% of the world’s electricity production, hence it is a leading source of electricity. It will soon replace oil and become the largest source of primary energy. Coal dominates the global energy arena due to its abundance, affordability and wide distribution across the world. Coal reserves are estimated at 869 billion tons based on the current production rate. This means that coal should last about 115 years longer compared to the conventional reserves of oil and gas. Especially noteworthy are the significant coal reserves in Asia and southern Africa, two areas of the world that face major challenges in supplying energy to their populations. Coal reserves are highly underestimated in comparison with conventional reserves of oil and gas.
The ten leading countries based on hard coal production
China is the chief coal producer while the United States comes in second. Other major coal producers are
India and Australia. Five countries, namely China, the United States,
Russia, India and Japan accounted for over 75% of worldwide coal consumption. Despite the swift deployment of renewable energy, mainly in the background of debates around climate change, it is coal that is responsible for the largest upsurge in energy requirement of all energy sources.
Approximately 90% of the total global coal is produced by ten countries with China running in the lead. The statistics below show countries that have substantial coal resources. The data has been based on a wide assortment of material, as well as data acquired from the World Energy Council and both national and international publications.