European and Asian demand for coal has spiked, causing US coal exports from January to May to increase by 60 percent compared to the same time period in 2016.
A recent draft of the US Department of Energy study on renewable energy states that 'significantly higher levels of renewable energy can be integrated without compromise of system reliability.'
After a Chinese investment in renewable energy, Pakistan opens a new wind farm to bolster energy production and decrease reliance on fossil fuels.
The president-elect has promised to 'bring the coal industry back 100 percent.' Market forces suggest differently.
Once OPEC nations wielded price-shaping clout. But a US fracking boom, the return of Iran to world markets, and global urgency about carbon emissions changed the mind-set for OPEC titan Saudi Arabia.