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Energy: On decarbonization players
  • The reason why coal is used: unlike oil and gas, coal is distributed more or less evenly around the planet. There are significantly fewer countries where it does not exist than countries where it is. The question is not to supply it to the international market, but to use it for yourself. It is more convenient than gas; there is no need for pipelines or transportation by any means of transport. In the end, there is no need to equip underground gas storage facilities, to comply with the requirements of the third energy package. Where Mother Nature has allowed, there will be UGH. And it is not always where there are industrial centers, accordingly, it is necessary to install pipelines, and all this is quite expensive. Nothing like that with coal.

    The whole story with the decarbonization of coal comes from countries where coal reserves have either run out or are running out. The activists are England and Germany, which had significant coal reserves, but they simply ran out. The initiative is clear: “We have no coal, we cannot supply it to you and get into this business, we don’t like it”.

    This is reality.