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Ashutosh Mishra

Chartered Accountant • 1y

"𝗔𝗺𝗶𝗱 𝘁𝗵𝗲 𝗚𝗿𝗲𝗲𝗻 𝗘𝗻𝗲𝗿𝗴𝘆 𝗣𝘂𝘀𝗵, 𝗖𝗼𝗮𝗹 𝗖𝗼𝗻𝘀𝘂𝗺𝗽𝘁𝗶𝗼𝗻 𝗛𝗶𝘁𝘀 𝗥𝗲𝗰𝗼𝗿𝗱 𝗛𝗶𝗴𝗵 𝗶𝗻 𝟮𝟬𝟮𝟯" In a world increasingly focused on green and renewable energy, the see coal consumption reach record levels. According to the 𝗦𝘁𝗮𝘁𝗶𝘀𝘁𝗶𝗰𝗮𝗹 𝗥𝗲𝘃𝗶𝗲𝘄 𝗼𝗳 𝗪𝗼𝗿𝗹𝗱 𝗘𝗻𝗲𝗿𝗴𝘆 𝗥𝗲𝗽𝗼𝗿𝘁, coal consumption increased by 1.6% in 2023, breaching 164 EJ for the first time ever. This growth was higher than the ten-year average, reflecting the ongoing global demand for energy despite the transition efforts toward cleaner sources. 𝗖𝗵𝗶𝗻𝗮 𝗮𝗹𝗼𝗻𝗲 𝗮𝗰𝗰𝗼𝘂𝗻𝘁𝗶𝗻𝗴 𝗳𝗼𝗿 𝟱𝟲% 𝗼𝗳 𝘁𝗵𝗲 𝘄𝗼𝗿𝗹𝗱’𝘀 𝘁𝗼𝘁𝗮𝗹 𝗰𝗼𝗮𝗹 𝗰𝗼𝗻𝘀𝘂𝗺𝗽𝘁𝗶𝗼𝗻, while 𝗜𝗻𝗱𝗶𝗮'𝘀 𝘀𝗵𝗮𝗿𝗲 𝘀𝘁𝗼𝗼𝗱 𝗮𝘁 𝟭𝟯.𝟰% 𝗶𝗻 𝟮𝟬𝟮𝟯, it exceeded the combined consumption of Europe and North America. As discussions around decarbonization intensify, this trend highlights the complexities and challenges in transitioning to a greener energy future. PC- Elements

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