Is China Finally Kicking Its Coal Addiction?

Image: The first half of 2014 saw China's first decline in total coal consumption in over a decade.

huffingtonpost.com - September 12th, 2014 - Matt Sheehan

It may be difficult to see through the putrid smog, but major changes appear to be taking shape in China’s coal industry. So far this year, Chinese coal consumption has hit two major milestones: Coal consumption through June and coal imports through August both dropped for the first time in over a decade.

Environmental activists aren't yet popping the Champagne, but taken together, these data points suggest that market forces and government mandates are causing China's decadelong coal binge to finally peak and potentially sputter.

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