While a handful of countries are fortunate enough to have sufficient domestic production, many others must go to the $3 trillion global crude market for their energy needs.
As worldwide demand for coal stalls, some experts believe the industry is now in such dire straits that it won’t be able to compete with renewables in future.
Coal, oil and gas sectors warned that trillions of dollars of assets could be stranded if a global agreement on limiting climate change is reached at the UN summit in Paris