Post by FutureCoal Limited

Ten years after the Paris Agreement, coal demand shows no sign of peaking. An insightful Financial Times article explores why global coal demand remains strong despite efforts to phase it out. Glencore CEO Gary Nagle observes, “In today’s world, the [ESG] pendulum has swung back, and recognises that coal — energy coal — is needed today as the world transitions.” FutureCoal Vice Chairman and Coal India Limited Chairman & Managing Director PM Prasad echoes this view: “We need to grow as an energy sector to fulfil our nation’s demands and our prime minister’s vision... we have to, since we have the world’s fifth-largest deposits of coal.” At FutureCoal, we continue to champion a balanced, pragmatic approach — one grounded in our Sustainable Coal Stewardship framework and aligned with national development priorities. Learn how coal can be sustainable: https://lnkd.in/eTEAsr6z Read the FT article: https://lnkd.in/eMwZTtvY #Coal #SustainableCoal #energy #ParisAgreement