#19 Coal- Almost Burnt Out
Coal has been one of the most exploited natural resources. Why do we say so is well explained by Reuters “U.S. coal is experiencing an unprecedented (and likely irreversible) decline, as utility companies are shutting down coal facilities, not building new ones, and instead of switching to more cost-effective energy sources like natural gas, solar, and wind.”
Nothing that we do today can escape the fact that the coal market is plunging. According to Forbes “the future of energy is currently torn between natural gas and renewables, with natural gas likely to take over in the short term.”
Nonetheless, such fast depletion of a powerful form of energy resource like coal is rather alarming.