Financial News

India’s 2023 Coal Consumption Eclipsed Combined European, North American Use

The consumption of energy globally in 2023 increased greatly, with crude oil and coal pushing fossil-fuel emissions to new heights. The consumption of coal in India stood at 21.93 exajoules, which equals about 748 million tons of coal equivalent (Mtce). This figure was significantly greater than the usage in Europe and North America combined.

The latest data from the statistical review of global energy 2023 conducted by the Energy Institute shows that Europe consumed 286 Mtce while…

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