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Josh Crumb: Global Commodity Outlook & Building ABAXX
Value Hive Podcast
Coal's Long Shadow in Asia
Most major cities in Asia continue to rely heavily on coal for power, reflecting a delayed transition to cleaner energy sources compared to the United States, where coal gas switching has already occurred. The current trend indicates that natural gas is now more cost-effective than lignite and coal in Europe, largely due to new LNG infrastructure developed to compensate for reduced Russian gas supplies. However, Asia's journey towards energy diversification and reduced resource consumption remains lengthy, signaling a slow consolidation of energy practices.
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