The global energy sector is at a turning point. Coal was once the main source of industrial and economic growth, but today its position is rapidly being eroded by green alternatives. Solar panels and wind turbines are becoming cheaper, governments are introducing incentives and emissions taxes, and banks are calling coal projects “risky assets.” Roman Bilousov examines why coal is losing influence, how this is changing the global balance of power, and why a complete transition away from it is not yet possible. This is the story of how environmental ambitions, politics, and economics are intertwined in the battle for the planet’s energy future.
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