Cheap Natural Gas Is About to Kick More Coal Out of Europe
גז טבעי זול יסלק את הפחם מאירופה
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Cheaper natural gas prices this year are likely to cement Europe’s shift away from coal as a fuel for producing power.
Abnormally mild winter weather has cut demand for the fuel as a flood of new supplies entered the world’s biggest gas market. That along with higher costs for carbon-emissions allowances has tilted the economics of generating electricity away from coal and toward using more gas.