At the end of 2023, carbon emissions were (slowing) falling in the U.S. while the economy continued to rebound from 2020 and the pandemic. The coal consumption has been cut, even if it isn’t where global expectations are for the U.S., a reduction is a reduction. The decrease is not expected to fall drastically this year, but there will still be a reduction and every bit helps the environment as well as the push towards sustainable energy.
Furthermore, a reduction in coal (globally) will result in the decline of coal consumption in China by means of alternative energy sources. From my standpoint, there is an opportunity here to help China away from carbon consumption and emissions. I would be greatly upset to see that opportunity squandered, but I also understand the complications involved in dealing with a communist and secluded state.
