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Coal projects still lure funding for Asia demand: industry body

World Coal Association CEO says 'many have been silent in public'

Coal's global demand dropped by 1.8% in 2019 after growing by about 1% in both 2017 and 2018.   © Reuters

TOKYO -- The chief executive of the World Coal Association said the industry will not lack for investors willing to fund new coal projects, including mines and power plants, despite moves around the world to divest from such projects.

Coal emits more greenhouse gases when burned for electricity generation than other fossil fuels such as natural gas, and more governments and companies are moving away from it.

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