Europe Ramps Up Coal Imports As Alternative To Russian Gas

European buyers have had to temporarily set aside green aspirations in a rush for coal as the region’s energy crisis deepens, ramping up shipments from Australia, South America, Colombia, and South Africa while tightening the global market, according to Reuters.

Thermal coal is considered one of the most carbon-heavy energy sources and Europe had been weaning itself off the fuel to meet pollution regulations and climate targets, Reuters said.