Not only have critics called coal’s demise prematurely, but those investors who’ve ridden this unexpected wave have made a killing, writes davidaamckay.
With equities and bonds across the world in flux, one investment has stood out as the unlikely success story of 2022: dirty coal.
The cognitive dissonance couldn’t be more stark. Even as global climate commitments require countries to switch from coal to greener energy, the world is now having to burn coal at near-record levels to keep the lights on...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and TimesLive Premium.
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Dirty money: the future of coal in SAThe coal party is red hot, despite a banking sector that left coal miners for dead. Though coal investors have made a mint this year, the party is almost over
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Dirty money: the future of coal in SAThe coal party is red hot, despite a banking sector that left coal miners for dead. Though coal investors have made a mint this year, the party is almost over, writes davidaamckay.
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Dirty money: the future of coal in SAThe coal party is red hot, despite a banking sector that left coal miners for dead. Though coal investors have made a mint this year, the party is almost over, writes davidaamckay.
Read more »
Dirty money: the future of coal in SAThe coal party is red hot, despite a banking sector that left coal miners for dead. Though coal investors have made a mint this year, the party is almost over
Read more »