Although coal demand is expected to decrease this year, it will remain largely stable until 2024, driven by continued strong demand in major Asian economies such as India and China, the International Energy Agency (IEA) said in its Coal 2019 report on Tuesday. While coal-fired electricity generation in the United States and Europe is falling to levels unseen in decades, major Asian markets, including India and Southeast Asia, and the world’s biggest coal producer and consumer, China, will keep overall global coal demand steady over the next five years. This year, global coal demand is set to see its largest ever decline of more than 2.5 percent, but it’s too early to say if this drop could be the beginning of a lasting trend, the Paris-based agency said . In the U.S. and Europe, coal demand is falling dramatically, but China continues to prop up the market for coal. […]