Coal has seen lessening EU energy crisis CO2 emissions expected to rise this year Shippers aided by growing coal trade Coal will help solve the European Union’s current energy price squeeze, even while the Russia-Ukraine crisis is expected overall to speed up actions towards the energy transition, participants in a shipping panel at the FT Commodities Global Summit said March 23. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now “The only commodity that can help solve the energy crisis in Europe in the short term is coal,” said Sveinung Stohle, deputy CEO of Greek-based shipping company Angelicoussis Group. “Like it or not, coal will play a very important role.” CO2 emissions are set to hit a record high in 2022, growing 2.5% over 2021, despite greater focus on climate and the continuing impact of the COVID-19 pandemic, S&P Global Commodity Insights Analytics said […]