Australian Broadcasting Corporation: While some are calling the current depressed state of the coal market "the end of coal", a new study has revealed it is actually undergoing a renaissance.
In fact, global coal consumption has risen dramatically in the past decade according to the paper, published in the Proceedings of the National Academy of Sciences of the United States.
The amount of coal consumed by developing and emerging countries has risen from one gigatonne in 1990 to 3.7 gigatonnes in 2011.
Mercator Research Institute...