Matt Mackowiak, Director Government Affairs at Core Natural Resources (NYSE: CNR) points out that although many have declared that coal is dead, its use worldwide is actually on the rise and it will continue to play a key role in energy systems for years to come. Matt breaks down the supply-demand dynamics for coal, why coal is a crucial commodity, and how Core Natural Resources fits into the picture, with their significant metallurgical and high calorific value thermal coal production in the United States.
00:00 Introduction
00:28 Record Breaking Coal Demand
03:03 Metallurgical Versus Thermal Coal
04:01 Coal Supply-Demand Dynamics
05:17 Reality of the Energy Transition
06:46 Hydrocarbon Use Rising
07:59 Not So Fast Campaign
09:23 India and China Coal Ramp
10:40 US Government Support for Coal
13:05 Return to Market Principles
14:01 Overview of Core Natural Resources
15:48 Team Behind Core
17:07 Relationship With Government
18:26 Core’s Innovation Group
20:51 Final Words on Coal and Core
Credit to : Commodity Culture