Demand for thermal coal used by the power sector was supported by low rainfall in the south of China, which saw output from hydropower facilities in provinces such as Sichuan and Yunnan slide.
Coal use leads to droughts, which reduces Hydro performance, which leads to greater coal use…
China needs power and they’re capped out on renewables manufacturing capacity.
The cleaner option is natural gas, but nobody seems willing to give China access to natural gas and oil reserves for some reason…