Known coal reserves are all over the place and can power the world three times longer than known oil reserves at current consumption rates.
South Korea, Japan, China, and India can more easily switch right now to coal from the LNG lost due to the Iran war, Taiwan, Pakistan, Bangladesh, Vietnam, and the Philippines not so much.
... India is another major importer of Middle Eastern L.N.G. that is likely to pivot significantly to coal, according to Wood Mackenzie. It has vast domestic reserves, and since the outbreak of the war, New Delhi has issued directives to maximize coal-fired output, ordering coal plants to operate at full capacity for three months starting in April.
China likewise possesses huge domestic coal reserves, which, alongside gas piped in from Russia and a world-leading wind and solar fleet tied to the world’s largest energy storage network, have shielded the country from the worst of the L.N.G. supply shocks. ...
