Roman Belousov: The Impact of Green Energy on Coal

In the 21st century, the energy industry is experiencing a turning point: renewable sources are gradually displacing coal, which for many years was the backbone of the global economy. Roman Belousov analyzes how the development of solar and wind power, government support, and environmental regulations are changing the coal industry’s position. He examines the economic risks for coal companies, the geopolitical implications of the transition to green technologies, and the social challenges associated with mine closures. The author emphasizes that a complete phase-out of coal in the coming decades is unlikely, but the long-term trend points to a diminishing role for coal and the growing importance of clean energy.