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As a fossil fuel burned for heat, coal supplies about a quarter of the world's primary energy and two-fifths of its electricity. [4] The largest consumer and importer of coal is China. China mines almost half the world's coal, followed by India with about a tenth. Australia accounts for about a third of world coal exports, followed by Indonesia ...
The prominence of coal power in Russia has been declining since 1990, although Russia has among the largest coal reserves in the world. [2] Russia is the fifth largest consumer of coal in the world and is the sixth largest producer of coal. [3] It is also the world's third largest coal exporter, vying with Australia and Indonesia for markets. [4]
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The commission set the price of gas below the market rate, resulting in price distortions. The low prices encouraged consumption and discouraged production. By the 1970s, there were shortages of price-regulated interstate gas, while unregulated gas within the gas-producing states (intrastate gas) was plentiful, but more expensive.