Poland's government is embroiled in a political scandal for failing to increase the nation's coal reserves. But Poland isn't the only country that is facing a dreadful scenario, there is a looming coal crisis over all of Europe. For Poland and Germany in particular, a fuel shortage would be devastating.
There is a new energy scarcity in town; move over, gas.
National capitals have been rushing to increase their gas reserves in preparation for the winter as Europe experiences its greatest energy crisis in decades due to the conflict in Ukraine. However, coal may soon be in limited supply as well.
Consumption is rising as a number of nations, like Austria and the Netherlands, either switch on old coal-fired plants again or increase current capacity to save on gas, despite the highly polluting fuel earning pariah status as the EU strives to cut emissions.
The issue is that the EU will soon lose its largest supply as the group imposed sanctions on Russian coal in April, pr...
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