Several nations have embarked on enduring climate strategies, intending to eliminate coal over the next few decades. Yet, owing to gas scarcity and the gradual growth of renewable energy capabilities, coal persists as a vital energy reservoir for power generation and industrial requisites in various areas.
Given the enduring reliance on coal, it could be wise to invest in fundamentally sound coal stocks SunCoke Energy, Inc. (SXC), CONSOL Energy Inc. (CEIX) and China Shenhua Energy Company Limited (CSUAY) for potential gains this December. Let’s understand this in more detail.
