Your Daily Brief For December 19th

Your Daily Brief For December 19th

about 1 year ago1 min

Your Daily Brief is ready: a rundown of the top two News Stories each day.

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Your Brief Summary

In today’s Daily Brief, we'll be looking at a report out from the International Energy Agency that shows coal use is on track to reach an all-time high this year.

"Countries the world over pledged to cut down on coal, but things didn't work out that way: the outbreak of war in Europe left the region scrambling for alternatives and ultimately resorting to the black stuff."

Key takeaways:

  • Coal use is set to reach a record high this year as the war in Europe triggered an energy crisis
  • Hedge funds think bitcoin miners are on thin ice: bitcoin has fallen two-thirds this year, and the recent collapse of FTX only made matters worse


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