Glencore’s (GLEN.L) deal to buy Teck Resources’ (TECKb.TO) steelmaking coal unit shows how cheap fossil fuels can be a lucrative option for companies – for a decade or two at least – even as they are phased out in favour of renewable energy.
Glencore’s (GLEN.L) deal to buy Teck Resources’ (TECKb.TO) steelmaking coal unit shows how cheap fossil fuels can be a lucrative option for companies – for a decade or two at least – even as they are phased out in favour of renewable energy.