Monitor Global Outlook quotes Energy & Environment Program Acting Director Mihaela Carstei what role the Ukraine crisis will have on coal usage in Europe:
There is political risk, too. Ukraine’s vast recoverable coal reserves – the world’s seventh largest and Europe’s second – lie mostly in the east’s Donets Basin. If Donetsk goes the way of Crimea, Kiev will lose access to yet another critical supply of resource wealth it has leaned on for energy security.
“It would be a huge loss,” says Mihaela Carstei, acting director of energy and environment at the Washington-based Atlantic Council. “It’s not just the resources, but also the mining infrastructure and industrial base.”