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If they want to make one big green gesture, though, leaders could most usefully agree to phase out the subsidies they pay for the dirtiest fuels, particularly coal.
ECONOMIST: The Johannesburg summit
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The metals and coal sectors aren't demand driven, but they are price sensitive to the dearth of incremental supply, particularly coal, iron ore and even copper with all its mine outages.
FORBES: Magazine Article
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But these efforts will not immediately offset the amount of power the eight forgone plants were expected to produce, meaning that new power plants, particularly coal plants, will be needed to fill the energy deficit.
FORBES: Magazine Article