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As some component lead times push into 2023, the shortage is expected to last 24 months before it recedes – similar to the chip shortage of 2008-2009. Within a week of Russian troops crossing into Ukraine, the benchmark for thermal coal prices reached a record high of $446 per metric ton. Deloitte Global). AlixPartners). Deloitte ).
A steep, across-the-board decline in imported cargo , exports and empty containers during March dropped volumes at several major ports to levels not seen since before the COVID-19 pandemic. terawatt-hours of solar power would eliminate more than 112 million metric tons of carbon dioxide emissions annually, the report found.
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