Kingcoal's redemption : ESG backfire and China Australia trade war

In terms of energy, if anything I will call this age as CoalAge. Just an year ago, oil considered obsolete sticky, goey dinosaur juice which no one wants to consume or produce. Oil went negative for an hour, rates plummeted and producers were starved off the capital. It was perfect la la land for left activists, electric vehicles, renewable like solar and wind and a happy green world. Now coal and oil are having their days, with oil above 75$ per barrel and coal at 11year time highs. Soaring commodity prices made renewables unviable. Like it or not, we are in coal age. What are the catalyst I see in this sector to make it a decently performing sector in near future? First and most important, China Australia trade war and unofficial ban on Australian coal sent coal prices in North America and Asia soaring high. Secondly, earlier long term trend of ESG has led to capital starvation of coal producers, thus decreasing supply. Thirdly, the weather. More heat wav...