Coal combustion is the leading cause of climate change. Despite this, the world coal consumption rose rapidly in the last few decades. However growing environmental concerns are set to put pressure on coal consumption. Curbing coal utilization will be one of the main focus points of the struggle against climate change. In this EDAM discussion paper, Research Assistant Gökşin Bavbek discusses the latest developments in the world coal markets with a focus on the largest coal market in the world, China. Any developments in the world coal markets will have important consequences for Turkey which aims to significantly increase its coal-fired electricity capacity over the coming decades. The paper aims to analyze these potential impacts and provide an outlook into the future of coal energy in the world and in Turkey.