Peak Coal Crisis
The Peak Coal crisis is a critical historical event in the early part of this century, Commencing in the 7620s and lasting until the early 7650s when energy reorganisation and the advent of commercial nuclear power broke the stranglehold of an energy-starved driven stagnation of the global economy. The crisis has its roots in the turn of the century conflicts such as the Wolgos Scourge, which consumed a great number of coal reserves and accelerated the consumption of known coal deposits. By the early 7620's, the vast majority of commercially exploitable deposits and mines had reached the point of diminishing returns or exhaustion, which vastly inflated coal prices and set off a series of scrambles and conflicts to secure energy stability and survival.
Timeline
7620'sThe Beginning of the Crisis
Coal mines in most regions of Anaria, North Tharna, Altaia, North and West D'runia Anarian and West Davai coal mines reach a point of diminishing yields despite investing in deeper and more extensive mines. Poor-quality coal dominates the market, and exports dwindle to meager levels as prices sky rocket.
By the mid-7620's, new mines in far-flung regions of the planet with poor infrastructure were discovered by colonial authorities and commercial prospectors. Nevertheless, the new mines of south D'runia, Central Davia, the north Hayrand Shield and the Raian Varodhan mountains are of exemplarily low quality and insufficient to meet pre-crisis demand in its entirety. The nascent Hergom ep Skorwos fails to prospect commercial coal deposits in Kupeya, with only very limited deposits found.
A bidding market and development that leaves all poorer counties entirely out of the coal market, collapsing industry in less developed nations, and returning many to pre-industrial production and transport methods. The remaining colonial powers formed coal cartels to supply the needs of their homelands and allies.
Peat exploitation commences in earnest, and Wealthier nations without stable coal resources begin to extend credit lines to poor nations for the development of vast sugar plantations to produce ethanol. Measures that would help many nations prevent total collapse but nevertheless experience de-industrialisation to varying extents.