Is Paris the beginning of the end for coal? Coal burning is declining fast in both of the world's two largest carbon dioxide emitters, China and the the United States, with resulting declines in the emissions of both countries. The fuel looks incompatible with a world that warms by no more than two degrees Celsius, bringing calls for its rapid phaseout as the world is "decarbonized." But, with or without a deal here in Paris later this week, will the calls be heeded? Has the demise of King Coal been greatly exaggerated? In the U.S., "coal has gone from boom to bust," says Michael Brune, executive director of the Sierra Club. The black stuff's share of electricity generation has sunk from 53 percent to 35 percent in just five years.