December 19, 2012

Coal IS the Energy Future

The International Energy Agency reported on December 17, 2012 that coal [and not renewables] will increasingly dominate the worlds energy future over the next 5 year period

see,34441,en.html :

"Coal’s share of the global energy mix continues to rise, and by 2017 coal will come close to surpassing oil as the world’s top energy source, the International Energy Agency (IEA) said today as it released its annual Medium-Term Coal Market Report (MCMR).
...China and India lead the growth in coal consumption over the next five years. The report says China will surpass the rest of the world in coal demand during the outlook period, while India will become the largest seaborne coal importer and second-largest consumer, surpassing the United States.
... carbon capture and sequestration (CCS) will not be available during the outlook period. “CCS technologies are not taking off as once expected, which means CO2 emissions will keep growing substantially..."

No comments: