Posted on 10/14/2013 11:51:37 PM PDT by TexGrill
Coal, propelled by rising use in China and India, will surpass oil as the key fuel for the global economy by 2020 despite government efforts to reduce carbon emissions, energy consultancy firm Wood Mackenzie said on Monday.
Global coal consumption is expected to rise by 25 percent by the end of the decade to 4,500 million tons of oil equivalent, overtaking oil at 4,400 million tons, according to Woodmac in a presentation at the World Energy Congress.
The two Asian powerhouses will need the comparatively cheaper fuel to power their economies, while demand in the United States, Europe and the rest of Asia will hold steady.
“China’s demand for coal will almost single-handedly propel the growth of coal as the dominant global fuel,” said William Durbin, president of global markets at Woodmac. “Unlike alternatives, it is plentiful and affordable.”
China - already the top consumer - will drive two-thirds of the growth in global coal use this decade. Half of China’s power generation capacity to be built between 2012 and 2020 will be coal-fired, said Woodmac.
(Excerpt) Read more at koreajoongangdaily.joins.com ...
America’s coal industry is meanwhile shut down
by al Qaeda and MB who now run the USA.
That’s not PC but you’re absolutely right!
Meanwhile our government is vigorously investing in ways of using pixie dust to power our collapsing industries.
We are under siege by the enemy who lives under the WH at night in his newly fortified bunker
“America’s coal industry is meanwhile shut down
by al Qaeda and MB who now run the USA.”
if you go to some extremist sites, they say ben Bernanke and jewish bankers run the world. is this the showdown predicted in the bible?
Why can’t we export environmentalists to these countries rather than our jobs?
Some of those idiots have already arrived in China:
http://carnegietsinghua.org/2013/04/25/governing-sustainability-globally/g1wy
George Soros funds the Carnegie Endowment Tsinghua University program. He deploys radical Leftist Americans to infiltrate the Chinese government, media and big business. They host training seminars so Chinese leaders and future leaders can learn more about the Obama Way and implement his Chicago thug tactics.
“George Soros funds the Carnegie Endowment Tsinghua University program. He deploys radical Leftist Americans to infiltrate the Chinese government, media and big business”
and just to be clear, soros and those people he’s deploying aren’t radical evangelical Christians, correct?
“if you go to some extremist sites, they say ben Bernanke and jewish bankers run the world. is this the showdown predicted in the bible?”
Nope, NAZI’s don’t actually have much to do with the Bible because it was written by Jews. (Only St. Luke was possibly a Gentile) Like other leftist they much prefer Mein Kampf along with works by Margaret Sanger, Voltaire, Obama and other antisemitic genocidal luminaries
I would assume so.
Coal is also the cheapest fuel.
From the article:
China has no alternative to coal, with its domestic gas output limited and liquefied natural gas (LNG) imports more costly than coal, Durbin said.
But you have to realize that the air over the USA will be clean, while all the other countries will be contaminated.
You see the air doesn’t move it stays in one country.
So Obama will have put our coal companies out of business and putting thousands of miners out of work , but our air will be clean. /s/
Cheap energy is not the Marxist way. You can’t control the masses if they have good paying jobs.
Pray America is Waking Up
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.