Cleaning up the coal act
Apr. 9th, 2008 by AlIt seems like the coal industry is having another fallacy about the reserves to supplement the fossil demand in our world.Is the 200 year reserve supply figures too optimistic in US?From Richard heinberg report.US coal production has passed its peak since 1998!
Down in China, the coal reserves reports has not been published for more than a decade. And as we speak , world reserve of coal estimate has been down by 60%!Meanwhile coal consumption of the world has not been stopped partly due to higher oil prices, this is not a joke considering coal provide one quarter of the world energy consumption.
Global Coal Peak
Global coal production will peak around 2020 according to the experts ,after oil and gas.China being the largest producer will be peaking around next 5 to 10 years followed by USA and we’re not talking about the best grade coal either.
Total global coal reserves sits at 900plus billions ton.A little more than half is of high quality energy grade whereas the rest is of lower quality.We’re cleaning up the coal for a higher air quality in a self centred manner whether we like it or not
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