Coal is big, and getting bigger. As oil and natural gas prices soar, the world is relying ever more on the cheap, black-burning mainstay of the Industrial Revolution. Mining companies are racing into Africa. Workers are laying miles of new railroad track to haul coal from the Powder River Basin in Wyoming and Montana. And nowhere is coal bigger than in China.More bad news… For all the innovative ideas we cover and all the reports of rising awareness about the environment, reality is still bleak. This article is extremely informative and it comes as no surprise that China is leading the way considering the previous post…
Some further reading and background on coal, from the article:
· Worldwide demand for coal dipped at the end of the 20th century, but is now back up and projected to rise 60 percent by 2030 to 6.9 billion tons a year, according to the International Energy Agency.
· Today, most coal goes to electrical power plants. In developing nations such as India, China and Africa, coal is the staple — and affordable — source of fuel with which families run their first washing machines and televisions.
· Worldwide electricity consumption is expected to double by 2030, the World Energy Council says.
· In America, about 150 new coal-fired electrical plants are proposed over the next decade. In China, there are plans for a coal-fired power plant to go on line nearly every week. Emissions from these plants alone could nullify the cuts made by Europe, Japan and other rich nations under the Kyoto Protocol treaty, according to a report from the Woodrow Wilson International Center for Scholars in Washington.
· China mined a record 2.4 billion tons of coal in 2006, up 8.1 percent from a year earlier. But even that can't keep boilers and blast furnaces stoked in an economy growing more than 10 percent a year. So China became a net coal importer for the first time this year.
· China is the world's biggest consumer and producer of coal, but it's far from the only one. U.S. coal production hit a record 1.2 billion tons last year, according to the National Mining Association, and is forecast by the government to rise 50 percent by 2030. Yet the United States rejected the Kyoto Protocol, arguing that the required emissions cuts could slow economic growth.
· Rising demand can be met because coal is the Earth's most abundant fossil fuel, with reserves expected to last some 250 years — far longer than forecasts for petroleum. And whether in China, India, the United States or Europe, coal is available at home, away from the instability of the Middle East.