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Steep fall in global use of coal

Times 14th June 2017, Global coal usage fell steeply for the second year running in 2016, in what
BP hailed as a “decisive break from the past”.Spencer Dale, the oil giant’s
chief economist, highlighted the “stark” reversal in fortunes of the fuel
source, which has been driven by declines in China and the US, as arguably
the most striking feature in its annual statistical review of world energy,
published yesterday.

Britain recorded a 52.5 per cent drop in consumption
as coal power plants were forced out of the energy mix. That took UK coal
consumption back to levels not seen in almost two centuries, since the
industrial revolution.

Coal usage worldwide grew steadily from 2009 to
2013, driven by rising energy demand in Asia. Just four years ago it still
accounted for the largest share of growth in global energy consumption.
After plateauing in 2014, however, coal has declined steeply over the past
two years, falling by 1.7 per cent in 2016. https://www.thetimes.co.uk/edition/business/coal-industry-in-sharp-decline-as-world-turns-to-cleaner-fuel-nlsvqlqzf

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June 14, 2017 - Posted by | 2 WORLD, ENERGY

1 Comment »

  1. Coal mining did not ruin portions of the Gulf of Mexico nor did it destroy our once beautiful Gulf Coast. British Petroleum and Halliburton did.

    Comment by marblenecltr | June 14, 2017 | Reply


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