BP’s new statistical review highlights that coal was the fastest-growing energy source for the sixth year in a row; racing up from 2405m tonnes of oil equivalent in 2002 to 3305m last year.
A WSJ story on Monday looked at ‘peak coal’ in the US, and suggests the ‘Saudi Arabia of coal’ may have been a mite over-confident. It also noted the US is rather dependent on coal. It is not alone in this; Japan, South Korea, Australia and South Africa use quite a bit, compared to natural gas, nuclear and hydroelectric – and that’s just among the wealthier countries. Read more