Europe Switches to Coal as US Gas Switch Drives Down Emissions?

~ The Rebel ~ 2012/07/14 06:09:40
Here’s a tester for you. Which raft of energy policies gets proven ‘greener’ results? Is it the anti-fossil fuel, cap-and-trade regulatory regimes of socialist Europe? Or is it the path of technological innovation set by the ‘evil’ capitalists in the Kyoto-eschewing Bush White House?

In what has to be the irony of ironies, Europe’s consumption of coal grew by 3.3 percent in 2011.

Not that the U.S. coal industry is suffering from the domestic switch to gas, you understand. America’s high-quality coal has had no trouble finding an alternative and lucrative market: Europe. And U.S. coal exports to Europe are only set to increase further.

Far from moving away from burning ‘dirty’ coal, global consumption is rising. According to the BP Statistical Review of World Energy released in mid-June, global energy consumption grew by 2.5 percent in 201l in line with long-term trends. However, global coal production also increased last year by almost half a billion tonnes. That’s exceptional. It represents a 6 percent increase in a single year and tops an annual average growth rate of 4.6 percent a year over the last decade. In short, King Coal almost edged out oil as the world’s leading energy resource in 201l hitting 30 percent of global energy consumption. And it is set to surpass (and probably already has) oil as the world’s most important commodity in 2012.

Read More: http://www.canadafreepress.com/index.php/article/4...

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  • ed 2012/07/14 10:39:52
    good ,but I think we have had obama close at least five plants now if we sell our coal to Europe then we should re open any plants that were closed by obama.
  • ~ The Rebel ~ 2012/07/14 06:10:24
    ~ The Rebel ~
    In stark contrast to the U.S., Europe’s use of natural gas fell last year by 2.1 percent as gas-fired plants that needed only half the number of carbon permits, became increasingly uncompetitive. Prices fell sharply by 17 percent to just 8 euros a tonne. Indeed, so expensive has gas become in Europe that the major players like EON and RWE are considering shutting down their gas-fired plants entirely by 2015. Coal – the literal bête noire for all green politicos – is the only viable alternative.


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2016/02/09 03:19:30

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