TV News LIES

Thursday, Jun 22nd

Last update05:20:13 AM GMT

You are here News Energy Coal to equal oil as world's top energy source within 10 years

Coal to equal oil as world's top energy source within 10 years

E-mail Print PDF

Coal to equal oilThe International Energy Agency (IEA) says that coal will catch up with oil as the world's leading energy source by 2022. In a report, the Agency says that increased demand from India and China are fuelling the push.

Natural gas offers the best hope of reducing carbon emissions in the short term the report concludes. It comes as the European Union acknowledged that it has been unable to fund a single project to capture and store CO2.

Economic and population growth in developing countries are spurring the drive for coal says the IEA, If no changes are made to current policies, coal will catch oil within a decade”

By 2017 the agency says global coal consumption will stand at 4.32 billion tonnes of oil equivalent, versus 4.4 billion tonnes for oil itself.

"Coal's share of the global energy mix continues to grow each year," says IEA executive director Maria Van der Hoeven. "If no changes are made to current policies, coal will catch oil within a decade."

More...



Most Recent Related Stories...


U.S. labor report, Paris decision backlash send oil prices lower

Oil prices fall after paris accord withdrawalPerceived weakness on the margins of the U.S. labor sector and the reaction to the U.S....

Tunnel collapses at Hanford Nuclear Reservation; no radiation released

Tunnel Collapse at Hanford Nuclear reservationHundreds of workers were told to take cover at the Hanford Nuclear Reservation after a tunnel...

Three Mile Island nuclear plant will close in 2 years, owner says

three mile island nuclear plant to close in 2019The owner of Three Mile Island, site of the United States' worst commercial nuclear power accident,...

Exxon Won't Get Drilling Waiver for Russia, Mnuchin Says

Exxon refused waiver for sanctionsExxon Mobil Corp. won’t be allowed to bypass U.S. sanctions against Russia to resume drilling for...
 
America's # 1 Enemy
Tee Shirt
& Help Support TvNewsLIES.org!
TVNL Tee Shirt
 
TVNL TOTE BAG
Conserve our Planet
& Help Support TvNewsLIES.org!
 
Get your 9/11 & Media
Deception Dollars
& Help Support TvNewsLIES.org!
 
The Loaded Deck
The First & the Best!
The Media & Bush Admin Exposed!