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Thread: The World's Ever-Increasing Hunger for Coal

  1. #1
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    Mar 2010
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    Default The World's Ever-Increasing Hunger for Coal

    Residents up in arms about carbon capture storage:-

    Coal-fired power stations are a major producer of the greenhouse gas CO2, but there is no alternative to the fuel in the near future. Energy companies are hoping that carbon capture and storage technologies may be the answer, but many local residents don't want CO2 stored under their backyards.
    http://www.spiegel.de/international/...707654,00.html

  2. #2
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    Default Re: The World's Ever-Increasing Hunger for Coal

    As oil gets harder to extract, the incentive to mine more difficult sources of coal will grow too.

    I saw a reference last week to "end of wood" - meaning the historic time when Europe had stripped out most of its virgin woodlands and had to start finding new, more difficult forms of energy. Coal became attractive then and along came steam engines etc. - oil and the internal combustion engine later. So we are at one of those transitions. The amount of energy we can access on the planet can't be assumed to be infinite. Even if we went for nuclear power, the amount of uranium is quite limited.
    Wind and water are essentially medieval technologies that existed alongside wood. It looks as though, with solar, they'll take their place alongside one or more other new source of energy - if we can find one - when the old sources are used up.

  3. #3
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    Default Re: The World's Ever-Increasing Hunger for Coal

    xxx
    Last edited by gli; 25-09-2010 at 01:21 PM.

  4. #4
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    Default Re: The World's Ever-Increasing Hunger for Coal

    Happily, the premise of the thread title appears wrong.

    Between 2010 - 2012 the collective market value of all publicly traded US coal producers decreased by 99%. Not a typo.



    https://www.iea.org/coal2017/



    U.S. coal power capacity has fallen by a third since 2010. 20 U.S. coal-fired power plants have closed or are expected to close by year-end, making 2018 the top year for coal retirements since environmental regulations helped shutter 17 gigawatts of capacity in 2015. Learn more in this report excerpt.

    As a general rule the most successful man in life is the man who has the best information.

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