Study: Global coal appetite to grow until 2018

| Tuesday, Dec. 17, 2013, 12:01 a.m.

Despite serious concerns over environmental impact, appetite for coal around the world will continue to grow through 2018, according to a report from the International Energy Agency.

Efforts in China to rein in coal dependency will push down the pace of growth to 2.3 percent a year, the report said. That's down from yearly growth of 3.4 percent between 2007 and 2012.

“Like it or not, coal is here to stay for a long time to come,” said Maria van der Hoeven, the agency's executive director. “Coal is abundant and geopolitically secure, and coal-fired plants are easily integrated into existing power systems.”

Subscribe today! Click here for our subscription offers.


Do you want to help us improve our commenting platform?
Click here to take this a survey.

Show commenting policy