TribLIVE

| Business


 
Larger text Larger text Smaller text Smaller text | Order Photo Reprints

Study: Global coal appetite to grow until 2018

On the Grid

From the shale fields to the cooling towers, Trib Total Media covers the energy industry in Western Pennsylvania and beyond. For the latest news and views on gas, coal, electricity and more, check out On the Grid today.

By The Los Angeles Times
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.”

 

 
 


Show commenting policy

Most-Read Business Headlines

  1. Highmark seeks double-digit increase for more benefits, heavy use
  2. Mortgage rate slide’s impact could be minimal
  3. Amid struggles, top fiscal executive to leave EDMC
  4. PUC approves Columbia Gas pipeline extensions program for homeowners
  5. Education Management removes itself from Nasdaq listing
  6. World’s 1st carbon capture power plant switches on in Canada
  7. Large-scale batteries are integral in shift to renewable energy
  8. Falling fuel prices help airlines — not fliers
  9. Rule to close coal royalty loophole
  10. Toy sellers to enhance marketing as holidays approach
  11. EQT Corp. boosts profits despite lower gas prices
Subscribe today! Click here for our subscription offers.