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. Earlier openings make Black Friday shopping easier for bargain-hunters
  2. Company seeks to reopen coal mine in Nottingham, Washington County
  3. Retailers court web customers with free shipping
  4. Florida roommates find a career in playing video games on web channel Twitch
  5. Butler County firm Deep Well Services tackles tough gas wells
  6. Buyer’s remorse: Most mergers don’t work out for acquiring company
  7. Federal agency checking whether Highmark has enough doctors in Medicare plan
  8. Holiday shoppers expected to spend conservatively
  9. Retailers that won’t open on Thanksgiving hope move pays off
  10. Amusement parks fight off home entertainment threat
  11. Stock forecast for 2015: milder gains, more bumps
Subscribe today! Click here for our subscription offers.