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.”

Subscribe today! Click here for our subscription offers.

 

 
 


Show commenting policy

Most-Read Business Headlines

  1. Natural gas industry buys share of Super Bowl spotlight
  2. Consumer comes to the rescue as companies step back
  3. Phelan: Fuel-saving tips for winter driving
  4. Wall Street closes January on down note; Dow sheds 251 points
  5. Consol Energy posts $74M profit in fourth quarter
  6. Obama seeks $215M for precision medicine initiative
  7. Kennametal plans plant closings, job cuts in fallout from oil and gas decline
  8. BNY Mellon is putting iconic Citizens Bank Tower up for sale
  9. Subaru BRZ still needs upgrades
  10. BNY Mellon expands  role for treasury exec
  11. Fight to lift crude export ban grows