TribLIVE

| Business


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

Study: Global coal appetite to grow until 2018

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. Regulators release details of Highmark’s post-UPMC transition plan
  2. More pipelines proposed to carry Marcellus gas to southeast markets
  3. Visual search  still hampered  by image issues
  4. Students walk shop class path to excellence
  5. U-PARC houses companies ranging from innovative to traditional
  6. Young adults drive home rental trend in Western Pennsylvania
  7. Hershey unwraps new corporate logo
  8. Healthy PA expands number of recipients but cuts benefits
  9. Feds eye online lending practices
  10. Government approves compromise on Corbett’s alternative Medicaid plan
  11. Google Maps opens business doors to online views for shoppers
Subscribe today! Click here for our subscription offers.