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elleng

(131,077 posts)
Wed Sep 18, 2013, 12:53 PM Sep 2013

Coal's Future Darkens Around the World.

The future of coal is getting darker.

Economic forces, pollution concerns and competition from cleaner fuels are slowly nudging nations around the globe away from the fuel that made the industrial revolution possible.

The U.S. will burn 943 million tons of coal this year, only about as much as it did in 1993. Now it's on the verge of adopting pollution rules that may all but prohibit the construction of new coal plants. And China, which burns 4 billion tons of coal a year — as much as the rest of the world combined — is taking steps to slow the staggering growth of its coal consumption and may even be approaching a peak. . .

"All industrialized societies eventually decide that, while cheap sneakers are nice, the environmental damage caused by uncontrolled industrial activity is no longer tolerable," Bernstein analysts wrote.

http://www.nytimes.com/aponline/2013/09/18/us/ap-us-coal-woes.html?hp

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