Environment & Energy

phantom power

(25,966 posts) Wed Oct 31, 2012, 01:05 PM Oct 2012

Gas Golden Age Darkens in Europe on U.S. Coal

peace sells but who's buying
--megadeth

Europe is missing out on the natural gas boom that is transforming energy use in the U.S. and Asia, instead burning cheaper, dirtier coal imported from America.

Global gas consumption may rise 19 percent by 2017 from 2010 levels as demand surges in Asia and the U.S. while Europe’s usage drops 1.6 percent, according to the International Energy Agency. Increasing coal-fired generation in Europe has cut gas demand by 3 billion cubic feet a day, according to Sanford C. Bernstein & Co., about 7 percent of consumption. The IEA last year predicted a golden age for the fuel with new exports from America to Australia.

http://www.bloomberg.com/news/2012-10-31/gas-golden-age-darkens-in-europe-on-u-s-coal-energy-markets.html

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Gas Golden Age Darkens in Europe on U.S. Coal (Original Post) phantom power Oct 2012 OP

Makes sense. It's a lot harder to export gas than coal NickB79 Oct 2012 #1

Post removed Post removed Oct 2012 #2

NickB79

(19,271 posts)

1. Makes sense. It's a lot harder to export gas than coal

Reply to phantom power (Original post)

Wed Oct 31, 2012, 01:57 PM

Oct 2012

You need specialized ships, specialized loading and offloading facilities, extra pipelines for transport, etc.

All you need to move the coal are common cargo ships and then rail lines.

Response to phantom power (Original post)

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