18 Dec 2012:
Coal May Rival Oil As
World’s Top Energy Source by 2017, IEA Says
Coal could rival oil as the world’s largest energy source within five years as consumption continues to climb in most regions of the world, a trend that could have profound effects on the climate, the International Energy Agency (IEA) says
. While coal consumption is expected to decline in the U.S., where it increasingly has been displaced by ample supplies of natural gas, that reduction in U.S. coal burning has helped drive down coal costs globally
. According to the IEA’s annual Medium-Term Coal Market Report
, the world will burn about 1.2 billion more tons of coal annually by 2017 than it does today. By that time, total global consumption is projected to reach 4.32 billion tons, compared with 4.4 billion tons of oil equivalent. The surge in coal consumption will be driven largely by China and India, with China projected to pass the rest of the world in coal demand within five years, and India predicted to pass the U.S. as the world’s second-biggest coal consumer. In the absence of a high carbon tax, the report says, only competition from cleaner natural gas will reduce coal demand. “The U.S. experience suggests that a more efficient gas market… can reduce coal use, CO2 emissions and consumers’ electricity bills, without harming energy security,” said Maria van der Hoeven, the IEA director. “Europe, China and other regions should take note.”
Yale Environment 360 is
a publication of the
Yale School of Forestry
& Environmental Studies
e360 on Facebook
Donate to e360
View mobile site
Subscribe to our newsletter
Subscribe to our feed:
Yale Environment 360
articles are now available in Spanish and Portuguese on Universia
, the online educational network. Visit the site.
Business & Innovation
Policy & Politics
Pollution & Health
Science & Technology
Antarctica and the Arctic
Central & South America
A Yale Environment 360
video explores Ecuador’s threatened Yasuni Biosphere Reserve with scientists inventorying its stunning forests and wildlife. Watch the video.
is now available for mobile devices at e360.yale.edu/mobile
The Warriors of Qiugang
, a Yale Environment 360
video that chronicles the story of a Chinese village’s fight against a polluting chemical plant, was nominated for a 2011 Academy Award for Best Documentary (Short Subject).
Watch the video.
Top Image: aerial view of Iceland
. © Google & TerraMetrics.
In a Yale Environment 360
video, photographer Pete McBride documents how increasing water demands have transformed the Colorado River, the lifeblood of the arid Southwest. Watch the video.