India Beyond Coal

Dec 19 2012

IEAs dirty future


The international energy agency has put out a new report on coal that declares that coal will hold sway over our energy mix and dominate it by 2017. The new annual Medium-Term Coal Market Report (MCMR) that IEA released has disturbing projections for the growth of coal usage around the globe. The report says that besides the United States, all major economies of the world will burn greater amounts of coal to fuel their growth and by 2017 it will surpass oil on top or our energy contributor list. “Thanks to abundant supplies and insatiable demand for power from emerging …