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IEA warns coal on track to be world’s chief energy source

Posted on 19 December 2012

Coal will nearly overtake oil as the dominant energy source by 2017, and only a drop in world gas prices could curb the use of the dirtier fossil fuel in the absence of high carbon prices, the International Energy Agency said.
China will use more coal than the rest of the world put together, while India will overtake the United States as the world’s second-largest consumer and become the biggest global importer, the IEA forecast in its annual Medium-Term Coal Market Report, released on Tuesday………………………………………..Full Article: Source


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