05.06.2013 - China coal demand to double by 2030,not to peak in the next decade:Wood Mackenzie
Contrary to speculation that China's demand for coal will peak in a decade, the nation's strong appetitte for thermal coal will lead to a doubliing of demand by 2030, despite the best efforts to curtail its use and seeking alternative options according to a new report by Wood Mackenzie. The report titled, 'China: The Illusion of Peak Coal' said China’s demand will grow to approximately seven billion tonnes per annum (btpa) of thermal coal which is contrary to speculation that China's thermal coal demand may be reaching a peak in the next decade...............................................Full Article: Source
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