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Gold/Mining/Energy : Esprit Exploration Ltd.

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From: no1coalking	6/11/2008 11:57:59 AM
	of 2774

THE NEED FOR GREATER COAL USE 4 minutes ago TEN ENERGY REALITIES THAT UNDERSCORE THE NEED FOR GREATER COAL USE 1. Coal is America's Greatest Energy Resource The United States has 500 billion tons of reserves in 25 states and a nearly 200-year supply. 2. Clean Coal Technologies Work, But Take Time to Develop Technology has improved coal-fueled electricity emissions 90% over the past 30 years. 3. More Electricity is Needed for the Growing U.S. Population U.S. energy use has increased 15 quadrillion Btus in past 15 years. 4. The U.S. Needs New Supplies of Oil and Natural Gas U.S. oil production levels have decreased significantly over the last three decades; 2007 production was only 54% of 1972 levels. 5. The U.S. Needs New Coal-Based Generation Coal is the only major energy source capable of meeting projected electricity demand. 6. Global Supply of Oil and Natural Gas is Inadequate to Meet World Demand Production issues, politics and competition from other nations pose real challenges for U.S. import supplies. 7. Global Energy Demand Unprecedented World energy consumption is projected to increase 52% by 2030, according to the U.S. Energy Information Administration. This consumption is more than the current consumption of Europe, North America and Russia combined. 8. The Scale of Energy Demand is Beyond Our Experience The size and scope of world economic, demographic and social changes is unprecedented. The world has never experienced an energy demand surge comparable to what will occur in the next 30 years. 9. New Players are Entering the Game Developing nations are surpassing United States in energy consumption. By 2025, China will use more energy than United States. 10. The World is Turning to Coal The world's energy policymakers increasingly recognize coal's central role as an abundant energy resource. Eighty percent of new coal-fueled power plants are being built in developing nations. SOURCE National Coal Council

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