Formerly About Advanced Micro Devices Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Formerly About Advanced Micro Devices

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Brumar89 who wrote (915112)	1/17/2016 4:22:31 PM
From: Wharf Rat	Read Replies (1) of 1576628

"new coal plants being built all over Asia will burn something. " Half of the coal that went to the 5 or 6 old, inefficient plants they replaced. The other half stays in the ground. You'd know that if you looked at the amount of coal we are burning, which you never do. Global Coal Consumption Heads for Biggest Decline in History Ewa Krukowska Ewa_Bxl November 8, 2015 — 3:01 PM PST Updated on November 9, 2015 — 3:01 AM PST Global coal use fell up to 4.6% this year through September Decline driven by China's efforts to fight air pollution bloomberg.com We Might Have Finally Seen Peak CoalBY JOE ROMM JAN 14, 2016 9:14 AM Chinese coal use peaked back in 2013, as Climate Progress first reported in May. Since China was responsible for some 80 percent of the growth in global demand since 2000 — and since the United States and most of the industrialized world have also started cutting coal use — the key remaining question for the dirtiest fossil fuel was, “Will a handful of developing countries, particularly India, see enough growth in coal consumption to overcome that drop?” Goldman Sachs, among others, says the answer is no. “Peak coal is coming sooner than expected,” Goldman told clients in a September research note. Goldman projects global demand for coal used in electricity generation will drop from a peak of 6.15 billion metric tons in 2013 to 5.98 billion in 2019 (the end of its forecast range). thinkprogress.org

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next