Costly oil, gas drive world to burn more coal-IEA

LONDON, Nov 12 (Reuters) – Coal, already the world's second-most used fuel after oil, will grow more competitive after 2015 as oil and gas prices are expected to rise, the International Energy Agency said on Wednesday.

Coal's share of global energy demand would rise to 29 percent in 2030 from 26 percent in 2006 — driven by booming power generation growth mostly in China and India.

Global coal consumption was set to grow to 7,011 million tonnes of coal equivalent (Mtce) in 2030 from 4,362 Mtce in 2006, the IEA said in its World Energy Outlook….more at Coal News