The world turns to coal

The latest BP Statistical Review was published in London this morning, and following a theme presented for years at our blog, global growth in coal consumption continues to soar. Now that global oil production is flat, and is no longer able to fund new industrial expansion, coal remains the cheap BTU and of course the preferred energy source of the Developing World (non-OECD). For another year, the world has turned to coal. See: World Consumption of Coal in Mtoe (million tonnes oil equivalent) 2001-2010.

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