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Natural gas is projected to be the fastest growing fossil fuel, and coal and oil are likely to lose market share as all fossil fuels experience lower growth rates. Toward the end of the period, coal demand in China will no longer be rising and China is projected to become the world’s largest oil consumer. Coal will increase by 1.2%
The largest increase in oil production comes from Iraq, followed by Saudi Arabia, Brazil, Kazakhstan and Canada. The use of coal—which met almost half of the increase in global energy demand over the last decade—rises 65% by 2035. —WEO 2011. trillion in subsidies over the projection period. —WEO 2011.
The vision is fuelled by the fear of climatechange and the need to find green alternatives to dirty coal, unpopular nuclear power and unreliable gas imports from Russia. I liken electric grid and renewable to the economic and political and military fiasco of the Iraq war. Alternative is no longer an alternative.
While Exxon continues to spend millions of dollars every single day to defeat climate legislation and desperately avoid having to pay for the damage and destruction their product is responsible for, the souls they’ve bought and paid for in Congress continue to deny the reality of global warming. China uses more coal than the U.S.,
Gregg Small, executive director of environmental nonprofit Climate Solutions , said electric cars could be a big part of achieving energy independence and addressing climatechange, if done in conjunction with energy conservation. "If Nissan plans to roll out the car in 12 to 15 markets next year, Perry said.
Cleantech Blog Cleantechblog.com, the premier cleantech site for commentary on news and technology relating to clean tech, greentech, energy, climatechange and carbon, and the environment. Ontological Shock An Open Letter to Fred Krupp Report from GridEcon Conference SGS ClimateChange Head on the First Carbon Credit.
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