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4/24/08

NYT: Europe Turns Back to Coal, Raising Climate Fears - by Elisabeth Rosenthal

For the complete report from the New York Times click on this link

Europe Turns Back to Coal, Raising Climate Fears - by Elisabeth Rosenthal

Over the next five years, Italy will increase its reliance on coal to 33 percent from 14 percent. Power generated by Enel from coal will rise to 50 percent. And Italy is not alone in its return to coal. Driven by rising demand, record high oil and natural gas prices, concerns over energy security and an aversion to nuclear energy, European countries are expected to put into operation about 50 coal-fired plants over the next five years, plants that will be in use for the next five decades. Europe’s power station owners emphasize that they are making the new coal plants as clean as possible. But critics say that “clean coal” is a pipe dream, an oxymoron in terms of the carbon emissions that count most toward climate change. They call the building spurt shortsighted.

In terms of cost and energy security, coal has all the advantages, its proponents argue. Coal reserves will last for 200 years, rather than 50 years for gas and oil. Coal is relatively cheap compared with oil and natural gas, although coal prices have tripled in the past few years. More important, hundreds of countries export coal — there is not a coal cartel — so there is more room to negotiate prices. “In order to get over oil, which is getting more and more expensive, our plan is to convert all oil plants to coal using clean-coal technologies,” said Gianfilippo Mancini, Enel’s chief of generation and energy management. “This will be the cleanest coal plant in Europe. We are hoping to prove that it will be possible to make sustainable and environmentally friendly use of coal.”

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