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12/18/12

Energy Agency Sees Global Coal Boom Unabated, Europe’s Binge Temporary - by Andrew C. Revkin

The International Energy Agency’s Medium-Term Coal Market Report, issued today in Paris, is essential reading for anyone wishing to maintain a reality-based view of global trends in fuel use. While many energy forecasts end up wrong, on short time scales like this, that’s less true.

Some bullet points: The proportion of global energy supplied by coal is approaching that for oil. China and India see unabated growth in coal burning through the next five years. The surge in exports of coal from the United States to Europe should peak soon.

The news release — appended below — says it all, and the findings it describes reinforce my assertion awhile back that there’s plenty of denial to go around in the arguments over climate and energy trends and policies.

Read more: Dot Earth - New York Times blog

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