Posted by: Grant | November 15, 2012

206 New Coal Power Stations In 4 years

That’s about one per week in China and India.

Aren’t we so glad to be paying so much to “save the planet” – NOT!

I.H.T. Special Report | Oil & Money
With China and India Ravenous for Energy, Coal’s Future Seems Assured
Gilles Sabrie for The New York Times
Published: November 12, 2012

” …Global demand for coal is expected to grow to 8.9 billion tons by 2016 from 7.9 billion tons this year, with the bulk of new demand — about 700 million tons — coming from China, according to a Peabody Energy study. China is expected to add 240 gigawatts, the equivalent of adding about 160 new coal-fired plants to the 620 operating now, within four years. During that period, India will add an additional 70 gigawatts through more than 46 plants…. “

” …For now, coal seems to be sidestepping a serious potential impediment to its use: international accords restricting greenhouse gas emissions. So far, such agreements to prevent climate change have been ineffective…. “


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