Not exact matches
The
coal industry is
seeing huge declines as cheaper renewables, cheaper natural gas, and greater air pollution controls make it
less attractive as a fuel, this is a long term trend that has recently accelerated and reached crisis proportions.
Of course, in the same way that Jevons could not
see the ability for oil, gas, and nuclear power to render us
less fundamentally reliant on
coal, I am sure we are making equally egregious errors in our predictions of energy transitions (or at least some of us are).
Those include distribution - level efforts like tree trimming and automation, outage recovery efforts, and investments to improve customer resilience, they wrote, while the onsite fuel supplies championed by the
coal and nuclear sector are
seen as
less beneficial.
And despite the heavy rhetoric being thrown around by their representatives, little difference was
seen between Americans living in
coal - heavy states and those living in states where
less than half of the electricity comes from
coal.
As you say Giles, Macfarlane
sees wave and geothermal as far
less a near term threat to
coal and gas, so his strategy is to back them with a few meagre tax payer funded handouts while we let the carbon giants continue to pollute our otherwise wonderful nation for free!
In 2016
coal generation fell to
less than one - third of total generation in the US, and to just over one fifth in the EU (
see chart).
«We expect to
see less downside pressure on
coal prices in view of ongoing production cuts in 2016 and demand recovery, albeit at a slow pace,» said Helen Lau, an analyst with Argonaut Securities (Asia) Ltd. «China is still oversupplied.»
New
coal and onshore gas extraction would attract state royalties, but based on historical figures (
see Point 7 above) the amounts are likely to be
less than one might expect, partidularly since new extraction projects tend to receive more in subsidies and other state government assistance than established projects.
Gas is far better than
coal (
less CO2 / energy delivered,
less other pollution), and it is interesting to
see them promoting it versus
coal with global warming arguments.
Not to sound too cynical but I think we'll
see subsidised
Coal to Oil production way ahead of policies that reduce the use of fossil fuels — insuring a supply of oil being
seen as urgent and Climate Change as
less urgent.
Coal - fired power plants, which have
seen a record number of closures, are producing much
less electricity.
This matters because the longer it takes, the
less competitive
coal becomes against renewable energy sources and the more likely we are to
see coal mines closed before they are exhausted.
I'm glad that China is expanding nuclear capacity, because I
see it as much
less dangerous than
coal.
Burning more oil and gas, but
less coal,
saw the US's emissions fall 2.6 % in 2015 and they are projected to fall a further 1.7 % in 2016.