Tuesday, December 14, 2010

A future with cheap coal should be reassessed

In a recent article in Nature, Lawrence Berkeley National Laboratory scientist David Fridley argues that coal prices around the world will likely soar in coming years, due partly to explosive demand from China, and that energy policies relying on the conventional wisdom of plentiful cheap coal need to be reconsidered. Published as a comment titled “The End of Cheap Coal” in an issue of Nature, Fridley and co-author Richard Heinberg say that world coal reserves are far less abundant than has been assumed, referencing a series of recent studies that suggest that the peak of world coal production could be only years away. More>