Peak Oil is You
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Page added on November 19, 2010
Heinberg : ‘Peak coal’ to see prices soar
This week, science journal Nature says the world is on the verge of exhausting its cheap coal supplies. With rising demand and dwindling supplies of high quality usable coal, prices could be much higher by the end of the decade. The finding could also have implications for the controversial technology, carbon capture and storage.
One Comment on "Heinberg : ‘Peak coal’ to see prices soar"
KenZ300 on Sat, 20th Nov 2010 1:40 am
Peak and Peak oil make alternative energy sources look better each day. As prices rise for oil and coal the alternative energy industry becomes more competitive.
Wind, solar, geothermal and biofuels are the future. The time to transition is now before the impact of high oil and coal price damage the economy.
We saw what high oil prices of $147 / barrel did in 2008.