by FreakOil » Sat 05 May 2007, 00:31:47
The more important issue isn't the total amount of coal left in the ground, it's when will we peak, when will demand no longer meet supply. Furthermore, the coal industry is also experiencing a fall in EROEI and EROI. The coal seams are harder to reach and the coal itself is of lower quality.
If we go full on with CTL, then we will reach Peak Coal much more quickly. We're already looking at Peak Coal, at current rates of consumption, probably sometime this century. It may be 240 years or more, theoretically, before we pull the last coal from the ground, but peak will come a lot sooner, along with the economic consequences. Peak Coal probably would be significantly delayed by Peak Oil and the economic consequences.
CTL is not a panacea, although I support endeavors in this field because it may lessen the gradient of the right side of the liquid-fuels depletion curve, which would make all of our lives a little easier and give us more time to prepare for the new social/economic paradigm, whatever that may be.