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Page added on November 17, 2010
China’s Coal Crisis
The idea of peak oil—the point at which global production reaches its maximum—has fixated the energy industry for years. Now, China is grappling with a new worry: peak coal.
State-run media reported that Beijing is considering capping domestic coal output in the 2011-2015 period, partly because officials worry miners are running down reserves too quickly to meet the needs of a rapidly expanding economy.
“China accounts for around 14% of global coal reserves but its share of global coal consumption is already over triple that at 47%, which is unsustainable,” Hong Kong-based brokerage CLSA Asia-Pacific Markets said in a report …
One Comment on "China’s Coal Crisis"
KenZ300 on Wed, 17th Nov 2010 5:43 am
Peak oil, peak phosphorous, peak tuna, water, food and rare earth metals all tell us the the ever expanding world population has finally met it’s match.
Will populations collapse from lack of resources?