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Coal is King: Demand worldwide has prices skyrocketing
Consumption; Demand; PricesAs increasing numbers of the world’s poor join the middle classes, hooking up to electricity grids and buying up more manufactured goods, demand for coal grows.

World consumption of coal has grown 30 percent in the past six years, twice as much as any other energy source. About two-thirds of the fuel supplies electricity plants, and just under a third of the fuel supplies industrial users (mostly steel and concrete makers).

As the demand for coal — in the U.S. and across the globe — continues to rise, it could prove difficult to maintain the role as the world’s largest producer for coal.

Medical Leader News

Posted on Saturday, May 10 @ 05:00:24 PDT by waegari
 
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