IOW, look at China. It has huge coal reserves that are not meeting even the demand for Electrictiy simply because their are physical limits as to how much coal can be removed at any one time
backstop wrote:PB - I'm having difficulty following what you mean.
If, say, £5Bn is invested in expanding coal production and developing Sasol plants for coal > liquid fuels, those funds wouldn't be going into sustainable Biofuels' establishment and conversion plants.
I've seen no data showing Sasol yield to be cost competitive with diesel in stationary usage, while Mitsubishi is already claiming this for their methanol product.
So at what point would investing in Sasol to allow us then to move to biofuels be an efficient strategy meteorologically or financially ?
Am I missing something here ?
regards,
Backstop
My question is "will or can PEAK OIL be delayed by the use of Coal based Fischer-Tropsch liquid fuels"? If so, how long? 10 years? or is it more?
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