iBankCoin
Joined Nov 11, 2007
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IEA Predicts Coal Consumption Will Catch Up to Oil by 2017

“By 2017, coal consumption will nearly equal consumption of oil as the leading source of the world’s energy. The International Energy Agency (IEA) estimates that global coal consumption will reach 4.32 billion tons of oil equivalent in 2017, just shy of 4.4 billion tons for oil itself. Coal demand will grow everywhere except in the United States, where cheap natural gas will continue to push out coal burning….”

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