image credit: Pixabay

Coal’s Future Is Murky But The Need For Investment In Carbon Capture Is Clear

October 1, 2019

Via: Forbes

The world may recognize that burning coal is adding greenhouse gases. But the fuel is still set to grow as a percentage of electricity generation: For two straight years it will tick up before flattening out for five years. While it may decline slightly after that, its continued presence means carbon capture and storage is needed.

That’s according to the International Energy Agency in Paris, which says that coal consumption in the globe’s most economically advanced countries is falling. But that progress is being offset by strong growth in India and Southeast Asia where it is affordable and where economies are in growth mode. India, for example, will see a 3.9% increase per year in coal consumption. Increases are also expected in Indonesia, Vietnam, Philippines, Malaysia and Pakistan.

Read More on Forbes