Coal accounted for 28% of energy production last year in a ‘marked shift toward lower-carbon fuels,’ BP says in annual energy review
Global coal production saw its largest decrease on record in 2016, as China and the U.S. dug up less of the commodity and burned less of it for electricity
.. U.S. output declined 19% and Chinese production fell almost 8%.
.. Renewables such as wind and solar power were the fastest-growing energy sources in 2016, BP said, increasing output by 12%. Renewables now provide just under 4% of the world’s energy, up from 2.8% of global energy consumption in 2015
..BP said oil consumption continued to rise at a strong pace in 2016, up 1.6% in 2016, which was above the 10-year average. The company sees a peak in oil demand around 2040, when consumption will begin to fall globally.