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.
Trump’s Energy, Low and Dirty
coal jobs fell by two-thirds between 1948 and 1970, the year the Environmental Protection Agency was founded. This happened despite rising, not falling, coal production, mainly reflecting the replacement of old-fashioned pick-and-shovel mining with strip-mining and mountaintop removal, which require many fewer workers.
.. As one analyst put it last week, coal “doesn’t really make that much sense anymore as a feedstock,” given the rapidly falling costs of cleaner energy sources like natural gas, wind and solar power.
Who was that analyst? Gary Cohn, chairman of the National Economic Council — that is, Trump’s own chief economist.
.. he declined to endorse NATO’s Article 5, which says that an attack on any NATO member is an attack on all. In effect, he repudiated the central plank of America’s most important alliance. Why, it was almost as if he’s more interested in appeasing Vladimir Putin than he is in defending democracy.
.. The same technological progress in alternative energy that is marginalizing coal would make the transition to a low-emissions economy far cheaper than anyone imagined a few years ago.
.. So am I suggesting that the world’s most powerful leader might put the whole planet’s future at risk so that he can keep telling politically convenient lies, which will soon be exposed in any case? Yes.
