Tuesday, June 18, 2013

Coal's Great 2012 Means It Could Displace Oil To Become The World's Number 1 Source Of Energy

Oil remains the world's leading source of energy, providing 33.1% in 2012, but its share has fallen to its lowest level since at least 1965 and now could be displaced as the world's top energy source by coal.

As oil loses market share, coal gains market share and provided 29.9% of the world's global energy in 2012, its highest market share since 1970. The two most carbon intensive fuels--oil and coal--are the world's biggest sources of energy and together supply 63% of the globe's energy. One need look no further than those facts to understand why the world continues to increase the concentration of carbon dioxide in the atmosphere and why many are pessimistic about the world's ability to avoid enormous warming in the next 80 years.

Other than coal and oil, what does the world use for the rest of its energy? Natural gas provides 23.9%; hydro power 6.7%; nuclear power 4.5; and non-hydro renewable energy 2.4%.  Those fuels are zero carbon or lower carbon than coal or oil.

But in 2012, the world used more coal and oil than ever before, and coal moved toward displacing oil as the world's leading fuel.


5 comments:

  1. Lou In BethlehemJune 18, 2013 at 8:36 AM

    you have a typo in the title...

    Also, saw Gasland2 last night - Josh Fox threw you under the bus...

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    1. Corrected the typo. Thanks for pointing it out. I have been under a bus a few times--attacked for support of wind farms, ending state electric generation monopolies, and for supporting policies fighting climate change--and its never fun. Yet, the loss of my son puts everything in perspective. My responsibility is to lay out the facts and not spew propaganda.

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    2. Keep up the good work.

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  2. Where is the coal being mined?

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    Replies
    1. China produces 47% of the world's coal. Other big producers are the USA, Australia, Indonesia, Russia.

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