Fwd: Coal

'Some 1,200 coal plants are planned across 59 countries, with about three-quarters in China and India, according to the World Resources Institute…

• "The U.S. is dropping coal plants at an unprecedented rate, but still nowhere near as quickly as India is adding them," Bloomberg Business reckons.

"By the end of this year, some 7.5% of the U.S. coal fleet will have disappeared ... . But by 2020 India may have built about 2.5 times as much capacity as the U.S. is about to lose."

Then, of course, there's the world's biggest coal addict by far — the People's Republic of China

​...

Lawson's calculations of how coal use is growing in China are jaw-dropping

​..​

.

http://news.investors.com/ibd-editorials-brain-trust/080615-765456-world-coal-use-surges-as-obama-tries-to-shut-down-us-coal-plants.htm?p=2