Friday, September 10, 2010

Will Coal Supplies Peak in 2011?

coal supplies photo Yes, according to a recent study that predicts:
After 2011, the production rates of coal and CO2 decline, reaching 1990 levels by the year 2037, and reaching 50% of the peak value in the year 2047.
Summarizing the study, Scitizen writes:
actual historical coal production is a better indicator of the future trend of worldwide coal output than stated reserves which are notoriously unreliable. They note, for example, that the state of Illinois, despite its rank as second in reserves in the United States, has seen its production decline by half over the last 20 years.
This trend is contrary, of course, to often-spewed estimates that current coal supplies will last at least 100 years and to industry claims of a 250- to 400-year supply.
Predictions of declining coal supplies are not new, but this is probably the most recent scientific (and objective) examination of current supplies and certainly provides another reason to get ourselves off of fossil fuels and into renewable energy.