Source: Hockey SCHTICK
With constant electricity shortages, India won’t abandon coal any time soon.
By ROBERT BRYCE WSJ.COM 8/5/12
Blackouts crippled India last week, leaving more than 600 million people without electricity. Trains were stranded, traffic snarled, and the country’s economy ground to a halt. According to news reports, the blackouts were caused by excess demand, with some states in northern India taking more power than they had been allotted by the grid operator. And while the investigation into the disaster continues, one result is certain: India won’t be abandoning coal any time soon.
While the Sierra Club pushes its “beyond coal” campaign here in the U.S., and the Obama administration continues its regulatory attack on the coal industry—an effort that includes the Environmental Protection Agency’s plan to prohibit the construction of new coal-fired generation units—India and other countries around the world are rapidly increasing their coal consumption.
Proof of that can be seen in the fact that, according to the BP Statistical Review of World Energy, global coal consumption over the past decade has increased by more than the growth in oil, natural gas, hydro and nuclear combined. Much of that surge in coal use has occurred in India, the world’s third-largest coal consumer, behind only China and the U.S. Increasing coal use helps explain why India’s carbon-dioxide emissions, up by 80% since 2002, and global carbon-dioxide emissions—up by 30% since 2002—continue to soar. (more…)