Wednesday, July 2, 2008

While looking for some Clean Coal Facts...

I ran across this page by World Nuclear Association.

Coal is an extremely important fuel and will remain so. Some 23% of primary energy needs are met by coal and 39% of electricity is generated from coal. About 70% of world steel production depends on coal feedstock. Coal is the world's most abundant and widely distributed fossil fuel source. The International Energy Agency expects a 43% increase in its use from 2000 to 2020.

(Bold Mine)

There's one more reason why Coal isn't the best option. As we're burning coal in an incredible frenzy, and as the price goes up in response, inflationary forces result from both the increased cost of the Energy Produced, but also by the increased cost of steel, which is the basis for so many critical products in the Economy. Increasing prices of Silicon, on the other hand, should have a weaker impact on critical goods, which has pretty much been demonstrated by the increase in silicon prices over the last few years as compared to the relative lack of increase in price of silicon-based computing products.

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