In comments to the EPA , the American Coal Council said the new standards would essentially 'take coal off the market as a power source for new plants'. They also indicated that there would be steep and even drastic increases in the cost of electricity nationwide. So, everyone needs to be prepared to sacrifice in the coming years and decades. But, what about saving the earth? Would our sacrifice be even worth it? Following is information that would seem to belie that notion....China's coal industry – both in terms of consumption and production - is now close to matching that of the entire remainder of the world, according to figures released this week by the Energy Information Administration.
The two graphs tells the whole story. On coal production (right), at 4 billion tons per year, China accounts for 46 percent of the world's output. China's production has doubled since 2003, accounting for 69 percent of the world's increase. The country in second place - the United States - produces only 12 percent of the worlds total.
On consumption (left) the numbers are equally stunning. China burns almost exactly what it produces, 4 billion tons a year, accounting for 49 percent of the world total. This figure has doubled since 2005, making up for 83 percent of the world's increase. The country in second place - once again the United States - consumes slightly less than 1 billion tons a year, only 11 percent of the world total.
While coal consumption in the rest of the world has flattened, China's is still racing ahead full bore! Within a few years, the story of what happens with world coal consumption is largely going to be what happens in China and NOT the United States! In my opinion, the real story with Obama and his ideologue-minded group, it that they seem to care more about global equality than about our hopes of continued national prosperity.....