China to Dominate the 2013 Coal Market

China to Dominate the 2013 Coal Market

by admin@namecake.com (John Daly)

China is the world's largest coal producer and consumer and currently accounts for about half of the global coal consumption.The U.S. Energy Information Agency noted in its 2012 country analysis brief on China, “Coal supplied the vast majority (70 percent) of China's total energy consumption of 90 quadrillion British thermal units (Btu) in 2009,” adding, “EIA projects coal's share of the total energy mix to fall to 59 percent by 2035 due to anticipated higher energy efficiencies and China's goal to reduce its carbon intensity…Read more...http://oilprice.com/Energy/Coal/China-to-Dominate-the-2013-Coal-Market.html