Coal use set to surpass oil in a decade: IEA

Coal is set to surpass oil as the world’s top fuel within a decade, driven by growth in emerging market giants China and India, with even Europe finding it hard to cut use despite pollution concerns, according to a new report.

“Thanks to abundant supplies and insatiable demand for power from emerging markets, coal met nearly half of the rise in global energy demand during the first decade of the 21st century,” said Maria van der Hoeven, head of the International Energy Agency.

via Business feed http://www.scmp.com/business/commodities/article/1108127/coal-use-set-surpass-oil-decade-iea