The coal industryโs spin doctors have been droning on about the abudance of coal for the last year, but new research by Dave Rutledge, Chair of Caltechโs engineering and Applied Sciences Division, calculates that the worldโs coal reserves may be much less โabundantโ than the coal industry would like us toย think:
โThe record of geological estimates made by governments for their fossil fuel estimates is really horrible,โ Rutledge said during a press conference at the American Geological Union annual meeting. โAnd the estimates tend to be quite high. They over-predict future coalย production.โ
The coal lobby states that, โwithin our [US] borders, we have enough coal to last the next 200 years.โ But by Rutledgeโs calculations 90% of the entire worldโs estimated coal reserves will have been produced byย 2069.
You can check out a copy of Rutledgeโs powerpoint presentation here (4MB powerpoint file): Rutledge coal and oil reservesย presentation.
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