CNX 0.00% 7.4¢ carbon energy limited

i feel a big week coming, page-15

  1. 370 Posts.
    I think the term 18x more efficient is used on a Sqkm basis of suitable ground for both companies and technologies.

    "Peak coal could occur worldwide as early as 2025 at total recoverable reserves of 6.4 billion tons in one estimate and in 2030 at 8.3 billion tons in another forecast. The concept of peak coal is as real as peak oil or peak natural gas.

    Nearly 85% of known coal reserves are unmineable with surface mining techniques."


    Who knows what percentage of that is suitable for UCG but I'll estimate that it would still be 18x more efficient and productive than CBM or CSG. At this stage its only a guesstimate so it could end up being more.... or less? time will tell.

    UCG syngas can also be used in many more applications than CBM or CSG.
 
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