COK cockatoo coal limited

some coal stats out today fyi

  1. 1,035 Posts.
    lightbulb Created with Sketch. 20
    Annual global coal production rises for 12th year in a row
    It is reported that total global coal production increased by 6.6% in 2011 and its 12th consecutive year of growth.

    China overtook Japan as the world largest importer and Indonesia overtook Australia as the biggest global exporter. Meanwhile, global natural gas consumption increased by 2.1% in 2011 a significantly smaller increase than the 7.2% leap in 2010.

    The figures come from the International Energy Agency which also found that the share of renewables in the total primary energy supply increased to 8.2% in OECD countries in 2011 compared to 7.8% in 2010.

    The IEA found that the Fukushima nuclear disaster in Japan in March 2011 resulted in electricity production in OECD countries dropping by 0.9% in 2011 with nuclear electricity production falling 65 in Japan and 23% in Germany which initiated a withdrawal from atomic energy.

    Mr Richard H. Jones IEA’s Deputy Executive Director has said that the way power is produced and consumed must change if the world is to respond to energy security challenges. He stressed there is no single solution that will combat climate change and address all of today other energy challenges.

    He added that “There is no one magic bullet. There is no one technology you need, because the world is different in different places. In some places solar is great because the sun shines all the time in some places it’s really windy all the time, and that’s great for w ind power. In other places the wind is too variable or the winds aren’t strong enough. You’ve got to do a real cradle to grave analysis.”

    Source – powerengineeringint
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.