"The economics of the situation may not have restrained coal consumption yet, but it's going to do so any day now."
That's the worship of the invisible hand. It might happen, but it hasn't yet.
This post is just focusing on the facts - the facts of actual coal consumption over the last 11 years. it says nothing about what might happen in the future. I do think that global coal use is going to continue increasing for the next couple of decades, but that's just my opinion. Opinions are overtaken by reality every day. Until that happens, I use the last decade as a guide and expect tomorrow to look broadly like today. When reality does overtake my opinion, as it did with nuclear power and peak oil, I change my opinion.
Regarding Peak Oil, I refer you to the production rates of crude and condensate for the last 7 years, which have not varied by more than a few percent despite the price gyrations. My mistakes were in expecting that we'd see a sharper peak rather than a plateau, and also underestimating the economic impact of the 2008 price spike and the resulting demand destruction.
Your attempt to portray me as a nuclear supporter are funny. I haven't been a nuclear supporter since before Fukushima, and you know it. Your characterization of my position in the absence of any supporting evidence whatsoever is just a lame attempt at a smear.
Edit history
= new reply since forum marked as read
