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Message: Coal Will Remain the World's Main Source of Power Until 2030 New IEA Study Confi

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Coal Will Remain the World's Main Source of Power Until 2030 New IEA Study Confi

posted on Nov 18, 08 03:46AM

ALEXANDRIA, Va., Nov 14, 2008 /PRNewswire via COMTEX/ -- Coal is on the rise and likely to remain the chief power source globally well into the 21st century, this according to a new study released by the International Energy Agency.

Appropriately titled, "World Energy Outlook 2008," the IEA also estimates that coal generated power will rise to 44% by 2015.

"Clearly we are seeing the benefits that coal provides by being a reliable, cost effective energy source," said Joe Lucas, Vice President for the American Coalition for Clean Coal Electricity (ACCCE). "As we move deeper into the 21st century it is important that continued investment in clean coal technology be a central issue of the world's energy diagram."

The study goes on to support the notion that future technological developments will help reduce emissions.

"Developing and deploying technologies into broad commercial use will require both the public and private sectors working together," said Lucas. "By investing in these partnerships, which have brought other innovative emission reducing technologies to the marketplace, we will not only meet the challenge of reducing greenhouse gas emissions but we will also create jobs."

Lucas concluded, "Cost and reliability are huge factors in the energy scenario, therefore we must support the most affordable, abundant, and potentially clean fuel sources available, such as coal, to secure our well being."

    To view the study click below:
     http://www.iea.org/

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