BP: Record Drop in Global Coal Consumption in 2015

first_img FacebookTwitterLinkedInEmailPrint分享Yukako Ono for the Financial Times:Global coal consumption dropped 1.8 per cent in 2015, its largest fall on record, according to BP, as demand increasingly shifts to greener fuels. Coal was the only fuel that lost global market share in the power market although it remained the second largest with 29.2 per cent, the lowest share since 2005.The net decline in coal consumption was due to economic growth slowdowns in the US and China where production fell too, BP said.BP said in its statistical review released today that the shift is helping carbon emission reduction:Sluggish demand growth together with the shift in the energy mix away from coal meant that the growth in carbon emissions from energy consumption stalled in 2015. This encouraging development represented the slowest growth in emissions in nearly a quarter of a century (aside from immediately following the financial crisis).Carbon emissions increased by just 0.1 per cent in 2015, BP noted.Full article: Global coal demand saw record fall last year — BP BP: Record Drop in Global Coal Consumption in 2015last_img

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