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 read more

Lakers’ Kobe Bryant confident in front office rebuilding quickly

first_imgThe Lakers are considered the NBA’s most valuable franchise, worth $2.6 billion, according to Forbes’ annual rankings that were released Wednesday. The Lakers can thank their lucrative cable deal with TWC SportsNet, worth $5 billion through 25 years. The Lakers’ value increased by 93 percent, according to Forbes, because of the NBA’s new $24-billion national television deal. Of course, the Lakers also have 16 NBA championships.But what about the Lakers (12-31) being on pace to set their worst record in L.A. franchise history?Mindful that the Lakers have enough cap space to sign free agent to a maximum-salary contract, Bryant expressed confidence in general manager Mitch Kupchak and called his track record “phenomenal.”“The league had to protest the trade that he made,” said Bryant, referring to the Lakers acquiring Chris Paul from New Orleans in 2011 before the NBA rescinded the deal. “He pulled that off and saved money. What other GM could pull that off? You have to lean on the track record of the front office and the decisions they make. He makes really solid ones.”Lakers coach Byron Scott said he and Kupchak have talked about potential free agents they like. Newsroom GuidelinesNews TipsContact UsReport an Error NEW ORLEANS >> Which free agents Kobe Bryant plans to recruit this offseason remains a mystery. He may have told the Boston Herald he would still talk to point guard Rajon Rondo about joining the Lakers despite the Celtics recently trading him to the Dallas Mavericks, Bryant would not divulge who else he would target, although the candidates could include Memphis’ Marc Gasol, Phoenix’s Goran Dragic, Portland’s LaMarcus Aldridge and Cleveland’s Kevin Love. What will Bryant tell them?“It’s the best organization in the world, the best brand in the world and we win championships,” Bryant said following the Lakers’ 96-80 loss on Wednesday to the New Orleans Pelicans at Smoothie King Center. “There’s no place like winning in Los Angeles.”center_img “We have a lot of holes to fill,” said Scott. “We still feel the future is bright. We just have to take the necessary steps to get there.”Scott has experienced quick rebuilding projects. After finishing 26-56 his first season with the former New Jersey Nets, Scott guided the Nets to the 2001 NBA Finals the following season before losing to the Lakers in four games.“That doesn’t happen that often,” Scott said. “We had three first-round picks and got Jason Kidd in a trade. We struck lightning in a bottle.”Instead, Scott looked at his rebuilding success with the former New Orleans Hornets. After going 18-64 in the 2004-05 season, New Orleans selected Paul in the 2005 NBA draft before making two consecutive playoff appearances in 2008 and 2009.“The way we did it here in New Orleans is the way we’re going to have to do it again,” Scott said. “Progressively it gets better each year and then boom, the guys explode on the scene.”last_img read more