Thursday, June 14, 2012

BP Provides A Quick Review of World Energy in 2011

BP's statistical review is out for 2011, and it is as expected by some of us - but not too many.
Coal consumption grew by 5.4% in 2011, the only fossil fuel to record aboveaverage growth and the fastest-growing form of energy outside renewables. Coal now accounts for 30.3% of global energy consumption, the highest share since 1969. Consumption outside the OECD rose by an above-average 8.4%, led by Chinese consumption growth of 9.7%. OECD consumption declined by 1.1% with losses in the US and Japan offsetting growth in Europe.  Global coal production
grew by 6.1%, with non-OECD countries accounting for virtually all of the growth
and China (+8.8%) accounting for 69% of global growth.

The video is short and informative.

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