Old Rocks
Diamond Member
Now they are building terminals here on the West Coast to ship coal to China. A small increase in the yearly increase of use represents large decrease in the time to depletion of the resource. And every year the cost increases because the coal that is easy to get out is taken first.
How Much Coal Is Left - Energy Explained, Your Guide To Understanding Energy
Based on U.S. coal production for 2010, the U.S. recoverable coal reserves represent enough coal to last 239 years. However, EIA projects in the most recent Annual Energy Outlook (January 2012) that U.S. coal production will increase at about 0.4% per year for the period 2009-2035. If that growth rate continues into the future, U.S. recoverable coal reserves would be exhausted in about 168 years if no new reserves are added.
How Much Coal Is Left - Energy Explained, Your Guide To Understanding Energy
Based on U.S. coal production for 2010, the U.S. recoverable coal reserves represent enough coal to last 239 years. However, EIA projects in the most recent Annual Energy Outlook (January 2012) that U.S. coal production will increase at about 0.4% per year for the period 2009-2035. If that growth rate continues into the future, U.S. recoverable coal reserves would be exhausted in about 168 years if no new reserves are added.