Orano warns of financial problems at Niger uranium plant
The West African nation increasingly seeks new partners, such as Russia, in its mining sector.
It took a few days, but it surely came: the World Coal Association (WCA) has reacted to UN climate chief Christiana Figueres’ call to the industry to stop mining and invest in efficient technologies, saying she is “ignoring reality.”
In an interview with Responding to Climate Change, WCA’s CEO Milton Catelin said Figueres’ lack of expertise in the mining and energy sectors meant she doesn’t get “some of the fundamentals about the energy sector.”
He went onto saying that following her call would be like telling Figueres’ home country —Costa Rica— that is not longer allowed to have access to electricity. “To suggest that you can close all subcritical [coal-fired] plants tomorrow totally ignores reality,” Catelin added.
He said the world simply can’t abandon the black combustible, which generates about 41% of world electricity, especially when studies suggest coal will overtake oil as the main source of energy by 2020.
However, coal miners around the world are being targeted by a mounting number of investors and global organizations. They are concerned with the greenhouse emissions the industry would generate if the nearly $8 trillion of known coal reserves are extracted in the near future.
According to the International Energy Agency, coal combustion generated 43% of all CO2 emissions in 2010, a figure that is expected to gradually rise between now and 2035.
Image by the World Economic Forum
6 Comments
Mike Failla
New world order?
David_R59
These idiots in the UN know that CO2 is not causing global warming; it’s actually changes in the Sun that’s causing it. Global temperatures are going to rise whatever humans do.
They have an ulterior motive for all this.
Irredeemable Gary
Of course they do, David. It’s called control. If you control the money, you have great power.
In 2008, I wrote an article called “Why Global Warming” after finding an ad in my golf magazine.
http://gawfer2001.blogspot.com/search?q=why+global+warming
IBM of all companies forecast 104 billion dollars to be made on the hysteria… in 2008!
It’s all a sham to remove $$ from your pocket and mine.
bob ashworth
Gas, oil, coal and biomass are the only real “green” fuels; CO2 makes plants grow, nothing green about windmills, solar or hydroelectric power. CO2, as all other normal gases in our atmosphere cool the planet, although the concentration of CO2 (~400 ppmv with man contributing 12 ppmv) is so small, man could never measure its cooling effect. Man did cause global warming via CFC destruction of ozone that allowed the stratosphere to cool some 1.5 C and the earth to warm some 0.6 C from 1966 to 2002. However, the Montreal Protocol, came into effect in 2000 and all CFC production facilities in developed nations were shut down. Since 2002 there has been slight cooling on earth as the stratospheric ozone has started to increase. It will take until about 2100 before stratospheric ozone gets back to normal. Sure wish there were more competent scientists analyzing the CO2 global warming fraud.
Pedro Macchiavello Hart
She doesn’t have a clue what is needed to keep the lights on. Today is politically correct attack coal and other fossil forms of fuels. The exercise should be, how we can define and implement policies that really addresses the problem and how we make all the alternatives being compatible with the politically correct environmental concerns!!! Maybe she should try to shut down the Costarican active volcanoes… Too much CO2 emissions!!!
bob ashworth
Over 31,000 scientists in the US have debunked global warming, including Dr. Edward Teller, see http://www.petitionproject.org/
Only 272 pseudo-scientists were mentioned not 837 you relayed; although the website seems screwed up – not surprising! They are most likely being paid to promote the fraud so we can pay more for non-green energy and a few at the expense of the many can make money not based on science – based simply on greed!
These papers below were published on http://www.energypluse.net, if you care to read them. They are based on science, not beliefs.
Earth Warming Effect Only Due to CFC Destruction of Stratospheric
Ozone! – July 16, 2013
The Man-made CO2 Global Warming Fraud! –
August 28, 2012
Gas Molecules and Dust in the Atmosphere Cool the Earth! – January
19, 2012
Eliminating all Man-Made CO2 — Earth gets Warmer? – February 02,
2010
CFC Destruction of Ozone – Major Cause of Recent Global Warming! –
September 04, 2009 (also in Hydrocarbon Processing)