Posted on 18/07/08
Skyward oil stokes a coal-fired future
OTTAWA -- Der Spiegel, the German newsmagazine, explained earlier this month why the Persian Gulf states are switching to coal. "[They] may be sitting atop massive oil reserves," the magazine said. "But with prices for crude skyrocketing, it makes more sense to sell it than to use it. Instead, the Gulf states are turning to coal for their own energy needs - to the detriment of the climate." And these states are not alone. "Demand for coal plants," the magazine says, "is growing rapidly across the globe."
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