Fossil fuels research

This is from various websites it took me a bit to do but I didn't actually need it and it is fossil fuels, effect on economy and a couple of graphs complete with sources. Hope it helps you!

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Blow to environment as demand for fossil fuels set to increase (Google news)
The world's dependence on fossil fuels, particularly coal, is set to rocket over the next two decades, with China and India
leading demand, the International Energy Agency has warned.
The IEA, energy watchdog and advisor to 26 countries, on Wednesday published a bleak picture of energy demand in its
World Energy Outlook 2007 report, a study which highlights longterm trends that will shape energy policy up to 2030.
Coal will make a comeback, the Middle East and Russia will grow in influence as oil suppliers, and emerging giants
China and India will account for most of the increase in energy demand.
"The trends in energy demand, imports, coal use and greenhouse gas emissions to 2030 in this year's World Energy
Outlook are even worse than projected in WEO 2006," the agency warned.
It gave little hope to those looking for a technological breakthrough, which many believe is necessary for a meaningful
reduction in world greenhouse gas emissions.
The Parisbased research centre did not identify a clean, new source of energy that can provide the power needed to fuel
improvements in living conditions for the world's poor without damaging the environment.
Instead, it predicted that coal, one of the oldest and dirtiest sources of energy, would be king in emerging countries
China and India in 2030.
"In line with its spectacular growth over the past few years, coal sees the biggest increase in demand in absolute terms,
jumping by 73 percent between 2005 and 2030," the agency said.
"China and India, which already account for 45 percent of world coal use, drive over fourfifths of the increase (in its use)
to 2030."
The 663page report was packed with alarming statistics based on a "reference scenario" in which energy consumption
continues on current trends without government measures to reduce demand and greenhouse gas emissions.
Under this model, energy demand increases by more than 50 percent up to 2030, with 84 percent of the new demand
supplied from fossil fuels.
China and India's energy needs, measured in tonnes of oil equivalent, more than double from 20052030. China's energy
demand surpasses that of the US after 2010 and its pollution problems worsen.
China is also set to become the world's biggest emitter of greenhouse gas emissions this year, the IEA said.
Coalfired power stations have been "the primary cause of the surge in global emissions in the last few years," the IEA
said, and new power stations in China and India are likely to be mostly coalfired.
China is set to build new power stations with output of more than the installed capacity of the United States. India needs
as much as the installed capacity of Japan, South Korea and Australia combined, the report found.
Because of this, the IEA urged governments to focus on developing clean coal technologies, in particular carbon capture
and sequestration (CCS), which entails capturing carbon and storing it underground.
According to its calculations, if governments do not take further action the world's temperature could rise by six degrees
Centigrade beyond 2030, Fatih Birol, head of research at the IEA, told AFP.
The report also included two other scenarios, one entitled "alternative policy" in which governments enact measures
(which are currently under discussion) to increase energy efficiency and reduce greenhouse gas emissions.
And another "highgrowth policy" in which the Indian and Chinese economies grow faster than the "conservative" rate of
6.0 percent per annum used in the other two scenarios.
Even under the "alternative" model, carbon dioxide emissions in 2030 are still more than 25 percent higher than now, and
the "highgrowth" model is even worse.
A bigger reduction in emissions requires policy action and technological transformation "on an unprecedented scale," the
IEA said.
The conclusions of the IEA are also of vital importance for international relations.
The grip of Middle Eastern producers and Russia on world oil resources will tighten, although the IEA did say that there
was sufficient oil to satisfy demand so long as planned investments in new capacity are made.
The 12member Organisation of Petroleum Exporting Countries, which is dominated by Saudi Arabia, is projected to
provide 52 percent of world supply in 2030, up from 42 percent presently.
"The greater the increase in call on oil and gas from these regions, the more likely it will be that they will seek to extract
a higher rent from their exports and to impose higher prices in the longer term," the IEA said.
This is bad news for consuming countries with oil prices already at nearly 100 dollars per barrel.
(http://www.coriolisenergy.com)

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Renewables Hydro Nuclear
Gas Oil Coal
Oil
Share of global demand Share of global reserves
Share of global demand Share of global reserves
Gas…read more

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Coal
Share of global demand Share of global reserves
Coal is a much more evenly distributed resource than oil and gas and, until being overtaken by oil in the 1960s, was the
largest source of energy. Today it accounts for 25% of total energy demand, though provides around 40% of fuel used for
electricity production (and up to 7080% in emerging economies such as China and India due to their indigenous
reserves).…read more

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By July 9, 2011, roughly 491 miles (790 kilometers) of coastline in Louisiana, Mississippi,
Alabama and Florida remained contaminated by BP oil, according to a NOAA spokesperson. In October 2011, a NOAA
report shows dolphins and whales continue to die at twice the normal rate. In January 2011 the White House oil spill
commission released its final report on the causes of the oil spill.…read more

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