We Won’t Beat Climate Change Until We’ve Beaten Coal
Of course, there’s a reason why coal is so popular in China and in much of the rest of the world: it’s very, very cheap. And that’s why, despite the danger coal poses to health and the environment, neither China nor many other rapidly growing developing nations are likely to turn away from it. (If you really want to get scared, see this report from the International Energy Agency — hat tip to Ed Crooks of the Financial Times — which notes that by 2017, India could be
burning more importing as much coal as China.) That’s likely to remain the case in poor nations until clean energy can compete with coal on price — and that day hasn’t come yet.