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Tag Archives: oil leverage
Why World Coal Consumption Keeps Rising; What Economists Missed
A primary reason why coal consumption is rising is because of increased international trade, starting when the World Trade Organization was formed in 1995, and greatly ramping up when China was added in December 2001. Figure 1 shows world fossil … Continue reading
Posted in Alternatives to Oil, Energy policy, Financial Implications
Tagged China, coal, economists, fossil fuel, India, international trade, Kyoto Protocol, oil leverage, recession
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