WCA Chief Executive responds to BP energy report
                            
                                
                                
                                        
                                            
                                        
                                
                                    
                                        Published by Nicholas Woodroof,
                                        Editor
                                        
                                    
                                World Coal,
                                
                            
                        
The Chief Executive of the World Coal Association, Benjamin Sporton, has responded to BP’s Energy Outlook 2018, which was published on Tuesday, and forecasts that the world’s energy portfolio in 2040 will be comprised of oil, gas, coal and non-fossils fuels in roughly equal measure.
Sporton said: “Clearly, the world’s energy system is changing and there is an international movement to reduce carbon emissions. BP’s Energy Outlook supports a number of other independent forecasts that suggest despite the well-documented growth of renewables, fossil fuels, including coal, will remain dominant sources of energy in the global energy mix through to 2040. In line with the goals of the Paris Agreement there is a global imperative to drive commercialisation of carbon capture, utilisation and storage technologies. That is why the World Coal Association has long called for the fossil fuel industry to work together with governments to drive deployment. After all, we share similar objectives – to reduce the emissions profile of fossil fuels while ensuring global energy security.”
Read the article online at: https://www.worldcoal.com/coal/22022018/wca-chief-executive-responds-to-bp-energy-report/
You might also like
TAQA announces sale of lignite-based power plant in India
Abu Dhabi National Energy Company PJSC (TAQA) has announced the divestment of its 100% stake in TAQA Neyveli Power to MEIL Energy.