Coal’s end may be on the horizon

first_imgCoal’s end may be on the horizon FacebookTwitterLinkedInEmailPrint分享Bloomberg:Should we just give up now?The world’s electrical utilities need to reduce coal consumption by at least 60 percent over the two decades through 2030 to avoid the worst effects of climate change that could occur with more than 1.5 degrees Celsius (2.7 degrees Fahrenheit) of warming, the Intergovernmental Panel on Climate Change announced Monday.Such a target seems wildly ambitious: Even Bloomberg New Energy Finance, which tends to be more optimistic than other analysts (and more accurate) about the speed of energy transition, expects coal-fired generation to increase by 10 percent over the period. Hold on though. Is it really such a stretch?After all, U.S. coal-power generation decreased by about a third in the seven years through 2017, to 12.7 billion British thermal units from 18.5 billion, based on data from energy-market consultancy Genscape Inc. In the European Union, black-coal generation fell by about the same proportion over just four years through 2016, according to Eurostat, to 385,925 gigawatt-hours from 544,279 GWh.Across Europe and the U.S., the decline in coal output recently has averaged close to 5 percent a year. If the world as a whole can reach 7 percent a year, it would be on track to meet the IPCC’s 2030 target. The conventional wisdom is that this isn’t possible, as rising demand from emerging economies, led by China and India, overwhelms the switch from fossil fuels in richer countries. That may underestimate the changing economics of energy generation, though.The mainstream view is still that we can’t decarbonize our electricity system fast enough to meet the IPCC’s targets. But a decade ago, the current situation of plateauing demand for coal and car fuel and cratering renewables costs looked equally outlandish. Given the way the world’s energy market has changed in recent years, it’s a good idea to never say never.More: The end of coal could be closer than it lookslast_img read more

Fettinger returns to victory lane at Southern Oregon Speedway

first_imgZach Fettinger was first to the checkers in the Saturday feature for IMCA Modifieds at Southern Oregon Speedway. (Photo by Don Martin II)By Don Martin IIWHITE CITY, Ore. (July 7) – After taking the lead from Mark Wauge on lap 10, Zach Fettinger went on to win the 20-lap IMCA Modified main event Saturday at Southern Oregon Speedway.He won by a straightaway advantage at the checkered flag as Albert Gill settled for second.The feature had to be restarted after a lap one caution and that was the only yellow flag of the race. Wauge raced into the lead at the start, followed by Gill and Fettinger. Fettinger slipped past Gill for second on lap three, and the lead three cars ran in close formation at the front of the pack.A low move in turn two of the 10th lap put Fettinger into the lead and he was soon lapping slower cars. Wauge retired from second on lap 13, and Trenchard made a move around Gill for second a lap later. However, Gill came charging by on lap 15 to regain the position.Branden Wilson made a last-lap pass to score a surprising Karl Chevrolet Northern SportMod victory. The race had been led for much of the distance by 2016 Yreka champion Jimmy Lipke, who settled for second.last_img read more