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

Kawhi Leonard’s birthday wish: A trade to the Lakers

first_imgOne day before the start of NBA free agency, Kawhi Leonard of the San Antonio Spurs turned 27 years old on Friday, and it is no secret what his birthday wish is.A trade to the Lakers.Why?He wants to return to Los Angeles, the city where he was born and a short trip from where he played high school basketball in Riverside County. Related Articles How athletes protesting the national anthem has evolved over 17 years Newsroom GuidelinesNews TipsContact UsReport an Error It is possible that James and George will head to Los Angeles as unrestricted free agents. Lakers practice early hoping to answer all questions Maybe if Leonard blew out his candles and wished for a trade to the Lakers one more time, it may come true after all.Leonard has one year remaining on his contract before he can explore free agency at the end of the 2018-19 season. As long as he is under the Spurs’ control, he must play by their rules.Sign up for Home Turf and get exclusive stories every SoCal sports fan must read, sent daily. Subscribe here.Reaction to the Birthday Tweet from the Spurs:center_img Trail Blazers, Grizzlies advance to NBA play-in game; Suns, Spurs see playoff dreams dashed Lakers, Clippers schedules set for first round of NBA playoffs AD Quality Auto 360p 720p 1080p Top articles1/5READ MOREUCLA alum Kenny Clark signs four-year contract extension with PackersThe Spurs made it pretty clear on Twitter that the team still has the former NBA Finals MVP’s birthday written down on its calendar, but Leonard may have to sit at home while the party goes on without him in LA, assuming the Lakers sign LeBron James and Paul George. Trail Blazers beat Grizzlies in play-in, earn first-round series with the Lakers pic.twitter.com/XYmy86hV5O— dylan (@wavydylan_) June 29, 2018last_img read more