"Asia's insatiable demand for coal plays havoc with climate goals".

Ambrose Evans-Pritchard in the Telegraph: “If no changes are made to current policies, coal will catch oil within a decade,” (the IEA) said. …“The situation is utterly dire,” said Jeremy Leggett, head of the UK Task Force on Peak Energy and Climate Change.” “The window over the next decade is absolutely crucial. The danger threshold is a two-degree rise in average temperatures above pre-industrial levels by the end of the century. We’re currently on track for a rise of six degrees. The cognoscenti in the scientific world are terrified,” he said. …The world has yet to build a single CCS project for large-scale electricity output. …Asia’s industrial revolution is the driving force behind the coal revival. The shale effect has been to divert excess US coal to Europe. Prices have fallen from $200 a tonne to nearer $90, undercutting gas in Europe. Coal use in power plants has jumped by 65pc in Spain and 35pc in Britain this year. ….For Indonesia and Australia, the world’s top producers, another decade of roaring coal demand is a godsend. It is even better news for Glencore, Peabody, Coal of India, and Shenhua Group. For the rest of us, let us hope that man-made global warming is a hoax after all.”