T hough coal is cheap and abundant, governments in fast-growing Asian economies are increasing efforts to meet the quest of the expanding middle class for cleaner air and a healthier living in urban metropolis. "Lower costs of coal are greatly outweighed by...
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T hough coal is cheap and abundant, governments in fast-growing Asian economies are increasing efforts to meet the quest of the expanding middle class for cleaner air and a healthier living in urban metropolis. "Lower costs of coal are greatly outweighed by health hazards; so natural gas is indispensable to a cleaner global energy future," Al-Thani stressed. Surge in energy demand driven by a growing global middle-class His views were mirrored by Chevron's CEO John Watson, who pointed out projections of a staggering 40% growth in global energy demand by 2035, as incomes rise and the middle-class grows to nearly 5 billion people. "In the future, all forms of energy are needed to meet the drastic rise in energy demand," he suggested, but highlighted the advantages of gas as "affordable, abundant, scalable (for generation purposes) and ideally placed to complement intermittent renewables." Weekly News 5 June 2015 POLICY Statoil pursues shadow CO2 price of $50-60/ton 2 REGULATION Korean po
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