His name is Jarand Rystad, founder of Oslo based Rystad Energy. <\/p>\n\n\n\n
Quote\u00a0 “”A: I think peak coal is very soon. It could even be this year or next year.\u00a0 We are close to peak thermal in China, most likely this year or next, meaning coal and gas electricity generation.\u00a0 China is half of the coal market, so it\u2019s very relevant.
In Europe and the U.S. coal has been trending down for many years.\u00a0 The trend down in Europe and America is balancing the trend up in India and Indonesia and a few other countries and Pakistan, and then China\u2019s peaking.\u00a0 So they are very close to peak coal.””<\/p>\n\n\n\n
Quote “”A: So let\u2019s say that it\u2019s 38 gigatons of emissions that you need to mitigate. Solar photovoltaic alone will mitigate 11 gigatons. Batteries and EVs separately are the next important, which is about 5.5 gigatons each. And CCUS (carbon capture, utilization and storage) also has the potential to mitigate 5.5 gigatons. The fifth is wind, which is also like 5.5 gigatons.””<\/p>\n\n\n\n
https:\/\/apnews.com\/article\/climate-change-rystad-energy-peak-oil-7927a9ac8172b0f278d0db35d5f19f0c<\/p>\n","protected":false},"excerpt":{"rendered":"
His name is Jarand Rystad, founder of Oslo based Rystad Energy. Quote\u00a0 “”A: I think peak coal is very soon. It could even be this year or next year.\u00a0 We are close to peak thermal in China, most likely this year or next, meaning coal and gas electricity generation.\u00a0 China is half of the coal <\/p>\n (Read More…)<\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[23,466,722,348],"tags":[485,3722],"class_list":["post-20400","post","type-post","status-publish","format-standard","hentry","category-books-documents-literature","category-climate-change","category-newsmedia","category-websites","tag-climate-change","tag-optimistic"],"_links":{"self":[{"href":"https:\/\/rustybolt.info\/wordpress\/index.php?rest_route=\/wp\/v2\/posts\/20400","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/rustybolt.info\/wordpress\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/rustybolt.info\/wordpress\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/rustybolt.info\/wordpress\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/rustybolt.info\/wordpress\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=20400"}],"version-history":[{"count":2,"href":"https:\/\/rustybolt.info\/wordpress\/index.php?rest_route=\/wp\/v2\/posts\/20400\/revisions"}],"predecessor-version":[{"id":20402,"href":"https:\/\/rustybolt.info\/wordpress\/index.php?rest_route=\/wp\/v2\/posts\/20400\/revisions\/20402"}],"wp:attachment":[{"href":"https:\/\/rustybolt.info\/wordpress\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=20400"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/rustybolt.info\/wordpress\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=20400"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/rustybolt.info\/wordpress\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=20400"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}