GOOD! Now we’ll be FORCED into action.
The most important conclusion of this paper is that the peak of global coal production from the existing coalfields is imminent, and coal production from these areas will fall by 50% in the next 40 years. The CO2 emissions from burning this coal will also decline by 50%. Thus, current focus on carbon capture and geological sequestration may be misplaced. Instead, the global community should be devoting its attention to conservation and increasing efficiency of electrical power generation from coal.
…We repeat again that immediate upgrades of the existing electrical coal-fired power stations to new, ultra supercritical steam turbines that deliver electrical efficiencies of ca. 50% are urgently needed. The authors do not suggest that new coal-fired power plants be constructed, unless they are to replace less-efficient existing coal-fired plants. The goal should be to increase efficiency rather than capacity.
—Patzek and Croft