The Forum > General Discussion > O'Farrell on Energy
O'Farrell on Energy
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before 2025.
For many years it was thought there were hundreds of years of coal
still available. However recent surveys have discovered that these
figures which were up to 50 years or more old were just wrong.
There is one study by a Texas University group that has
produced a paper that states peak coal (might be US peak) will occur
in 2011.
The problem is quality not quantity as they say.
All the easy coal has been dug out and the world is now into deeper
and smaller more expensive seams.
The better quality coal was the first to be mined as expected.
The question for Australia is should be hold off on export until we
have an idea whether an alternative to coal will be available in time.
This is the same question as for natural gas.
We can sell coal and use the money to build nuclear power stations.
How long will that take ? What rate should we export coal so that
our coal becomes too expensive just as we get nukes up and running ?
These are the questions I would hope our government would be studying
now. Unfortunately I don't think they would even understand the
question let alone think of the question.