GEOG 339 Lecture Notes - Lecture 16: Paris Agreement, Rulemaking, International Energy Agency
Document Summary
Fast-changing landscape solar and wind energy have become much more efficient and less costly. Wind power declined 60% in cost solar power declined 80% in cost. Paris would allow them to rise by 13% India"s coal consumption has more than doubled since 2005. Yet still considered below what the country needs to accomplish economic growth goals. U. s. coal production peaked in 2008 has declined by 500 million tons per year, putting 5 million fewer coal-carrying train cars on the tracks annually. Market shift driven by economics competition with foreign coal sources diminishing us experts in 2015, retired nearly 4. 6% of the nation"s coal-fired power plant capacity, nearly half of it in just three states. Ohio, georgia and kentucky units retired were mainly older and smaller . U. s oil production also fading largely due to low worldwide oil prices number of active oil and gas rigs in us has fallen by 61% in the last year alone.