Coal will still fuel economic miracles
By Gregory H. Boyce | China Daily | Updated: 2012-06-12 08:27
China's 12th Five-Year Plan (2011-15) for coal demonstrates the essential role that 21st century coal plays in the energy, economic and environmental future of the world's second-largest economy. China's experience is a lesson for the rest of the world.
Study after study demonstrates the correlations among coal demand, economic activity and social progress, where a rise in coal use mirrors a rise in GDP.
China's economic growth has exceeded targets every single year this century, and its GDP largely tracks its generation growth, which translates into greater coal use.
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