Europe Is Returning to Coal

Europe Is Returning to Coal
Europe Is Returning to Coal

What happens when you don't frack and you decide to shut down nuclear? You return to coal. That's the lesson that Europe is learning these days. Despite all the brohaha about carbon emissions and global warming, Europe is marching straight back into the past by increasing its reliance on coal for electricity - and this in spite of a continent-wide recession and slumping demand. Germany is the worst example. It is actually building new coal plants even as it shuts down reactors and claims to be converting to wind and solar. Those "renewable" sources just aren't there when you need them.

Production from North Sea natural gas has been declining, as have gas imports from Russia and Algeria. With the Asian giants China, Japan and Korea competing for he same gas, the price is just getting too expensive. And so coal imports from the United States and South America are on the rise. It's Europe's loss and America's gain. But let's not hear any more lecturing from the Continent on the perils of climate change.

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