SPARWOOD VIRTUAL MUSEUM OF COAL MINING
INTRODUCTION
NATURAL HISTORY
  HUMAN HISTORY
MINING COAL - ECONOMICS
MINING COAL - METHODS
MINING COAL - COSTS
MICHEL-NATAL BEGINNINGS
MICHEL-NATAL CELEBRATIONS
MICHEL-NATAL WOMEN
MICHEL-NATAL CLUBS
MICHEL-NATAL SPORTS
THE MOVE TO SPARWOOD
SPARWOOD TODAY
LEST WE FORGET
GLOSSARY
CONTACT US
SITE MAP

MINING COAL - ECONOMICS - Coal Today and in the Future

 

Coal is the world’s most abundant fossil fuel and is second only to oil as an energy source. Economically mineable reserves exceed one trillion tonnes -- enough to last over 200 years at current rates of consumption. By comparison, current reserves of oil will last 45 years and natural gas 70 years.

Unlike oil and gas reserves that tend to be concentrated in specific regions, coal is widely distributed. In some regions, coal is the only realistic option as an energy source due to factors of availability and economics.

Coal is also one of the largest commodities moved by ships worldwide.

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