Australia Pollution Hazards Surge with Global Coal Demand

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Two recent reports, released separately, forecast higher demand for coal in the next five years and its impact in terms of additional carbon dioxide releases.

The International Energy Agency's Paragon Report predicted global coal demand to go up at an average rate of 2.6 per cent annually over the next five years. The report, based on investing opportunities in the coal industry and equity research, said that by 2017, coal will displace oil as the world's top energy source.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.



This article appears in: Investing , Commodities

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