What is Coal?
Coal is a black or dark brown sedimentary rocks composed mostly of carbon and hydrocarbons.
What is the formation of Coal?
Coal starts to form by an organic material called Peat, which is found in swamp or marsh region, composed of partially decayed plants. And over a long period of time, peat will form coal, which is formed from plant remains, hundreds of millions of years ago.
World consumption in 2012
According to the BP Statistics the consumption outside the OECD rose by a below-average 5.4%; Chinese consumption growth was a below-average 6.1%, but China still accounted for all of the net growth in global coal consumption, and China accounted for more than half of global coal consumption for the first time. OECD consumption declined by 4.2% with losses in the US (-11.9%) offsetting increases in Europe and Japan. EU consumption grew for a third consecutive year.
Top 3 countries consume the most Coal
1.China
2.United States
3.India
2.United States
3.India
Why these countries are reliant on Coal?
China is the world’s largest consumer of coal, using more coal each year than the United States, the European Union, and Japan combined. United States rely on coal because it has the World's largest coal reserves. As for India, Coal is responsible for almost 70% of its electricity production.
Top 3 largest producers of Coal
1.China; 3,650.0 million tonnes (47.5%)
2.Unites States; 922.1 million tonnes (13.4%)
3.India; 605.8 million tonnes (7.4%)
2.Unites States; 922.1 million tonnes (13.4%)
3.India; 605.8 million tonnes (7.4%)
What is the United States price per gallon?
245.1 million tons.