Coal and Nuclear Power Can’t Substitute for Pricey Oil
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(Corrects status of Japan’s nuclear program in the 27thparagraph. This is the second of four excerpts from “The BigFlatline: Oil and the No-Growth Economy.”)
Sept. 25 (Bloomberg) -- About 40 percent of the world’selectric power is generated from burning coal, which is secondonly to oil in contributing to global energy use.