

This means our quantity of reserves changes all the time – not only based on how much we consume, but by how much new resources are ‘unlocked’. Reserves represent only some fraction of resources, however we continue to discover new quantities of coal, and with time more becomes technologically feasible to extract. In other words, we know it’s there and it would be technologically and economically feasibly to extract it. “Proved reserves” represents coal that we know with reasonable certainty could be recovered in the future under existing economic and technological operating conditions. It’s important to distinguish reserves versus resources here. In the interactive chart we see proved coal reserves across the world. Which countries have the potential to extract and sell them? But where in the world does our existing reserves of fossil fuels remain? In previous sections we looked at how much fossil fuels different countries produced or consumed. When will countries phase out coal power?.Share of the workforce employed in the coal industry, United Kingdom.Share of primary energy from fossil fuels.Share of electricity production from oil.Share of electricity production from gas.

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#FUEL CONSUMPTION DRIVER#
When burned they produce carbon dioxide (CO 2) and are the largest driver of global climate change. Fossil energy has been a fundamental driver of the technological, social, economic and development progress which has followed.įossil fuels (coal, oil, gas) have, and continue to, play a dominant role in global energy systems.īut they also come with several negative impacts. But the Industrial Revolution unlocked a whole new energy resource: fossil fuels. For most of human history our ancestors relied on very basic forms of energy: human muscle, animal muscle and the burning of biomass such as wood or crops.
