The New York Times reports:
The United States Energy Information Administration forecasts that global energy consumption will grow 56 percent between now and 2040. Almost 80 percent of that energy demand will be satisfied by fossil fuels. Under this assumption, carbon emissions would rise to 45 billion tons a year in 2040, from 32 billion in 2011, and the world would blow past its carbon ceiling in fewer than 25 years.
“We have trillions of tons of coal resources in the world,” Vic Svec, spokesman for Peabody Energy, told me. “You can expect the world to use them all.”