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user-inactivated  ·  3918 days ago  ·  link  ·    ·  parent  ·  post: Carbon Crash, Solar Dawn

Any decline in coal demand has got to be good news. A Chinese War On Pollution may be the single best thing to date in terms of positioning the geopolitical players in a way that makes a cooperative response to Global Warming even possible.

But still, the U.S. consumes . . . or consumed . . . 18,490 barrels of oil per day during 2012 and our consumption beat China by nearly 2 to 1.

Do you feel that the price of a gallon of gasoline at the pump is a fair barometer of demand? And if so, is demand a fair indicator of when or if a tipping point has been reached with regard to the demand for oil?