ExxonMobil Says Natural Gas to Surpass Coal by 2030

Natural gas will surpass coal and emerge as the second-largest global energy source behind oil by 2030, forecasts ExxonMobil Corp. in its annual energy outlook, "Outlook for Energy: A View to 2030." As a lower-cost source than coal, natural gas will become a "particularly attractive" fuel for the electric power generation sector, predicted to "soar" globally by more than 150 percent, according to Bill Colton, vice president, corporate strategic planning, who reported the outlook results in a conference call yesterday.
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Source: CSNews