ISSN: 2576-1463

Innovative Energy & Research
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  • Short Communication   
  • Innov Ener Res, Vol 10(9)
  • DOI: 10.4172/2576-1463.1000243

Innovative Energy: sustainable employment and economic growth of Coal Energy

Enrico Cagno*
Department of Management, Economics and Industrial Engineering, Politecnico di Milano, Italy
*Corresponding Author: Enrico Cagno, Department of Management, Economics and Industrial Engineering, Politecnico di Milano, Italy, Email: enrico.cagno@polimi.it

Received: 02-Sep-2021 / Accepted Date: 16-Sep-2021 / Published Date: 23-Sep-2021 DOI: 10.4172/2576-1463.1000243

Keywords: Electricity; Energy; Coal; Sustainable development

Description

Coal is the most widely available fossil fuel resource. It forms the backbone of the world’s electricity supply, providing more than 40% of our electricity needs. It is also a key component in the production of steel and concrete; vital materials in building sustainable societies. Energy is critical to sustainable development to building stronger communities with hospitals and schools. It supports business and industry so that they can deliver sustainable employment and economic growth. Across the world there are 1.3 billion people without access to electricity. International action is needed to change this. It is predicted that by 2035, unless action is taken, around one billion people will still be living without electricity. The world needs an energy access target to provide energy to those who need it most. Coal will be the bedrock on which energy access is built [1].

International Energy Agency projections show that it will provide more than half of the ‘on-grid’ electricity needed to deliver energy for all. Clean coal technologies, such as advanced coal-fired power generation and carbon capture and storage, can enable the world’s coal resource to be used in line with environmental and climate objectives. Coal mining provides more than seven million jobs worldwide and in 2010 the industry invested more than US$7 billion in capital expenditure in developing countries [2].

Apart from the CO produced during coal combustion, operations related to flue gas clean-up produce 2 more CO than any other upstream process. Limestone production, transportation, and use account for 2 59% and 62% of the non-coal CO emissions in the Average and NSPS systems. These amounts are 2 greater than twice the CO emissions related to transportation of the coal [3]. In the LEBS system, operations 2 associated with the production and uses of natural gas to regenerate the CuO sorbent are responsible for 35% of the total non-coal CO emissions. Coal transportation, in this system, produces nearly 40% of 2 the non-coal CO2[4].

The prudent us of coal will allow the U. S. the time needed to develop viable alternative energy sources primarily solar technology and fuel from grain---without any negative impact on our national economy [5].

Conclusion

Coal can be mined and burned with little environmental impact. There has been tremendous strides in environmental responsibility with mining coal and burning coal. However, there still is pressure of global warming. If we burn less fossil fuels, what, as a practical matter, is our energy alternative? Nuclear? Hydro? Solar (there is no practical way to provide the massive amounts of electricity needed to run our country through solar energy---it is viewed as impractical at this time).

References

  1. Soytasa U, Sari R (2009) Energy consumption, economic growth, and carbon emissions: Challenges faced by an EU candidate member. Ecol Econ 68: 1667-1675.
  2. Blocha H, Rafiqb S, Salim R (2015) Economic growth with coal, oil and renewable energy consumption in China: Prospects for fuel substitution. Econ 44: 104-115.
  3. Wang H, Xin M, Feng X (2019) Research on the SD Simulation Path of Coal Economic Growth in China under the Perspective of Technological Innovation. IOP Conf Ser Earth Environ Sci 252: 52-145.
  4. Menyaha K, Wolde-Rufael Y (2010) Energy consumption, pollutant emissions and economic growth in South Africa. Energy Econ 32:1374-1382.
  5. Adedoyin FF, GumedeMI, Bekun FV, Etokakpan MU, Balsalobre-lorent D (2020) Modelling coal rent, economic growth and CO2 emissions: Does regulatory quality matter in BRICS economies? Sci. Total Environ 710: 136-284.

Citation: Cagno E (2021) Innovative Energy: sustainable employment and economic growth of Coal Energy. Innov Ener Res, 10: 243. DOI: 10.4172/2576-1463.1000243

Copyright: © 2021 Cagno E. This is an open-access article distributed under the terms of the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original author and source are credited.

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