A worker unloads a wheelbarrow on a pile of coal at La Flauta coal mine in Tausa, Colombia, Tuesday, Sept. 24, 2013. La Flauta mine, a small-scale, ÒartisanÓ mine that allows farmers to supplement their meager incomes, is located in an area under consideration for a nature reserve by the Environment Ministry. If declared a nature reserve, residents fear the mine would be closed. (AP Photo/Fernando Vergara)
DAEGU, South Korea: Coal will surpass oil as the key fuel for the global economy by 2020 despite government efforts to reduce carbon emissions, energy consultancy firm Wood Mackenzie said.
Rising demand in China and India will push coal past oil as the two Asian powerhouses will need to rely on the comparatively cheaper fuel to power their economies. Coal demand in the United States, Europe and the rest of Asia will hold steady.
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