China has launched a massive program to convert coal to gas and pipe gas to cities thousands of miles away. India is likely to follow that example. Editors of Fossil and Nuclear Power Generation: World Analysis and Forecast have concluded that this program will have a major effect on energy prices and the world economy. The U.S. economic outlook has changed due to the supply of low cost shale gas. China believes coal gasification is going to provide similar benefits. Here are the anticipated costs: … Click Here For Complete News Release Text
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