What's the Fastest Growing Energy Source? You Won't Like the Answer

Coal is now the fastest-growing fossil fuel, with China and India combined accounting for 88% of global growth. Natural gas consumption growth is below average in all regions except for North America.

In fact, Bloomberg tells us that coal's share of world energy demand is at the highest level since 1970. Coal’s share of global energy use reached 30.1%, just below the 32.9% share for crude oil, which lost market share for a 14th consecutive year. 

As for natural gas -- Natural gas consumption rose 1.4% , below the historical average of 2.6%, to account for 23.7% of world primary energy use. 

Natural gas consumption rose 1.4%, below the historical average of 2.6%, to account for 23.7% of world primary energy use. 

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