27 Jun '12, 11pm

Can We Keep the World's Largest Coal Deposit Buried?

Can We Keep the World's Largest Coal Deposit Buried?

Al Jazeera English via Flickr /CC BY-SA 2.0 Mongolia is having a hell of a time figuring out what to do with the world's largest untapped coal deposit—it's the most sparsely populated nation on the planet, and it's sitting on top of a carbon bomb that could power China for 50 years. Naturally, industrial mining giants everywhere are throwing elbows for a piece of the action. Here's the New York Times : “All you need to mine here is a shovel,” said an awe-struck Indian investment manager as he stood behind a barrier, along with dozens of international mining industry executives and other eager investors, gazing at the immense coal pit gouged out of the rust-colored earth below... Mongolia has ... enough coal to fuel China’s huge demand for the next 50 years ...While Mongolia may be blessed by geology, it is cursed by geography. Landlocked between China and Russia, its three...

Full article: http://www.treehugger.com/fossil-fuels/can-we-keep-worlds...

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