Word: coal
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...Solar energy, solar energy, solar energy-forget oil, gas, coal and everything else thousands of feet underground. Solar energy is open, aboveground and free for the asking-not in billions of gallons but billions of years...
...neatly kept frame houses of Nottingham, one room only is bright at night, and the Christmas trees standing in the windows are unlit. Still, no one there complains about the fuel shortage, for it was in the coal fields of Nottingham that the miners' November revolt began, precipitating Britain's present crisis...
...could help the Chinese solve one of their toughest trade problems: paying for massive imports of foreign technology. In addition to expanding its trade with the U.S., China has been on something of an international spending spree. This year it contracted for about $ 1 billion of industrial goods including coal mining equipment from Great Britain, fertilizer and thermal power plants from Japan and a petrochemical complex from France. In January, the government disclosed that the Chinese were willing to seek "deferred payment arrangements"-a euphemism for foreign credits-to pay for still more technology. This departure from China...
BRITAIN. Growth was already slowing when the oil emergency and a coal miners' ban on overtime work caused the government to order drastic austerity. Now, says W.A.P. Manser, adviser to a London merchant bank, the political situation makes economic forecasting virtually impossible for the short term. The outcome for the year will depend not only on the Arabs but also on how long the government holds to a mandatory three-day week for industry -which in turn depends on its negotiations with the Mineworkers Union...
...Europe may well have developed alternatives to imported oil-coal, nuclear power, and North Sea oil-that will loosen the grip of Middle East politics on its economy. Chevalier cautions, however, that the alternatives will not be cheap: "The era of inexpensive abundant energy has ended...