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Although it has received less attention than the plunge in oil prices since mid-2014, the drop in coal prices has had a profound impact on global energy markets. Underpinning the weakness in coal prices is the decline in coal consumption in China for the first time this century, while pledges to reduce CO2 emissions made by dozens of countries ahead of the UN climate negotiations in Paris in December 2015 are also providing negative sentiment for coal producers. Partly offsetting the gloom is demand from a few populous emerging economies in Asia - particularly India - and the high odds that coal will remain China's top energy source for several years to come.Market players are now wondering if coal prices have hit the bottom, how long producers can survive at these levels and when oversupply will be balanced. Whereas the low prices make coal producers struggle, they prove very attractive for power generators despite increasingly strong environmental policies, growing competitiveness of renewables and declining gas prices.This year's edition of the IEA's Medium-Term Coal Market Report presents, for the first time, a Chinese "Peak Coal" case, which explores the factors that could cause coal use in China to enter a structural decline. It also studies the potential impact of such a peak on supply, prices and trade flows. As in past editions, the report analyses recent trends in coal supply, demand and trade; provides forecasts for the next five years, and gives insights on questions that concern industry and policymakers..
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Analysis on coal often tends to be one-sided. But to truly understand the important role that coal plays, for better or worse, in the global energy system, it is critical that we examine both sides of the coin. This means understanding the implications of climate agreements on the future for coal while at the same time coming to terms with what coal is doing - and will continue to do - for energy security and energy access in developing and emerging economies. This means taking a close look at those emerging economies, specifically in South and Southeast Asia. For example, given China's dominance in coal markets, the main problem for the coal industry is adjusting to how Chinese demand and imports will evolve in the future. In India, already the second largest coal consumer in the world, coal use is expected to grow. Will this trigger imports? Viet Nam, a net exporter until 2014, is building coal power plants at a fast pace. How much coal will they need to import? Where will that coal come from?Meanwhile, despite an increase in the price of natural gas price in the United States, coal consumption continues to drop. Is this decline inevitable? The last coal plants closed in Belgium and Scotland in 2016 while other European nations have announced the end of coal generation. Is coal going to disappear forever from Europe? At the same time, banks and funds are turning away from coal financing. Will this bring a halt to construction of new coal power plants? The Medium-Term Coal Market Report 2016 addresses these questions and more, providing insight into the drivers of coal demand, supply and trade through 2021.
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Indian coal reserves are the third largest in the world, after the United States and China. India is the third largest coal producer in the world and the eighth largest importer. With annual production of 310 million tonnes and imports of almost 25 million tonnes, coal provides one-third of energy supply in India. The Indian government forecasts huge increases in electricity capacity based on coal. Massive increases in coal supply would be required if these plans are realised, although it is not clear if they are feasible. The principal objective of Indian coal policy should be to improve the financial performance of the industry by creating a freely competitive coal industry. A financially viable electricity industry will be necessary to support reforms in the coal industry. This report describes the Indian coal sector, and comments on government policies and the performance of India’s largely state-owned coal companies. There is a substantial need for reforms in India’s coal sector to improve efficiency and competitiveness.
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Coal miners --- Coal mines and mining --- History --- Government policy
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This book seeks to redress the exclusion of colliery managers and other mining professionals from the history of British, and particularly Scottish, coal industries. This is accomplished by examining these groups within the most crucial period of their ascendancy in the Scottish coal mining industry, 1930-1966. This work seeks to place such persons within their context and to examine their roles, statuses and behaviours through their relationships with employees and the execution of their functions, also examining their terms and conditions of employment, the outlook of their professional asso
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This book is the principal authority for the general treatment of the history of coal, and of iron and steel, in Alabama.
Mines and mineral resources --- Coal mines and mining --- Iron industry and trade --- Alabama --- Economic conditions.
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Coal mines and mining --- Coal trade --- Appalachian Region --- Economic conditions. --- Social conditions.
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Lancashire Mining Disasters chronicles the effects, death and grief of the local ming communities in Lancashire, through colliery accidents and explosions from the early 1830's through to 1910. It also recalls the great bravery of other miners, often from other pits in the recue attempts, who with no thought of their own safety went below ground to try and their fellow comrades. In doing so, they knew full well that they were risking their own lives, probably facing death. Such was the comradeship in coal mining communities. In no other industry would men grapple at rock and roof falls with ba
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