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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..

Coal mines and mining

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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.

Coal mines and mining. --- Coal trade.

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Coal mines and mining --- Coal trade

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The flooding and subsequent closure of Scotland's last deep coal mine in 2002 brought a centuries long saga to an end. Villages and towns across the densely populated Central Belt owe their existence to coal mining's expansion during the nineteenth century and its maturation in the twentieth. Colliery closures and job losses were not just experienced in economic terms: they had profound implications for what it meant to be a worker, a Scot and a resident of an industrial settlement. Coal Country presents the first book-length account of deindustrialization in the Scottish coalfields. It draws on archival research using records from UK government, the nationalized coal industry and trade unions, as well as the words and memories of former miners, their wives and children that were collected in an extensive oral history project. Deindustrialization progressed as a slow but powerful march across the second half of the twentieth century. In this book, big changes in cultural identities are explained as the outcome of long-term economic developments. The oral testimonies bring to life transformations in gender relations and distinct generational workplaces experiences. This book argues that major alterations to the politics of class and nationhood have their origins in deindustrialization. The adverse effects of UK government policy, and centralization in the nationalized coal industry, encouraged miners and their trade union to voice their grievances in the language of Scottish national sovereignty. These efforts established a distinctive Scottish national coalfield community and laid the foundations for a devolved Scottish Parliament. Coal Country explains the deep roots of economic changes and their political reverberations, which continue to be felt as we debate another major change in energy sources during the 2020s.

Coal mines and mining. --- Coal mines and mining --- Deindustrialization --- Government policy --- History.

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Taking the growing South African mining town of Emalahleni as a case study, this book investigates whether a just transition from coal-generated energy is possible and what the local implications of this global restructuring of the energy sector will be.

Coal mines and mining. --- Energy development. --- Energy transition.