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The Global Coal Market

The Global Coal Market

Publisher Cambridge University Press
Year 01/01/2020
Edition First
Pages 722
Version paperback
Readership level Professional and scholarly
Language English
ISBN 9781107465749
Categories International trade, Environmental economics, Political economy, Coal & solid fuel industries, Management of land & natural resources
$49.18 (with VAT)
180.82 PLN / €40.32 / £34.64
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Book description

Coal has been the world's fastest-growing energy source in absolute terms for over a decade. Coal also emits more CO2 than any other fossil fuel and contributes to serious air pollution problems in many regions of the world. If we hope to satisfy the demand for affordable energy in emerging economies while protecting the environment we need to develop a keen understanding of the market that supplies coal. This book offers an in-depth analysis of the key producers and consumers that will most influence coal production, transport, and use in the future. By exploring how countries such as China, India, Indonesia, Australia, and South Africa have developed their respective coal industries - and how these industries link together through the international coal trade - experts shed light on how the global coal market may evolve, and the economic and environmental implications. This book is the most comprehensive treatment of these topics to date and will appeal to a wide readership, including scholars and practitioners working on energy economics and policy. 'In this book, Mark C. Thurber and Richard K. Morse bring us an excellent contribution to knowledge about the prospects and challenges for the global coal market, which is no doubt a key determinant of our energy and environmental future.' Ken Koyama, Chief Economist and Managing Director, Institute of Energy Economics, Japan 'This book provides an in-depth look at how countries with significant coal resources strive - and sometimes struggle - to extract and use these resources in an efficient and environmentally sound manner. For a country like India where coal is the major energy resource, coal sector development has to be considered in the context of the global coal market. This book is an invaluable guide to how country-level coal sector development connects to global outcomes.' Kirit Parikh, Chairman of Integrated Research and Action for Development, India 'Oil gets the headlines, but coal is really the pivotal fuel for much of the world economy and the health of the planet's environment. This book offers a fresh look at what's happening in the global coal market - focused on its epicenter, Asia. Steeped with insights about how these markets actually function, the book shows us how a global market has made this energy source more competitive. It is a sober reminder that cutting coal consumption - and encouraging firms to install technologies that can use coal in ways less harmful to the climate - remains a daunting task.' David G. Victor, University of Californ

The Global Coal Market

Table of contents

Part I. Introduction: 1. The Asia-centric coal era Mark C. Thurber and Richard K. Morse; Part II. Case Studies of Key Coal Countries: 2. The evolution of China's coal institutions Wuyuan Peng; 3. Developing large coal-power bases in China Huaichuan Rui, Richard K. Morse and Gang He; 4. The causes and implications of India's coal production shortfall Jeremy Carl; 5. Market, investment, and policy challenges for South African coal Anton Eberhard; 6. Australia's black coal industry: past achievements and future challenges Bart Lucarelli; 7. Government as creator and destroyer: Indonesia's rapid rise and possible decline as steam coal supplier to Asia Bart Lucarelli; Part III. Understanding the International Coal Trade: 8. US coal to Asia: examining the role of transportation constraints in energy markets Mark C. Thurber; 9. The world's greatest coal arbitrage: China's coal import behavior Richard K. Morse and Gang He; 10. The COALMOD-World model: coal markets until 2030 Franziska Holz, Clemens Haftendorn, Roman Mendelevitch and Christian Von Hirschhausen; Part IV. The Potential of Technology to Reconcile Coal and Climate: 11. New technologies to the rescue? A review of three game changing coal technologies and their implications for Australia's black coal industry Bart Lucarelli; 12. The real drivers of carbon capture and storage in China Richard K. Morse, Varun Rai and Gang He; Part V. Conclusions and Implications: 13. Major factors affecting the production, trade, and environmental impact of coal Mark C. Thurber and Richard K. Morse; Part VI. Detailed Information on the Coal Value Chain in China: Appendix. A statistical review of coal supply, demand, and transport in China Kevin Jianjun Tu; Index.

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