Sentences with phrase «demand for coal grew»

According to Bloomberg, demand for coal grew 3.3 percent last year, the fastest pace since 2006.

Not exact matches

A key element in this shift is China; the value of Chinese exports to Canada tripled over this period and Canadian exports to China, while still small relative to exports to the US, have grown steadily in value driven by commodity exports which have been buoyed by high prices and huge demand in China for key Canadian exports such as minerals (nickel, coking coal, potash, copper and iron ore), pulp and lumber.

Cele notes that, «the demand from China for iron - ore continues to grow, but at a declining pace, further exacerbating pricing pressure,» meaning that Vale's considerable investment in nickel, coal, fertilisers and copper will only partially mitigate the impact of the increase in iron - ore mining capacity globally on the company.

Demand for rail freight in the UK is currently growing, Lord Berkeley claimed, despite coal traffic in the UK «having just about stopped completely».

China's demand for coal helped Mongolia's economy grow by 17.5 percent in 2011.

Addressing potential investors in Manhattan on Thursday, Gregory Boyce, the chairman and chief executive officer of the world's biggest coal company, Peabody Energy, simply gushed as he described how the company is ideally positioned to take advantage of «a long - term supercycle for coal,» driven by rapidly growing demand in Asia.

While demand for coal is still growing, the long - term outlook is much less rosy.

[44] While the Global Financial Crisis undercut demand for coal from US power stations, demand for coal for both power stations and the steel industry continued to grow from both China and India.

This is why oil giants like ExxonMobil are investing more these days in natural gas, demand for which is expected to grow as electric utilities in Canada, the United States and Europe switch from coal to gas - fired power generation.

The WCA released a report in November 2015 «The Case for Coal: India's Energy Trilemma» looking at the growing coal demand and the significant potential offered by high efficiency low emission coal technologies in reducing CO2 emissiCoal: India's Energy Trilemma» looking at the growing coal demand and the significant potential offered by high efficiency low emission coal technologies in reducing CO2 emissicoal demand and the significant potential offered by high efficiency low emission coal technologies in reducing CO2 emissicoal technologies in reducing CO2 emissions.

Addressing potential investors in Manhattan on June 17, 2010 Peabody's chairman and chief executive, Gregory Boyce, stated that «a long - term supercycle for coal,» driven by rapidly growing demand in Asia, would be extremely profitable.

Coal currently accounts for 39 % of global power supplies, and coal demand is growing faster than expecCoal currently accounts for 39 % of global power supplies, and coal demand is growing faster than expeccoal demand is growing faster than expected.

The US Energy Information Administration reports that while world energy consumption will increase in the future, the demand for coal will remain flat and clean energy will be the world's fastest - growing energy source.

This is obviously a debatable assumption as one could for instance argue that a more rapid growth in renewable energy could allow for less energy efficiency gains and growing demand for electricity, or perhaps a prolonging of the coal industry at the cost of natural gas.

At the same time, China's demand for energy and resources - be it oil, coal, steel, cement, natual gas, copper etc., etc. - has been expanding at a mind - boggling pace, fueling the ever - growing Chinese economy.

There is the real situation that the «green (house) minority» has diminishing Public interest due its incessant platforming of non-SCIENCE and the attachment of equally vapid demands for «Wind Power» to replace Gas and Coal (which in REALITY is only creating the growing need and thus INTEREST in Uranium Fuelled power generation for wide spread use) and other platforming from «alternate lobby interests».

Already, the impact of reduced demand, growing renewables, and rooftop solar, is causing a decline in output in coal generation, bringing capacity factors down sharply, particularly for black coal generators.

The company expects energy demand to grow at an average of about 1 % annually over the next three decades — faster than population but much slower than the global economy — with increasing efficiency and a gradual shift toward lower - emission energy sources: Gas increases faster than oil and by more BTUs in total, while coal grows for a while longer but then shrinks back to current levels.

You still have to get that coal to market, and «market» in this case means Asia, where the demand for coal is growing fastest.

Demand for coal is growing and it's share in world energy production is higher than anytime in the last 40 years:

Global demand for coal is expected to grow to 8.9 billion tons by 2016 from 7.9 billion tons this year, with the bulk of new demand — about 700 million tons — coming from China, according to a Peabody Energy study.

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Many commentators have said that the Agreement means the end for coal, but the appetite for affordable, reliable and accessible energy in developing and emerging economies, particularly in Asia means demand for coal continues to grow.

For example, in its new report Shell says «Allowing natural gas rather than coal to grow to meet power demand is the surest, fastest and most comprehensive way there is to reduce CO2 emissions over the crucial next 10 years.

Perhaps most importantly, the report calls for governments to shift the «burden of proof» away from assuming that coal is the only solution to the world's growing energy demands and instead takes into consideration the devastating social, environmental, and economic costs of coal.

China, on the other hand, has emerged as a leader in developing clean, renewable energy, but its demand for coal is still staggering, and growing, and China is predicted to build 2,200 new coal - fired electric plants by 2030.

In stark comparison, the IEA estimates that coal demand grew in 2017 after a two - year decline and forecasts continued demand growth at least for the next five years, absent a change in policy and market conditions.

And ironically enough, Goodell argues, it's China's quickly growing demand for energy that presents us with a solution: «Energy demand is expected to double by 2030, and at that pace, there is not enough oil, coal and gas in the world to keep their economy humming,» he writes.

Since that is today's coal - powered electricity load and we are currently growing that load, it would take a very severe downturn to keep demand such that coal is only 1 TW for the 40 to 60 or so years that a transition takes.

The cost of electricity from renewables continues to fall in Europe and Asia as the numbers of wind and solar installations grow in both continents, cutting demand for imported gas and coal.

Quillen acknowledged the growing importance of new energy sources like wind, but said demand for coal will grow as developing countries like China and India expand their economies demand more cheap energy.

The wind power sector has grown to employ more Americans than coal mining as demand for clean energy has jumped over the past decade.

The «problem» with «Big Oil» and «Big Coal» is that they are profiting almost beyond conception from the growing demand for their products, and they thus have a strong incentive for wanting that demand to remain high and indeed continue to grow.

SecularAnimist wrote, «The «problem» with «Big Oil» and «Big Coal» is that they are profiting almost beyond conception from the growing demand for their products, and they thus have a strong incentive for wanting that demand to remain high and indeed continue to grow.»