The R / P ratio has not been a good indicator of
future coal production.
Again, it needs to be emphasized that this projection represents an upper limit of
future coal production according to the authors» best estimate.
o (3) An indication of imminent problems with
future coal production is that the USA has recently switched from a net exporting to a net importing country of steam coal (Kalavov 2007).
Not exact matches
There is another limitation on
coal's
future in Appalachia: After decades of heavy
production, there is less of it to be mined.
Indeed, notwithstanding Ontario's emphasis on green initiatives — fuel - efficient car
production, wind power, the closing of
coal - fired generating stations — climate change is the great battle of the present and
future, one that neither Ontario nor any other jurisdiction is doing enough to fight.
Beyond the reasonably favourable outlook for the next few years, growth in productive capacity and exports in the resources sector over the longer term will depend on
future mineral discoveries (though existing reserves could support
production and exports of some commodities, such as
coal, for a considerable time).
«There's roughly seven million people who die globally from air pollution every year, so getting rid of
coal could take a big chunk out of that number as well,» Pearce says, adding that another goal of
future research is to dig deeper into the life cycles of
coal production as this study only looked at air pollution - related deaths.
It's also critical to a
future less dependent on foreign oil: Hydraulic fracturing, «clean
coal» technologies, nuclear fuel
production, and carbon storage (the keystone of the strategy to address climate change) all count on pushing waste into rock formations below the earth's surface.
Because U.S.
coal production peaked in 2002 (in terms of energy provided by
coal), the U.S. will experience significantly higher
coal and electric prices in
future years.
Eliminating tax incentives for the cheap and dirty energy of the past is not about taking a stick to U.S. oil and
coal production, it's about having the means to create incentives to help fund a clean, renewable energy
future.
Here's a solution: All the sovereign States with gas, oil, and
coal reserves, can use their sovereign power to simply clamp down on
production, driving FF prices higher, and achieve the Nirvana New Energy
Future as rapidly as is physically possible.
There are alternatives I don't think I convinced either of my two audiences that fossil fuels are going to disappear overnight, but once I drew their attention to recent declines in Chinese
coal production and a stall in global carbon emissions they did appear to concede that basing
future investment decisions simply on past patterns of consumption might not be the wisest of strategies.
The
production of liquid fuels from
coal will very likely become an important part of the hydrocarbon energy mix of the
future, provided that technical and environmental obstacles are overcome economically.
However, recently Dr. Werner Zittel and Jorg Schindler and their Energy Watch Group have written an important paper «
Coal: Resources and Future Production» that shows that there are major problems with the reliability of coal reserves, and indicates that the reserves may be too h
Coal: Resources and
Future Production» that shows that there are major problems with the reliability of
coal reserves, and indicates that the reserves may be too h
coal reserves, and indicates that the reserves may be too high.
The reserves are taken from the World Energy Council 2004 report, except for China, where we used the reserves from the Chinese Ministry of Land and Resources by way of Sandro Schmidt, and South Africa, which has been reassessed recently Figure 9 shows the cumulative plots for
future - fuel
production using the trends we have developed for hydrocarbons and
coal, and with lms fits for the 10 % and 90 % years.
The importance of these approaches to estimating
future production is emphasized by this astonishing statement in the pre-publication version of the National Academy of Sciences Report on
coal, released yesterday:
Dave is fascinated by the possibility that the key to understanding the
future of world
coal production may be in the history of the mining areas in the northern Appalachians and the north of England.
I approach the problem of estimating
future world
coal production by breaking the world up into eight regions, and estimating considering
production in each separately.
Future production in the state - owned Singareni, captive blocks and commercial mining (if any) will play a role, but the performance of
Coal India, which maintains its ambitious targets for coal production, will be critical to meet the government's desire to cut impo
Coal India, which maintains its ambitious targets for
coal production, will be critical to meet the government's desire to cut impo
coal production, will be critical to meet the government's desire to cut imports.
*
Coal Markets: 5:00 p.m. ET, Monday (* Formerly Weekly NYMEX
Coal Futures and
Coal News & Markets) Weekly
Coal Production: 5:00 p.m. ET, Thursday
This analysis compares potential
future coal, oil and gas
production out to 2035 by their break - even cost and overlays the level of demand needed in a 2 °C scenario according to the IEA.
Publication date: 2009-06-01 First Published: Natural Resources Research Authors: R.C. Milici Abstract: The
production of liquid fuels from
coal will very likely become an important part of the hydrocarbon energy mix of the
future, provided that technical and environmental obstacles are overcome economically.
Oil and gas lease sales, royalties from mineral and energy
production, Alaska's «Open for Business» initiative, renewable energy development, mineral extraction, the
future of
coal production from public lands, offshore renewable energy development, and oil and gas exploration and drilling in the Outer Continental Shelf were just some of the topics discussed.
Despite the focus on oil and transportation in recent years, the significance of
coal in
future energy use and its role in climate change can not be overlooked, especially if
coal gasification processes become widely used in the
production of transport fuels (Perley, 2008).
Following the oil report, this risk analysis focuses for the first time on the global
coal industry, highlighting that $ 112bn of
future capital expenditure (capex) in potential thermal
coal production (excluding China) is at risk of becoming stranded.
It's also critical to a
future less dependent on foreign oil: Hydraulic fracturing, «clean
coal» technologies, nuclear fuel
production and carbon storage (the keystone of the strategy to address climate change) all count on pushing waste into rock formations below the earth's surface.
Will economics (e.g., new solar power cheaper than
coal power) and trade (most - of - the world international agreement on tariffs based on CO2
production) drive the US too to a lower - carbon
future despite Trump?
Future Chinese
production is dominated by the amount of
coal reserves China has, and can add by 2050.
Because China currently dominates world
coal production, the path of
future world
coal production will be dominated by the path of Chinese
coal production.
Like
coal and natural gas, the projections of
future oil
production use three cases: low, medium and high.
It addresses these questions by evaluating the outlook for
future production of each of the three fossil fuels —
coal, natural gas and petroleum liquids.
Like
coal, three scenarios of
future production were developed to illustrate the range of uncertainty.
The largest uncertainty in projecting
future world
coal production is determining whether such reserve reductions might occur in other regions, or whether reserves could increase given substantial real price increases.
Forecasting
future world
coal production is a complex task, incorporating considerations of the amounts and the qualities of known and projected
coal reserves, the ability to increase
coal production capacity and the growth of
coal demand.
These two considerations are not the only ones determining the
future of world
coal production.
India currently depends on
coal for more than half of its electricity
production, but it also gets a lot of sun, giving it the potential to become a solar power titan in the
future.
U.S. Department of Energy (DOE), Energy Information Administration (EIA), Crude Oil
Production, electronic database, at tonto.eia.doe.gov, updated 28 July 2008; American Wind Energy Association (AWEA), «Installed U.S. Wind Power Capacity Surged 45 % in 2007: American Wind Energy Association Market Report,» press release (Washington, DC: 17 January 2008); AWEA, U.S. Wind Energy Projects, electronic database, at www.awea.org/projects, updated 31 March 2009;
future capacity calculated from Emerging Energy Research (EER), «US Wind Markets Surge to New Heights,» press release (Cambridge, MA: 14 August 2008);
coal - fired power plant equivalents calculated by assuming that an average plant has a 500 - megawatt capacity and operates 72 percent of the time, generating 3.15 billion kilowatt - hours of electricity per year; residential consumption calculated using «Residential Sector Energy Consumption Estimates, 2005,» in DOE, EIA, Residential Energy Consumption Survey 2005 Status Report (Washington, DC: 2007), with capacity factor from DOE, National Renewable Energy Laboratory (NREL), Power Technologies Energy Data Book (Golden, CO: August 2006); population from U.S. Census Bureau, State & County QuickFacts, electronic database, at quickfacts.census.gov, updated 20 February 2009.
All these trends are likely to shrink fossil fuel demand and the capital invested today into
future oil,
coal and gas
production projects is at risk of becoming stranded.