Sentences with phrase «global coal demand»

Global coal demand dropped for a second year in a row in 2016, approaching the previous record for two - year declines set in the early 1990s.

Investors want assurances that capital is not being spent on high - cost, high - carbon projects that may not be competitive as global coal demand declines.

The IEA's Medium - Term Coal Market Report 2015, slashed its five - year estimate of global coal demand growth by more than 500 million tonnes of coal equivalent (Mtce) in recognition of the tremendous pressures facing the market.

Coal consumption across Asia is slated to outpace that of China over the next 20 years, coupled with an absolute increase in global coal demand over the next seven years.

If the latest outlook from the International Energy Agency (IEA) is right — and its earlier forecasts have not fared well — then India will drive rising global coal demand over the next five years.

The report sharply lowered its five - year global coal demand growth forecast in reflection of economic restructuring in China, which represents half of global coal consumption.

Forecasts for global coal demand, made by the IEA in 2011 through 2017 (blue lines), compared to data on actual use (red), in millions of tonnes of coal equivalent.

«The economic transformation in China and environmental policies worldwide — including the recent climate agreement in Paris — will likely continue to constrain global coal demand.»

China continues to lead global coal demand Total coal demand (Mt) 2014 Total coal demand (Mt) 2015 * Absolute growth...

As a result of these contrasting trends, global coal demand reaches 5 530 Mtce in 2022, which is only marginally higher than current levels, meaning that coal use all but stagnates for around a decade.

A growing share of global coal demand comes from those countries, though the coal boom climate hawks feared seems to be slowing somewhat.

«But while everything else is changing, global coal demand remains the same.»

As recent International Energy Agency (IEA) numbers have shown a decrease in global coal demand for the second year in a row, we have increasingly heard that coal is in permanent decline and doesn't have a future.

«Together, by 2017, China and India represent more than one - third of global coal imports and two - thirds of global coal demand.

Meanwhile, global coal demand in the peak case drops to around 5500 Mtce in 2020 — falling 0.1 percent per year on average, compared with growth of 0.8 percent per year in the report's main forecast.

FOLLOWING more than a decade of aggressive growth, global coal demand has stalled, the International Energy Agency, IEA, said in its Annual Coal Market Report, released last week.

It predicted that global coal demand would continue to grow by 0.8 % per year until 2020, thanks to more demand in India and Southeast Asia expected to make up for a levelling off in China.

The first signs of a fossil - fuel bust emerged early last year with growing evidence that the decade - long boom in global coal demand was peaking.

Global coal demand has almost doubled since 1980, driven by increases in Asia, where demand is up over 400 % from 1980 - 2010.

Based on the 2016 IEA World Energy Outlook report, global coal demand will have rebounded to 2014 levels as a result of growth in India and Southeast Asia by 2040, and over 80 % of global coal consumption will take place in Asia.

Generalising the occurrence also ignores many trends that will influence the global coal demand over the coming years.

By 2022, global coal demand is expected to reach 5,530 Mtce, the same as the average of the last five - year period, and meaning that coal use will have had a decade - long period of stagnation.