Sentences with phrase «increasing coal prices»

Not exact matches

Over the past six months, the prices of most commodities have increased, although it is the prices of iron ore and coking coal that have risen particularly strongly.
And at the same time, he said he's going to increase hydraulic fracturing, which is the main reason that prices have gone down for natural gas and that's what put coal miners out of work,» Sandalow said.
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.
Excluding petroleum and coal products, final manufacturing goods prices increased by 0.9 per cent, the largest quarterly increase in more than four years (Table 10).
Recent negotiations have secured large increases in steaming coal contract prices for 2004 — reportedly as high as 70 per cent in US dollar terms — which will substantially increase prices received by exporters in coming months.
The prices of other resource commodities increased on average by 5.8 per cent over the three months to April, driven by increases in the prices of alumina, coal and iron ore.
The materials sector has risen by 16 per cent, boosted by continuing strength in base metals prices and expectations of substantial increases in contract prices for coal and iron ore.
Steaming coal contract prices, which rose by over 60 per cent in US dollar terms in 2004, are expected to increase by at least another 20 per cent in the coming year.
For iron ore and coal, substantial increases in contract prices are set to take effect later this year, building on the already sharp increases of last year.
Rapid growth in global steel demand has also boosted contract prices for other bulk commodities; coking coal contract prices increased, on average, by 25 — 35 per cent in US dollar terms in recent negotiations, while iron ore contract prices have risen by close to 20 per cent.
There were increases in the prices of base metals and rural commodities of around 10 per cent and 2 1/2 per cent, respectively, which were offset by falls in the prices of gold and coal.
However, in the case of coal, major increases in export capacity will require better coordination between producers, infrastructure operators and governments, especially in respect of the financing and pricing of new transport infrastructure.
Negotiations for coal and iron ore contract prices for 2005/06 have commenced, and further large rises are expected following the steep increases in 2004/05.
These include warm summer weather, which drives up use of air conditioners and electricity, the increased popularity of natural gas (versus coal) among power producers (partly reflecting the low price of the former), and cutbacks in production by some players in the natural - gas industry.
Bank of America Corp.'s Merrill Lynch & Co. unit increased its price forecast for Asian power - station coal.
In actuality, it's the same reason that coal prices have been cut in half over the last two years — demand is no longer increasing at the rate it once was.
Steaming coal producers appear to have achieved more modest price increases of close to 20 per cent, though this follows rises of 68 per cent negotiated in 2004/05.
As a result of the strong global demand for steel, coking coal producers negotiated an increase of around 120 per cent in contract prices, with iron ore contract prices generally rising by more than 70 per cent (Graph 39).
The recent annual contract negotiations between suppliers and Japanese steelmakers for iron ore delivered price increases of nearly 20 per cent in US dollar terms, with significant increases expected in contract negotiations for coal over coming months.
In fact, gas prices would have to increase fivefold, to an average $ 10 per million Btu over the life of a power plant, for coal to become competitive again, the report notes.
First identified by William Jevons in 1865 — when he noticed more efficient engines increased rather than reduced coal use, as engines were put into more widespread use — the rebound effect for higher yields could see food prices drop, encouraging greater consumption, more food waste and even more conversion of habitats to farmland.
$ 8 billion) over first ten years for deficit reductionObeys PAYGO; Starting in 2026, 25 % of auction revenues for deficit reductionFuels and TransportationIncrease biofuels to 60 million gallons by 2030, low - carbon fuel standard of 10 % by 2010, 1 million plug» in hybrid cars by 2025, raise fuel economy standards, smart growth funding, end oil subsidies, promote natural gas drilling, enhanced oil recoverySmart growth funding, plug - in hybrids, raise fuel economy standards $ 7 billion a year for smart growth funding, plug - in hybrids, natural gas vehicles, raise fuel economy standards; offshore drilling with revenue sharing and oil spill veto, natural gas fracking disclosureCost ContainmentInternational offsetsOffset pool, banking and borrowing flexibility, soft price collar using permit reserve auction at $ 28 per ton going to 60 % above three - year - average market price» Hard» price collar between $ 12 and $ 25 per ton, floor increases at 3 % + CPI, ceiling at 5 % + CPI, plus permit reserve auction, offsets like W - MClean Air Act And StatesNot discussedOnly polluters above 25,000 tons of carbon dioxide equivalent a year, regional cap and trade suspended until 2017, EPA to set stationary source performance standards in 2016, some Clean Air Act provisions excludedOnly polluters above 25,000 tons of carbon dioxide equivalent a year, regional cap and trade pre-empted, establishes coal - fired plant performance standards, some Clean Air Act provisions excludedInternational CompetitivenessTax incentives for domestic auto industryFree allowances for trade - exposed industries, 2020 carbon tariff on importsCarbon tariff on importsReferences: Barack Obama, 2007; Barack Obama, 8/3/08; Pew Center, 6/26/09; leaked drafts of American Power Act, 5/11/10.
Similarly, some have suggested that the US gas boom has depressed coal prices, potentially leading to increased imports and use by other countries.
As oil prices increase, Coal has effectively become the default fuel for electricity generation in the twenty - first century.
But here's what's changed: the sharp cost reductions now beginning to take place in solar, wind, and geothermal power — coupled with the recent dramatic price increases for oil and coal — have radically changed the economics of energy.
If a country is a large enough player in coal export markets, then cutting back exports will increase prices for internationally traded coal, and hence give importers an incentive to use less.
The accessible carbon pool in coal is sure to rise as prices increase and extraction technology advances, but the real imponderable is how much coal remains to be discovered.
Fully contracted renewable energy projects have the least transition risk while older, inefficient merchant coal plants are likely to suffer disproportionately from the financial effects of carbon transition such as lower wholesale prices, the cost of carbon credits, lower capacity factors and increased operating or capital costs, according to the report.
However, in response to high global prices — especially for coking coal — in the Asian market, export production has been increasing.
The Paris - based International Energy Agency (IEA) calls Europe's «coal renaissance» a temporary phenomenon; it forecasts an increasing use of renewables, shuttering of coal plants, and a better balance between gas and coal prices in the coming years.
thermal coal prices in main harbors around the Bohai Sea have been increasing for 10 weeks, reaching 832 yuan ($ 128) a ton on Wednesday, five yuan higher than last week.
This coal industry PR and lobbying effort has nothing to do with protecting the average consumer from energy price increases, as they like to suggest.
There was some bad news for Drax recently as the UK government decided that biomass subsidies would not keep climbing as the «carbon price floor» — levied on fossil fuel production (and due to rise further)-- on electricity consumption has caused a backlash from manufacturers, consumer groups and energy suppliers who are concerned that the «tax will push up prices, make the UK uncompetitive and force the premature closure of coal - fired power plants, increasing the risk of blackouts.»
A carbon tax on coal destined to be burned will increase the price of electricity, but income tax, GST, or other taxes could be reduced so that the cost of living, and the total tax take, would remain the same.
However, this would be somewhat offset by a 5 to 10 % increase in domestic coal prices (Chinese only) as part of the NDRC's ongoing efforts to phase in electricity price reform.
What she calls «claims» from those expressing concerns with the President's plan — that regulating carbon will increase energy prices, hurt the economy, destroy jobs, and wage war on coal — more accurately reflect the facts.
Currently they estimate that adding CCS capabilities to a coal - fired power plant would increase the price of the electricity produced by upwards of 60 percent, without including the cost of CO2 transportation, injection or monitoring.
At a time at which U.S. dependence on coal is decreasing (due to increased supplies of unconventional natural gas and hence lower gas prices), China continues to rely on coal, but is very concerned about this, partly because of localized health impacts of particulates and other pollutants.
So if Heinberg and Fridley are right, coal prices will increase, CCS will be confirmed as uneconomic and renewables will take over.
Cheaper natural gas has pushed out older, less - efficient coal and oil generation; however, the region's increasing overreliance on natural gas will provide few additional emissions benefits and increases risks of price volatility or supply disruption.
EIA's study indicates that for the United States as a whole, a 10 % increase in the ratio of the delivered fuel price of coal to the delivered price of natural gas leads to a 1.4 % increase in the use of natural gas relative to coal.
AGL says brown coal can still spin off cash flow even with a carbon price of more than $ 50 / t, particularly as the cost of gas and black coal is expected to increase dramatically in coming years.
The opportunity for the purchase was presented by a confluence of events — the Fukushima nuclear disaster last year, the generous support for brown coal generators in the government's carbon pricing package, which will see Loy Yang A alone get more than $ 1.2 billion in cash payments and free permits, and the anticipated sharp cost increases for NSW black coal generators as their subsidized source of coal comes to an end.
Public policy can't make Texas more densely populated (in the short or even medium run) or cooler, but it could promote public transportation, increase gasoline and electricity prices, and shift electricity production towards less carbon intensive alternatives to coal.
The price of coal would increase dramatically if it reflected the cost borne by society from the pollution that causes hundreds of thousands of premature deaths each year in coal - dependent countries.
Australia can't contribute more than a small fraction of just China's demand for coal which has already resulted in the international traded price of coal increasing with more increases likely in the future.
The net result is that the «delivered» price of coal has increased on average 6.7 % per year in the US for the last decade.
Lower natural gas prices resulted in reduced levels of coal generation, and increased natural gas generation — a less carbon - intensive fuel for power generation, which shifted power generation from the most carbon - intensive fossil fuel (coal) to the least carbon - intensive fossil fuel (natural gas).
However, with a return to lower natural gas prices in 2015 favoring increased natural gas - fired generation, coal's generation share dropped again.
If legislation requiring an emission performance standard for new coal plants is enacted, then Congress should simultaneously take steps to offset the additional costs of installing CCS systems and provide relief from electricity price increases.
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