Sentences with phrase «said demand for 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.

Not exact matches

James Stevenson, an analyst at IHS Markit, says the boost is largely due to 2017's unseasonably cold weather and rising demand for coal from other nations.
«We're optimistic that will create demand for our [metallurgical] coal,» Campbell said, but it's too soon to predict if it will translate into new jobs.
FCA's CEO Chris Ragot said «Demand for export coal has significantly increased as global supplies tighten.»
More than 33 gigawatts of coal - fired electricity generation will be retired over the next couple decades, EIA said, pushing up demand for natural gas.
«It's really a tale of two markets,» he said, noting that as U.S. thermal coal prices soften, demand for high - grade metallurgical coal and some thermal coal has helped prop up U.S. coal mining activity in traditional high - volume regions like Appalachia and the Powder River Basin.
«The CO2 emissions related to China's exports are large not just because they export a lot of stuff or because they specialize in energy - demanding industries, but because their manufacturing technologies are less advanced and they rely primarily on coal for energy,» said co-author Klaus Hubacek, a University of Maryland professor of geographical sciences.
«The majority of the capacity addition will be through thermal power plants, for which the demand of coal is going to increase in the future,» the report said.
«Thanks to abundant supplies and insatiable demand for power from emerging markets, coal met nearly half of the rise in global energy demand during the first decade of the 21st Century,» said IEA Executive Director Maria van der Hoeven.
Despite the low price currently fetched for coal overseas, Eaves said the company expects the international market to improve even as domestic demand for coal recedes.
He said the energy demands from the giant LNG plants being built in the state's north would need at least 100MW of generation and represented the best opportunity for a «resurgence» in coal fired generation.
The report stops short of demanding an early end to unabated coal, but says all new coal plants should be designed to allow for CCS in future, with a plateau and then reduction in coal emissions.
The CTI report says there will be no need for new coal mines, oil demand will peak around 2020, and growth in gas will disappoint industry expectations if world leaders agree and then implement the policies needed to meet the UN commitment to keep climate change below 2 ˚C − the threshold agreed by most governments.
After meeting Mr Goyal, federal Resources Minister Matt Canavan, who has previously criticised the campaign to block the Indian project, said: «We need to be able to take advantage of the demand for coal in Asia.»
Analysts say this is the first time Beijing has put a ban on the opening of new mines: the move has been prompted both by falling demand for coal as a result of a slowing economy and by increasing public concern about hazardous levels of pollution, which have blanketed many cities across the country over recent months.
While Trump's rolling back a policy that may have loomed over coal producers in coming decades, it's going to take more to overcome market forces and raise demand for the fossil fuel to a level that'll put miners back to work, coal executives and analysts say.
Besides strong demand for thermal coal, which is burned in power plants, use of metallurgical coal or coking coal, used in blast furnaces, is also expected to more than double in China, to about 1.7 billion metric tons by 2016, as the country's steel mills churn out more steel for automobiles, skyscrapers and export goods, the Peabody study says.
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.
WWF's report, produced with researchers at Dutch organizations Ecofys and the Office for Metropolitan Architecture, says the share of oil, coal, gas and nuclear in the global energy mix could be cut down to 5 % by 2050, and energy saving measures can cut total demand by 15 % from 2005 levels, starting from an assumed baseline of 520EJ / a.
In Oregon, for example, Governor Kate Brown signed a bill that will move the state to 50 percent renewable energy production by 2040 and end the state's use of coal power by 2030; in Montana, sagging demand and economic pressures caused Arch Coal to scrap its plans for a massive strip - mining operation on federal land; and in a recent Gallup poll, 64 percent of Americans said they worried a «great deal» or «fair amount» about global warming, up from 55 percent only a year coal power by 2030; in Montana, sagging demand and economic pressures caused Arch Coal to scrap its plans for a massive strip - mining operation on federal land; and in a recent Gallup poll, 64 percent of Americans said they worried a «great deal» or «fair amount» about global warming, up from 55 percent only a year Coal to scrap its plans for a massive strip - mining operation on federal land; and in a recent Gallup poll, 64 percent of Americans said they worried a «great deal» or «fair amount» about global warming, up from 55 percent only a year ago.
said demand for moving coal, iron ore and other commodities will fall because banks are guaranteeing fewer loads.
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