Global Coal Markets
PESD's coal research examines the political economy of national and global coal markets. Coal is the world's fastest growing fuel source, and how the world trades and consumes the carbon-intensive fuel will have large impacts on climate change and energy security issues.
Six new U.S. coal export sites in the worksin the news: ClimateWire on April 27, 2012
Facing flagging domestic demand, US coal producers are pushing hard for rail and port infrastructure that would enable exports to China from the Pacific Northwest, says PESD researcher Richard Morse in Climate Wire. (PESD's upcoming annual conference will consider the environmental impacts of such developments.)
As abundant domestic natural gas production erodes coal’s market share in the US, coal producers are looking to overseas markets for growth. At the Argus Americas Coal Summit, Richard Morse gave a presentation discussing the competitive dynamics of US coal exports in world markets. Morse argued that conditions for expansion of US steam coal exports are favorable, but key risks remain that could make or break this “globalization” of the US coal market. Read more »