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 »
Several PESD Working Papers helped inform the analysis of the newly released 2011 World Energy Outlook. Read more »
A PESD study just released in Energy Policy found that stove businesses are challenging but feasible with deep financial backing and managerial acumen. However, such businesses struggle to make a serious dent in the household-level indoor air pollution problem that motivated many to pursue improved biomass stoves in the first place. Read more »
PESD Working Paper #101 on Australia's black coal industry featured in Platts Coal Trader InternationalAnnouncement
Platts' most recent issue of Coal Trader International features PESD Working Paper #101 by Bart Lucarelli. The paper sketches the development of Australia’s export coal industry, from its shaky start in the aftermath of the Second World War amid a glut of cheap oil, to the "phenomenal success story" of today.
- » Australia's Black Coal Industry: Past Achievements and Future Challenges
- » Platts International Coal Report
PESD paper on the future of South African coal featured in Bloombergin the news: Bloomberg
In the Bloomberg news article "Zuma's Quest for India Ties Threatens S. Africa Power Supply," PESD Working Paper #100 by Anton Eberhard titled "The Future of South African Coal: Market, Investment, and Policy Challenges" was cited in the estimation of the price Africa's utility Eskom Holdings Ltd. pays for coal.
Richard Morse discussed how to reconcile global development goals -- which often rely on coal -- with US climate objectives at a US Department of State event on February 10th. Read more »
Wolak's comment to NYT's Room for Debate question: "Can the U.S. Compete with China on Green Tech?"in the news: New York Times on January 19, 2011
PESD Director Frank Wolak participated in the New York Times’ Room for Debate about whether the U.S. can compete with China on green tech and the obstacles facing American companies trying to win the front on clean energy in the global market.