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 »
Wolak will be traveling to Japan for a one-day symposium in Tokyo put on by the Center for International Public Policy Studies entitled “Can Japan have a new economic paradigm after the catastrophic quake and tsunami on 11th March?” Read more »
in the news
Frank Wolak was an invited commentator writing in the FREAKONOMICS June 21, 2011 blog posting titled, "What Happens Next as the World Turns Away From Nuclear Power?" Read more »
Video: Morse Led the SLAC Colloquium on Coal Renaissance in a Post-Kyoto World
On Monday, June 13, 2011, as part of SLAC National Accelerator Laboratory's colloquium series, Richard Morse from the Program on Energy on Sustainable Development led the talk on “Addressing the ‘Coal Renaissance’ in a Post-Kyoto World.” Morse discussed the outlook for global carbon policy, how international coal markets are evolving, and what strategies and technologies might realistically be used to reduce emissions from coal. This Included discussions on the latest developments in Europe, China, and the US in carbon policy, and an analysis of international coal markets highlighting key issues for the future of Chinese energy consumption.
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
New PESD Working Paper explains China's dramatic surge in coal imports and its major impact on global coal marketsAnnouncement
PESD researchers Morse and He devise a model that explains Chinese coal import patterns and that can allow the coal market to understand, and to some degree predict, China's coal import behavior in PESD Working Paper #94 - "The World's Greatest Coal Arbitrage: China's Coal Import Behavior and Implications for the Global Coal Market."
- » The World's Greatest Coal Arbitrage: China's Coal Import Behavior and Implications for the Global Coal Market