The Global Coal Market
Supplying the Major Fuel for Emerging Economies

A major study of the modern global coal market and its impacts both on energy markets and on climate policy.

Mark C. Thurber (Edited by), Richard K. Morse (Edited by)

9781107092426, Cambridge University Press

Hardback, published 20 July 2015

724 pages, 125 b/w illus. 80 tables
23.7 x 16 x 4.5 cm, 1.19 kg

'The Global Coal Market offers a comprehensive, balanced and accessible treatment of these important developments, of use to anyone interested in the economic and environmental issues around coal.' Ian Cronshaw, Pacific Affairs

Coal has been the world's fastest-growing energy source in absolute terms for over a decade. Coal also emits more CO2 than any other fossil fuel and contributes to serious air pollution problems in many regions of the world. If we hope to satisfy the demand for affordable energy in emerging economies while protecting the environment we need to develop a keen understanding of the market that supplies coal. This book offers an in-depth analysis of the key producers and consumers that will most influence coal production, transport, and use in the future. By exploring how countries such as China, India, Indonesia, Australia, and South Africa have developed their respective coal industries - and how these industries link together through the international coal trade - experts shed light on how the global coal market may evolve, and the economic and environmental implications. This book is the most comprehensive treatment of these topics to date and will appeal to a wide readership, including scholars and practitioners working on energy economics and policy.

Part I. Introduction: 1. The Asia-centric coal era Mark C. Thurber and Richard K. Morse
Part II. Case Studies of Key Coal Countries: 2. The evolution of China's coal institutions Wuyuan Peng
3. Developing large coal-power bases in China Huaichuan Rui, Richard K. Morse and Gang He
4. The causes and implications of India's coal production shortfall Jeremy Carl
5. Market, investment, and policy challenges for South African coal Anton Eberhard
6. Australia's black coal industry: past achievements and future challenges Bart Lucarelli
7. Government as creator and destroyer: Indonesia's rapid rise and possible decline as steam coal supplier to Asia Bart Lucarelli
Part III. Understanding the International Coal Trade: 8. US coal to Asia: examining the role of transportation constraints in energy markets Mark C. Thurber
9. The world's greatest coal arbitrage: China's coal import behavior Richard K. Morse and Gang He
10. The COALMOD-World model: coal markets until 2030 Franziska Holz, Clemens Haftendorn, Roman Mendelevitch and Christian Von Hirschhausen
Part IV. The Potential of Technology to Reconcile Coal and Climate: 11. New technologies to the rescue? A review of three game changing coal technologies and their implications for Australia's black coal industry Bart Lucarelli
12. The real drivers of carbon capture and storage in China Richard K. Morse, Varun Rai and Gang He
Part V. Conclusions and Implications: 13. Major factors affecting the production, trade, and environmental impact of coal Mark C. Thurber and Richard K. Morse
Part VI. Detailed Information on the Coal Value Chain in China: Appendix. A statistical review of coal supply, demand, and transport in China Kevin Jianjun Tu
Index.

Subject Areas: The environment [RN], Political economy [KCP], Environmental economics [KCN], International trade [KCLT]