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Author: Lars Schernikau
Publisher: Springer Science & Business Media
ISBN: 9048192404
Category : Science
Languages : en
Pages : 257
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Book Description
This book analyzes the international seaborne steam coal trade and investigates resource economics and market structures of the global coal market. It develops a model to analyze pricing structures which are based on the cost minimization principle.
Author: Lars Schernikau
Publisher: Springer Science & Business Media
ISBN: 9048192404
Category : Science
Languages : en
Pages : 257
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Book Description
This book analyzes the international seaborne steam coal trade and investigates resource economics and market structures of the global coal market. It develops a model to analyze pricing structures which are based on the cost minimization principle.
Author: Lars Schernikau
Publisher: Springer
ISBN: 3319465570
Category : Science
Languages : en
Pages : 483
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Book Description
This book is the 2nd edition of the Economics of the International Coal Trade. Coal is the single most important source of power on our planet and today accounts for 40% of electricity generation and 30% of primary energy. The world’s appetite for energy is still far from being met. Until 2050, an additional 6+ billion people will require accessto proper power. “Why Coal Continues to Power the World” introduces the reader to the global coal business; its importance; its source; its global demand, supply and trade; its use; its environmental impact; and its future. Despite recent price hikes, coal does not appear to be a popular subject today, which may explain the little attention it receives in the scientific community. Since writing the first edition during the commodity super cycle in 2006–2008, the world has changed. How has this impacted the global world of coal? This book is useful to energy economists, businessmen, politicians, university professors, high school teachers, students and anyone with an interest in how the world is powered. It is also helpful to anyone studying climate change and global warming. This new edition of the book includes previously not covered special sections on:* Coal analysis and sampling with a special section on moisture * A technical summary of all key coking coal characteristics in Appendix 2 * Coking coal, iron ore and the steel industry * Cement and petcoke markets * Global gas markets and the shale gas revolution in the US * Nuclear energy and the history of the oil market * Renewable energy and the German „Energiewende“ * Power plant technology and CO2 sequestration and processing * The role of CO2 and why man-made CO2 does not cause global warming Apart from giving an in-depth overview of the global coal business, in this book the author argues that coal is far from “dead”. Some of my key messages are contrary to popular beliefs: The importance of coal will further increase in absolute and likely even in relative terms for decades to come. Man-made CO2 has no effect on global temperatures and combustion of fossil fuels does not influence the weather. We cannot stop the advance of coal, we can only make this process as environmentally sustainable as humanly possible. Therefore, mankind needs to embrace coal as the “bridge” from the Oil Age to the Solar Age (through the “New Energy Revolution”). (4) Industrialized nations have to invest in coal and in all means to more efficiently burn coal in order to truly help the global environment and reduce global dust, SOX, and NOX emissions.
Author: Lester C. Hunt
Publisher: Edward Elgar Publishing
ISBN: 1849801991
Category : Business & Economics
Languages : en
Pages : 849
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Book Description
As an essential component for economic growth, energy has a significant impact on the global economy. The need to meet growing energy demand has prompted cutting-edge innovation in clean technology in an attempt to realise environmental and cost objectives, whilst ensuring the security of energy supply. This Handbook offers a comprehensive review of the economics of energy, including contributions from a distinguished array of international specialists. It provides a thorough discussion of the major research issues in this topical field of economics. Themes addressed include the theory of energy supply, demand and policy, empirical modelling of energy demand, holistic energy models, an analysis of coal, gas, electricity, oil and the markets within which they operate, and a discussion of the current key energy policy issues. The topics of pricing, transmission, regulation, security, energy efficiency, new technologies and climate change are also discussed. The International Handbook on the Economics of Energy presents a comprehensive overview of the state-of-the-art research making it an indispensable reference for researchers, advanced students, practitioners and policy-makers alike.
Author: Matthew J. Kotchen
Publisher: University of Chicago Press
ISBN: 0226821749
Category : Business & Economics
Languages : en
Pages : 275
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Book Description
This volume presents six new papers on environmental and energy economics and policy in the United States. Rebecca Davis, J. Scott Holladay, and Charles Sims analyze recent trends in and forecasts of coal-fired power plant retirements with and without new climate policy. Severin Borenstein and James Bushnell examine the efficiency of pricing for electricity, natural gas, and gasoline. James Archsmith, Erich Muehlegger, and David Rapson provide a prospective analysis of future pathways for electric vehicle adoption. Kenneth Gillingham considers the consequences of such pathways for the design of fuel vehicle economy standards. Frank Wolak investigates the long-term resource adequacy in wholesale electricity markets with significant intermittent renewables. Finally, Barbara Annicchiarico, Stefano Carattini, Carolyn Fischer, and Garth Heutel review the state of research on the interactions between business cycles and environmental policy.
Author: National Research Council
Publisher: National Academies Press
ISBN: 0309052327
Category : Science
Languages : en
Pages : 303
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Book Description
The U.S. Department of Energy (DOE) was given a mandate in the 1992 Energy Policy Act (EPACT) to pursue strategies in coal technology that promote a more competitive economy, a cleaner environment, and increased energy security. Coal evaluates DOE's performance and recommends priorities in updating its coal program and responding to EPACT. This volume provides a picture of likely future coal use and associated technology requirements through the year 2040. Based on near-, mid-, and long-term scenarios, the committee presents a framework for DOE to use in identifying R&D strategies and in making detailed assessments of specific programs. Coal offers an overview of coal-related programs and recent budget trends and explores principal issues in future U.S. and foreign coal use. The volume evaluates DOE Fossil Energy R&D programs in such key areas as electric power generation and conversion of coal to clean fuels. Coal will be important to energy policymakers, executives in the power industry and related trade associations, environmental organizations, and researchers.
Author: B.R. Munier
Publisher: IOS Press
ISBN: 1614990379
Category : Business & Economics
Languages : en
Pages : 256
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Book Description
The recent global financial crisis exposed the serious limitations of existing economic and financial models. Not only did macro models fail to predict the crisis, they seemed incapable of explaining what was happening to the economy. Policymakers felt abandoned by the conventional tools of the now obsolete Washington consensus and the World Trade Organization’s oversimplified faith in free markets.The traditional models for agricultural commodities have so far failed to take into account the uncertain character of the global agricultural economy and its ferocious consequences in food price volatility, the worst in 300 years, yielding hunger riots throughout the world. This book explores the elements which could help to close this fundamental modeling gap. To what extent should traditional models be questioned regarding agricultural commodities? Are prices on these markets foreseeable? Can their evolution be either predicted or convincingly simulated, and if so, by which methods and models? Presenting contributions from acknowledged experts from several countries and backgrounds – professors at major international universities or researchers within specialized international organizations – the book concentrates on four issues: the role of expectations and capacity of prediction; policy issues related to development strategies and food security; the role of hoarding and speculation and finally, global modeling methods. The book offers a renewed wisdom on some of the core issues in the world economy today and puts forward important innovations in analyzing these core issues, among which the modular modeling design, the Momagri model being a seminal example of it. Reading this book should inspire fruitful revisions in policy-making to improve the welfare of populations worldwide.
Author: National Research Council
Publisher: National Academies Press
ISBN: 030911022X
Category : Science
Languages : en
Pages : 183
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Book Description
Coal will continue to provide a major portion of energy requirements in the United States for at least the next several decades. It is imperative that accurate information describing the amount, location, and quality of the coal resources and reserves be available to fulfill energy needs. It is also important that the United States extract its coal resources efficiently, safely, and in an environmentally responsible manner. A renewed focus on federal support for coal-related research, coordinated across agencies and with the active participation of the states and industrial sector, is a critical element for each of these requirements. Coal focuses on the research and development needs and priorities in the areas of coal resource and reserve assessments, coal mining and processing, transportation of coal and coal products, and coal utilization.
Author: United States. Congress. Senate. Committee on Foreign Relations. Subcommittee on International Economic Policy
Publisher:
ISBN:
Category : Coal
Languages : en
Pages : 352
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Book Description
Author: John E. Tilton
Publisher: Routledge
ISBN: 1317558766
Category : Technology & Engineering
Languages : en
Pages : 285
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Book Description
This textbook provides an introduction to the field of mineral economics and its use in understanding the behaviour of mineral commodity markets and in assessing both public and corporate policies in this important economic sector. The focus is on metal and non-metallic commodities rather than oil, coal, and other energy commodities. The work draws on John Tilton's teaching experience over the last 30 years at the Colorado School of Mines and the Catholic University of Chile, as well as short courses for RioTinto and other mining companies. This is combined with the professional consulting and academic research of Juan Ignacio Guzmán over the past decade, in order to demonstrate the industry application of the economic principles described in the earlier chapters. The book should be an ideal text for graduate and undergraduate students in the fields of mining engineering and natural resource economics and policy. It should also be of interest to professionals and investors in mining and commodity markets, and those undertaking continuing education in the mineral sector.
Author: Ceyhun, Gökçe Çiçek
Publisher: IGI Global
ISBN: 1799813983
Category : Business & Economics
Languages : en
Pages : 578
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Book Description
In today’s developing world, international trade is a field that is rapidly growing. Within this economic market, traders need to implement new approaches in order to satisfy consumers’ rising demands. Due to the high level of competition, merchants have focused on developing new transportation and logistics strategies. In order to execute effective transportation tactics, decision makers need to know the fundamentals, current developments, and future trends of intercontinental transportation. The Handbook of Research on the Applications of International Transportation and Logistics for World Trade provides emerging research exploring the effective and productive solutions to global transportation and logistics by applying fundamental and in-depth knowledge together with current applications and future aspects. Featuring coverage on a broad range of topics such as international regulations, inventory management, and distribution networks, this book is ideally designed for logistics authorities, trading companies, logistics operators, transportation specialists, government officials, managers, policymakers, researchers, academicians, and students.
