Economics of the International Coal Trade

Economics of the International Coal Trade PDF 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.

Economics of the International Coal Trade

Economics of the International Coal Trade PDF Author: Lars Schernikau
Publisher: Springer Science & Business Media
ISBN: 9048192404
Category : Science
Languages : en
Pages : 257

Get Book Here

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.

Economics of the International Coal Trade

Economics of the International Coal Trade PDF 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.

Commodity Terms of Trade

Commodity Terms of Trade PDF Author: International Monetary Fund
Publisher: International Monetary Fund
ISBN: 1451873522
Category : Business & Economics
Languages : en
Pages : 36

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Book Description
We compile a historical dataset covering nearly 40 years of booms and busts in the commodity terms of trade of over 150 countries. We discuss the characteristics of these events and their effects on macroeconomic performance and, in particular, compare the most recent commodity-price cycle with its historical precedents.

Environmental and Energy Policy and the Economy

Environmental and Energy Policy and the Economy PDF 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.

Coal

Coal PDF 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.

Mineral Economics and Policy

Mineral Economics and Policy PDF 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.

Enterprise and Trade in Victorian Britain

Enterprise and Trade in Victorian Britain PDF Author: D. N. McCloskey
Publisher: Routledge
ISBN: 1134558341
Category : Business & Economics
Languages : en
Pages : 240

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Book Description
The essays in this book focus on the controversies concerning Britain's economic performance between the mid-nineteenth century and the First World War. The overriding theme is that Britain's own resources were consistently more productive, more resilient and more successful than is normally assumed. And if the economy's achievement was considerable, the influence on it of external factors (trade, international competition, policy) were much less significant than is normally supposed. The book is structured as follows: Part One: The Method of Historical Economics Part Two: Enterprise in Late Victorian Britain Part Three: Britain in the World Economy, 1846-1913.

The Economics of World War I

The Economics of World War I PDF Author: Stephen Broadberry
Publisher: Cambridge University Press
ISBN: 1139448358
Category : History
Languages : en
Pages : 363

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Book Description
This unique volume offers a definitive new history of European economies at war from 1914 to 1918. It studies how European economies mobilised for war, how existing economic institutions stood up under the strain, how economic development influenced outcomes and how wartime experience influenced post-war economic growth. Leading international experts provide the first systematic comparison of economies at war between 1914 and 1918 based on the best available data for Britain, Germany, France, Russia, the USA, Italy, Turkey, Austria-Hungary and the Netherlands. The editors' overview draws some stark lessons about the role of economic development, the importance of markets and the damage done by nationalism and protectionism. A companion volume to the acclaimed The Economics of World War II, this is a major contribution to our understanding of total war.

Coal and Empire

Coal and Empire PDF Author: Peter A. Shulman
Publisher: JHU Press
ISBN: 1421417073
Category : History
Languages : en
Pages : 333

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Book Description
The fascinating history of how coal-based energy became entangled with American security. Since the early twentieth century, Americans have associated oil with national security. From World War I to American involvement in the Middle East, this connection has seemed a self-evident truth. But, as Peter A. Shulman argues, Americans had to learn to think about the geopolitics of energy in terms of security, and they did so beginning in the nineteenth century: the age of coal. Coal and Empire insightfully weaves together pivotal moments in the history of science and technology by linking coal and steam to the realms of foreign relations, navy logistics, and American politics. Long before oil, coal allowed Americans to rethink the place of the United States in the world. Shulman explores how the development of coal-fired oceangoing steam power in the 1840s created new questions, opportunities, and problems for U.S. foreign relations and naval strategy. The search for coal, for example, helped take Commodore Matthew Perry to Japan in the 1850s. It facilitated Abraham Lincoln's pursuit of black colonization in 1860s Panama. After the Civil War, it led Americans to debate whether a need for coaling stations required the construction of a global empire. Until 1898, however, Americans preferred to answer the questions posed by coal with new technologies rather than new territories. Afterward, the establishment of America's string of island outposts created an entirely different demand for coal to secure the country's new colonial borders, a process that paved the way for how Americans incorporated oil into their strategic thought. By exploring how the security dimensions of energy were not intrinsically linked to a particular source of power but rather to political choices about America's role in the world, Shulman ultimately suggests that contemporary global struggles over energy will never disappear, even if oil is someday displaced by alternative sources of power.

False Alarm

False Alarm PDF Author: Bjorn Lomborg
Publisher: Basic Books
ISBN: 1541647483
Category : Science
Languages : en
Pages : 347

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Book Description
An “essential” (Times UK) and “meticulously researched” (Forbes) book by “the skeptical environmentalist” argues that panic over climate change is causing more harm than good Hurricanes batter our coasts. Wildfires rage across the American West. Glaciers collapse in the Artic. Politicians, activists, and the media espouse a common message: climate change is destroying the planet, and we must take drastic action immediately to stop it. Children panic about their future, and adults wonder if it is even ethical to bring new life into the world. Enough, argues bestselling author Bjorn Lomborg. Climate change is real, but it's not the apocalyptic threat that we've been told it is. Projections of Earth's imminent demise are based on bad science and even worse economics. In panic, world leaders have committed to wildly expensive but largely ineffective policies that hamper growth and crowd out more pressing investments in human capital, from immunization to education. False Alarm will convince you that everything you think about climate change is wrong -- and points the way toward making the world a vastly better, if slightly warmer, place for us all.