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Wednesday, 13 May 09
COAL SUPPLY MAY BE VASTLY OVERESTIMATED - ABC SCIENCE
The world's coal supply suggests reserves may be vastly overestimated and we could be facing an unprecedented global energy crisis, according to a US expert.
On the flip side, a dwindling supply of coal could also throw the brakes on global warming, some argue.
Common knowledge about coal is that major producing nations like China, the United States and Australia, have enough to last hundreds of years, far beyond the reach of oil, which may already be in its twilight years.
But worldwide coal production could plateau as early as 2025, according to one new estimate, and a growing group of scientists are concerned that fossil fuel supplies may begin dwindling by mid-century.
Last year, David Rutledge of the California Institute of Technology analysed the coal production patterns of five regions around the world - eastern Pennsylvania, France, Germany's Ruhr Valley, the United Kingdom and Japan - each of which was producing at less than a tenth of its peak levels.
He found that each of the depleted regions followed a rough bell curve of production; initial production was followed by a steep ramp-up, a plateau near peak levels, and then a consistent decline.
When he applied the same formula to coal data from around the world, the results were startling.
The United Nations Intergovernmental Panel on Climate Change's maximum estimate for extractable coal is about 3000 billion tonnes. Rutledge's calculations suggest just 600 billion tonnes.
The problem with the IPCC estimate is that it lumps coal reserves, which are easy to mine, with coal resources, which may be impossible to mine.
Time for rethink
Rutledge's study also shows that, historically, national governments in the five regions have overestimated their reserves by a factor of four on average.
"These appraisals are large-scale issues," he says. "But they're done by governments. What's the incentive for governments not to give a number that is too high?"
James Murray of the University of Washington agrees.
In a talk being presented later this month at the American Geophysical Union Joint Assembly, he plans to call for a re-evaluation of IPCC emissions scenarios, all 40 of which overstate humanity's ability to emit the greenhouse gas carbon dioxide, according to Rutledge's numbers.
The committee's projections predict CO2 levels in the atmosphere to approach 500 parts per million by 2050, if emissions continue on their current trend.
But Rutledge's work suggest that even if humans burn all the coal and oil we can get our hands on, we won't be able to push CO2 past 450 ppm. Oil sands and other unconventional fossil fuels probably won't add much to that total.
Murray and Rutledge diverge on the question of climate effects, though.
Using IPCC models, Rutlgedge argues that global temperatures won't get higher than 2°C above pre-industrial levels, at the lower end of what scientists think might spark 'dangerous' climate change.
"We're still going to have global warming, and it's a serious threat," says Murray. "I have no doubt the IPCC dramatically underestimates climate sensitivity."
Regardless of climate impacts, the concern over looming energy scarcity may be more acute than ever.
"I think we'll see peak coal somewhere between 2025 and 2035," says Richard Heinberg of the Post Carbon Institute in California. "This has huge economic implications. Without growth in our energy supplies, it's very difficult to see how we're going to grow the economy."
Source: http://www.abc.net.au/science/articles/2009/05/13/2569143.htm
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Wednesday, 27 May 09
NEWCASTLE PORT'S WEEKLY COAL EXPORTS INCREASE 3.6% - BLOOMBERG
Coal shipments from Australia’s Newcastle port, the world’s biggest export harbor for the fuel, rose 3.6 percent last week while the num ...
Wednesday, 27 May 09
EUROPEAN COAL PRICES FOR 2010 SETTLEMENT DROP TO 11-DAY LOW - BLOOMBERG
Benchmark European coal derivatives declined to an 11-day low as oil prices slumped.
Coal for delivery to Amsterdam, Rotterdam or Antwerp with se ...
Tuesday, 26 May 09
NEW MINING PERMITS TO BE OBTAINABLE WITHIN TWO WEEKS' TIME - MAJALAHTAMBANG
The Indonesian government is currently formulating a procedure for companies willing to obtain mining permits (IUP in its Indonesian abbreviation). ...
Tuesday, 26 May 09
KADIN CALLS FOR BIGGER RECOGNITION OF MINING SECTOR - MAJALAHTAMBANG
The Indonesian Chamber of Commerce and Industry (KADIN Indonesia) had called other sectors, particularly the forestry and the land administration se ...
Tuesday, 26 May 09
TUTICORIN PORT TO INVEST RS 700CR FOR COAL HANDLING FACILITIES
Business Standard reported that, The Tuticorin Port will develop coal handling facilities for state-run Neyveli Lignite Corporation (NLC) and Coasta ...
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- Dalmia Cement Bharat India
- Siam City Cement - Thailand
- PNOC Exploration Corporation - Philippines
- Trasteel International SA, Italy
- The University of Queensland
- Jaiprakash Power Ventures ltd
- Coalindo Energy - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Goldman Sachs - Singapore
- SMG Consultants - Indonesia
- Kobexindo Tractors - Indoneisa
- Manunggal Multi Energi - Indonesia
- Grasim Industreis Ltd - India
- Attock Cement Pakistan Limited
- Meralco Power Generation, Philippines
- Global Coal Blending Company Limited - Australia
- European Bulk Services B.V. - Netherlands
- Metalloyd Limited - United Kingdom
- Central Electricity Authority - India
- Coal and Oil Company - UAE
- LBH Netherlands Bv - Netherlands
- San Jose City I Power Corp, Philippines
- Bulk Trading Sa - Switzerland
- Pendopo Energi Batubara - Indonesia
- Intertek Mineral Services - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Ambuja Cements Ltd - India
- Maheswari Brothers Coal Limited - India
- Billiton Holdings Pty Ltd - Australia
- Tata Chemicals Ltd - India
- Timah Investasi Mineral - Indoneisa
- Wilmar Investment Holdings
- Sinarmas Energy and Mining - Indonesia
- Ind-Barath Power Infra Limited - India
- Orica Australia Pty. Ltd.
- Heidelberg Cement - Germany
- Singapore Mercantile Exchange
- Mercator Lines Limited - India
- Borneo Indobara - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Thai Mozambique Logistica
- Gujarat Mineral Development Corp Ltd - India
- Chettinad Cement Corporation Ltd - India
- Rio Tinto Coal - Australia
- Bharathi Cement Corporation - India
- Asmin Koalindo Tuhup - Indonesia
- Orica Mining Services - Indonesia
- Siam City Cement PLC, Thailand
- Parliament of New Zealand
- Pipit Mutiara Jaya. PT, Indonesia
- Uttam Galva Steels Limited - India
- Energy Development Corp, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Altura Mining Limited, Indonesia
- ASAPP Information Group - India
- Bhoruka Overseas - Indonesia
- Standard Chartered Bank - UAE
- PowerSource Philippines DevCo
- Kepco SPC Power Corporation, Philippines
- IHS Mccloskey Coal Group - USA
- Bahari Cakrawala Sebuku - Indonesia
- Electricity Generating Authority of Thailand
- Ministry of Finance - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Eastern Energy - Thailand
- ICICI Bank Limited - India
- Minerals Council of Australia
- Georgia Ports Authority, United States
- Medco Energi Mining Internasional
- Mintek Dendrill Indonesia
- Oldendorff Carriers - Singapore
- Commonwealth Bank - Australia
- Eastern Coal Council - USA
- CIMB Investment Bank - Malaysia
- Marubeni Corporation - India
- Rashtriya Ispat Nigam Limited - India
- Romanian Commodities Exchange
- Indonesian Coal Mining Association
- The State Trading Corporation of India Ltd
- Global Business Power Corporation, Philippines
- Indian Energy Exchange, India
- Barasentosa Lestari - Indonesia
- GAC Shipping (India) Pvt Ltd
- Bukit Makmur.PT - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Meenaskhi Energy Private Limited - India
- Xindia Steels Limited - India
- TeaM Sual Corporation - Philippines
- Lanco Infratech Ltd - India
- Banpu Public Company Limited - Thailand
- Independent Power Producers Association of India
- Kohat Cement Company Ltd. - Pakistan
- Star Paper Mills Limited - India
- Africa Commodities Group - South Africa
- Salva Resources Pvt Ltd - India
- Price Waterhouse Coopers - Russia
- Sical Logistics Limited - India
- Semirara Mining and Power Corporation, Philippines
- Directorate Of Revenue Intelligence - India
- Indika Energy - Indonesia
- Simpson Spence & Young - Indonesia
- Straits Asia Resources Limited - Singapore
- Planning Commission, India
- Agrawal Coal Company - India
- Videocon Industries ltd - India
- GVK Power & Infra Limited - India
- Interocean Group of Companies - India
- Edison Trading Spa - Italy
- Deloitte Consulting - India
- CNBM International Corporation - China
- Sindya Power Generating Company Private Ltd
- Krishnapatnam Port Company Ltd. - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Posco Energy - South Korea
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- SN Aboitiz Power Inc, Philippines
- Antam Resourcindo - Indonesia
- Anglo American - United Kingdom
- Bhatia International Limited - India
- Formosa Plastics Group - Taiwan
- Malabar Cements Ltd - India
- Cement Manufacturers Association - India
- Makarim & Taira - Indonesia
- Parry Sugars Refinery, India
- Samtan Co., Ltd - South Korea
- New Zealand Coal & Carbon
- Bank of Tokyo Mitsubishi UFJ Ltd
- IEA Clean Coal Centre - UK
- PetroVietnam Power Coal Import and Supply Company
- Jindal Steel & Power Ltd - India
- SMC Global Power, Philippines
- Semirara Mining Corp, Philippines
- The Treasury - Australian Government
- Chamber of Mines of South Africa
- VISA Power Limited - India
- MS Steel International - UAE
- Vizag Seaport Private Limited - India
- Tamil Nadu electricity Board
- Ministry of Transport, Egypt
- Vedanta Resources Plc - India
- International Coal Ventures Pvt Ltd - India
- Economic Council, Georgia
- Indogreen Group - Indonesia
- Thiess Contractors Indonesia
- London Commodity Brokers - England
- Merrill Lynch Commodities Europe
- Sojitz Corporation - Japan
- Alfred C Toepfer International GmbH - Germany
- Karaikal Port Pvt Ltd - India
- Kaltim Prima Coal - Indonesia
- Australian Commodity Traders Exchange
- White Energy Company Limited
- Bukit Asam (Persero) Tbk - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- GMR Energy Limited - India
- Central Java Power - Indonesia
- Bhushan Steel Limited - India
- Kapuas Tunggal Persada - Indonesia
- Bayan Resources Tbk. - Indonesia
- Toyota Tsusho Corporation, Japan
- Australian Coal Association
- Madhucon Powers Ltd - India
- McConnell Dowell - Australia
- Kideco Jaya Agung - Indonesia
- Energy Link Ltd, New Zealand
- PTC India Limited - India
- Power Finance Corporation Ltd., India
- Leighton Contractors Pty Ltd - Australia
- Cigading International Bulk Terminal - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Gujarat Electricity Regulatory Commission - India
- Iligan Light & Power Inc, Philippines
- Coastal Gujarat Power Limited - India
- Essar Steel Hazira Ltd - India
- Binh Thuan Hamico - Vietnam
- Holcim Trading Pte Ltd - Singapore
- Gujarat Sidhee Cement - India
- Mercuria Energy - Indonesia
- Ministry of Mines - Canada
- Bukit Baiduri Energy - Indonesia
- Renaissance Capital - South Africa
- OPG Power Generation Pvt Ltd - India
- Therma Luzon, Inc, Philippines
- Petron Corporation, Philippines
- Globalindo Alam Lestari - Indonesia
- South Luzon Thermal Energy Corporation
- Neyveli Lignite Corporation Ltd, - India
- Mjunction Services Limited - India
- Indian Oil Corporation Limited
- Directorate General of MIneral and Coal - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Bangladesh Power Developement Board
- Indo Tambangraya Megah - Indonesia
- Baramulti Group, Indonesia
- Larsen & Toubro Limited - India
- Port Waratah Coal Services - Australia
- Jorong Barutama Greston.PT - Indonesia
- Sree Jayajothi Cements Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Aboitiz Power Corporation - Philippines
- India Bulls Power Limited - India
- Kartika Selabumi Mining - Indonesia
- Latin American Coal - Colombia
- Wood Mackenzie - Singapore
- Riau Bara Harum - Indonesia
- Global Green Power PLC Corporation, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Electricity Authority, New Zealand
- Maharashtra Electricity Regulatory Commission - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Carbofer General Trading SA - India
- Kumho Petrochemical, South Korea
- Sarangani Energy Corporation, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Aditya Birla Group - India
- Savvy Resources Ltd - HongKong
- Sakthi Sugars Limited - India
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