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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, 20 May 09
COAL & OIL BAGS TWO CONTRACTS TO SUPPLY COAL TO CEMENT & SUGAR INDUSTRY IN INDIA
COALspot.com: According to website of Coal & Oil Company, Aditya Birla Group (Ultratech) have placed orders with Coal and Oil Company for supply ...
Wednesday, 20 May 09
CIL MAY URGE NEW GOVERNMENT TO HIKE COAL PRICE - STEELGURU
BL reported that soon after assuming office the new government may be faced with a proposal for an increase in prices of coal by Coal India Limited ...
Wednesday, 20 May 09
S.KOREA COAL IMPORTS IN APRIL DOWN 22 PCT Y/Y - REUTERS
South Korea's imports of heating coal in April fell 22 percent from a year earlier on bearish demand from domestic utilities, industry data showed ...
Wednesday, 20 May 09
THE WORLD'S TOP COAL TRADING COMPANIES - REUTERS
The international physical steam coal market has become increasingly liquid and tradeable during the past five years.
Physical global seaborne co ...
Wednesday, 20 May 09
SHIPPING INDEX RISES TO 7-MONTH HIGH AS CHINESE DEMAND ADVANCES - BLOOMBERG
The Baltic Dry Index, a measure of shipping costs for commodities, rose to a seven-month high in London on accelerating Chinese demand for iron ore. ...
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- AsiaOL BioFuels Corp., Philippines
- Maharashtra Electricity Regulatory Commission - India
- Coalindo Energy - Indonesia
- McConnell Dowell - Australia
- Siam City Cement PLC, Thailand
- New Zealand Coal & Carbon
- Manunggal Multi Energi - Indonesia
- Romanian Commodities Exchange
- Mjunction Services Limited - India
- Aditya Birla Group - India
- Energy Link Ltd, New Zealand
- Indo Tambangraya Megah - Indonesia
- Goldman Sachs - Singapore
- Maheswari Brothers Coal Limited - India
- Medco Energi Mining Internasional
- South Luzon Thermal Energy Corporation
- International Coal Ventures Pvt Ltd - India
- Wood Mackenzie - Singapore
- Borneo Indobara - Indonesia
- Vedanta Resources Plc - India
- San Jose City I Power Corp, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Thiess Contractors Indonesia
- OPG Power Generation Pvt Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Standard Chartered Bank - UAE
- Globalindo Alam Lestari - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- CNBM International Corporation - China
- LBH Netherlands Bv - Netherlands
- Asmin Koalindo Tuhup - Indonesia
- Attock Cement Pakistan Limited
- Pendopo Energi Batubara - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Sarangani Energy Corporation, Philippines
- Kepco SPC Power Corporation, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Ceylon Electricity Board - Sri Lanka
- Marubeni Corporation - India
- Sindya Power Generating Company Private Ltd
- Timah Investasi Mineral - Indoneisa
- Parry Sugars Refinery, India
- PetroVietnam Power Coal Import and Supply Company
- Electricity Authority, New Zealand
- Kapuas Tunggal Persada - Indonesia
- MS Steel International - UAE
- Singapore Mercantile Exchange
- Sakthi Sugars Limited - India
- Dalmia Cement Bharat India
- Essar Steel Hazira Ltd - India
- Wilmar Investment Holdings
- Energy Development Corp, Philippines
- Petron Corporation, Philippines
- SMC Global Power, Philippines
- Rio Tinto Coal - Australia
- Ministry of Transport, Egypt
- Salva Resources Pvt Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Banpu Public Company Limited - Thailand
- Mercuria Energy - Indonesia
- Heidelberg Cement - Germany
- Ambuja Cements Ltd - India
- Simpson Spence & Young - Indonesia
- Jaiprakash Power Ventures ltd
- Larsen & Toubro Limited - India
- Karaikal Port Pvt Ltd - India
- Madhucon Powers Ltd - India
- London Commodity Brokers - England
- Savvy Resources Ltd - HongKong
- Mercator Lines Limited - India
- Port Waratah Coal Services - Australia
- CIMB Investment Bank - Malaysia
- Kumho Petrochemical, South Korea
- Minerals Council of Australia
- Eastern Coal Council - USA
- Orica Mining Services - Indonesia
- The Treasury - Australian Government
- European Bulk Services B.V. - Netherlands
- Altura Mining Limited, Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Krishnapatnam Port Company Ltd. - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Neyveli Lignite Corporation Ltd, - India
- Indian Oil Corporation Limited
- Planning Commission, India
- Bayan Resources Tbk. - Indonesia
- Formosa Plastics Group - Taiwan
- Meralco Power Generation, Philippines
- Indonesian Coal Mining Association
- Vizag Seaport Private Limited - India
- Economic Council, Georgia
- Binh Thuan Hamico - Vietnam
- Bhatia International Limited - India
- Africa Commodities Group - South Africa
- Indogreen Group - Indonesia
- GAC Shipping (India) Pvt Ltd
- Australian Commodity Traders Exchange
- Lanco Infratech Ltd - India
- Central Java Power - Indonesia
- Xindia Steels Limited - India
- Parliament of New Zealand
- ICICI Bank Limited - India
- Merrill Lynch Commodities Europe
- Bhushan Steel Limited - India
- Sree Jayajothi Cements Limited - India
- Ministry of Mines - Canada
- Indian Energy Exchange, India
- Miang Besar Coal Terminal - Indonesia
- Siam City Cement - Thailand
- Global Business Power Corporation, Philippines
- Cement Manufacturers Association - India
- Bukit Asam (Persero) Tbk - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Kobexindo Tractors - Indoneisa
- Ministry of Finance - Indonesia
- Eastern Energy - Thailand
- Baramulti Group, Indonesia
- Tamil Nadu electricity Board
- Coastal Gujarat Power Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Gujarat Electricity Regulatory Commission - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Uttam Galva Steels Limited - India
- India Bulls Power Limited - India
- Power Finance Corporation Ltd., India
- Metalloyd Limited - United Kingdom
- Makarim & Taira - Indonesia
- SMG Consultants - Indonesia
- Grasim Industreis Ltd - India
- Price Waterhouse Coopers - Russia
- Therma Luzon, Inc, Philippines
- Semirara Mining Corp, Philippines
- Aboitiz Power Corporation - Philippines
- GMR Energy Limited - India
- Kideco Jaya Agung - Indonesia
- Malabar Cements Ltd - India
- TeaM Sual Corporation - Philippines
- Billiton Holdings Pty Ltd - Australia
- Kaltim Prima Coal - Indonesia
- White Energy Company Limited
- Kalimantan Lumbung Energi - Indonesia
- Renaissance Capital - South Africa
- Edison Trading Spa - Italy
- Gujarat Sidhee Cement - India
- Cigading International Bulk Terminal - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Global Green Power PLC Corporation, Philippines
- PNOC Exploration Corporation - Philippines
- Straits Asia Resources Limited - Singapore
- Bukit Baiduri Energy - Indonesia
- Antam Resourcindo - Indonesia
- Interocean Group of Companies - India
- PowerSource Philippines DevCo
- Gujarat Mineral Development Corp Ltd - India
- IEA Clean Coal Centre - UK
- Indika Energy - Indonesia
- ASAPP Information Group - India
- Intertek Mineral Services - Indonesia
- Bukit Makmur.PT - Indonesia
- Bharathi Cement Corporation - India
- Bangladesh Power Developement Board
- Jorong Barutama Greston.PT - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Mintek Dendrill Indonesia
- Bulk Trading Sa - Switzerland
- TNB Fuel Sdn Bhd - Malaysia
- Karbindo Abesyapradhi - Indoneisa
- Latin American Coal - Colombia
- Toyota Tsusho Corporation, Japan
- The State Trading Corporation of India Ltd
- GN Power Mariveles Coal Plant, Philippines
- Central Electricity Authority - India
- Ind-Barath Power Infra Limited - India
- Directorate Of Revenue Intelligence - India
- Global Coal Blending Company Limited - Australia
- Georgia Ports Authority, United States
- Sinarmas Energy and Mining - Indonesia
- Star Paper Mills Limited - India
- IHS Mccloskey Coal Group - USA
- Riau Bara Harum - Indonesia
- Jindal Steel & Power Ltd - India
- Posco Energy - South Korea
- Barasentosa Lestari - Indonesia
- Carbofer General Trading SA - India
- Commonwealth Bank - Australia
- SN Aboitiz Power Inc, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Videocon Industries ltd - India
- Tata Chemicals Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Electricity Generating Authority of Thailand
- Oldendorff Carriers - Singapore
- Meenaskhi Energy Private Limited - India
- Agrawal Coal Company - India
- Independent Power Producers Association of India
- Anglo American - United Kingdom
- Deloitte Consulting - India
- Australian Coal Association
- GVK Power & Infra Limited - India
- Trasteel International SA, Italy
- Bhoruka Overseas - Indonesia
- Sical Logistics Limited - India
- Orica Australia Pty. Ltd.
- Chettinad Cement Corporation Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Kartika Selabumi Mining - Indonesia
- The University of Queensland
- PTC India Limited - India
- Sojitz Corporation - Japan
- Chamber of Mines of South Africa
- Coal and Oil Company - UAE
- Thai Mozambique Logistica
- Samtan Co., Ltd - South Korea
- Iligan Light & Power Inc, Philippines
- VISA Power Limited - India
- Alfred C Toepfer International GmbH - Germany
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