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Monday, 20 February 12
COAL BOOM AND ENVIRONMENTAL CONCERN - SUNIL K KUMBHAT
 COALspot.com - The dawn of the 21st century has seen a shift in the world's commercial balance of power, with the dominance of the US, Europe and Japan challenged by the rapid industrialisation of hungry new economies. The rise of the so-called BRIIC nations - Brazil, Russia, India ,Indonesia and China - is giving birth to new global financial centres, vibrant industrial markets and above all surging demand for raw materials to supply new projects.
But where does environmental responsibility fit into this drive for resources?
Growing demand for thermal Coal has created a new coal boom, which is great news for Coal producing countries such as Indonesia, Australia , south Africa . The demand of coal is growing at a massive rate in Asia particularly India and China. Both the coal hungry countries are making efforts to secure supplies by acquiring Coal mines or forming Joint ventures for their new power generating plants.
The demand is fuelling the world prices of coal, although prices are still not as high as witnessed in 2008 when everything peaked before the global financial crisis but there all indications that by 2012/2013 coal prises will reach to record high.
The India and China are becoming the mainstay of the market . Both the countries are having huge Coal reserves ,but still they are importing huge qty of coal to meet there increased demand and as such they are effectively driving the world Coal market and its prices. India’s demand for coal is expected to grow at a faster rate than any other country in the world.
India's rich untapped mineral resources of more than 20 mineral types - including gold, copper, coal and bauxite but the fact that many of these resources are located in rural, heavily forested areas with predominantly tribal populations has raised concerns over the environmental impact of mining operations.
The country has a long history of environmental damage caused by both domestic and international mining companies, as well as the ecological problems from hundreds of abandoned mines in areas like Bihar's Jharia and Rhaniganj coal fields. Like China, India has been plagued by the environmental problems associated with illegal and unlicensed mining operations, which the country's Directorate General of Mines Safety has been ill-equipped to deal with due to funding deficiencies.
Similarly China has come under fire from human rights activists and environmental groups alike for its arguably lax approach to both worker safety (the country has become the mining disaster capital of the world in recent years) and environmental accountability. The Chinese Government's approach to corporate and environmental responsibility has been characterised by outside observers as simply paying lip service to the environment - hinting that ISO guidelines for mining would be welcomed - without implementing practical measures to promote change.
The environmental impact of mining operations in Brazil is also under sharper scrutiny than many other countries, primarily because its borders contain the lion's share of the Amazon rainforest, a haven for biodiversity and one of the most important eco-systems in the world.
As such, environmental awareness is particularly strong in the Brazilian mining industry. Experts from the Brazilian Association of Technical Standards are playing a leadership role in the further development of the recently introduced ISO 26000 international standard on social responsibility. Furthermore, licensing for new mining projects is often legally conditional on the drafting of comprehensive environmental impact studies, reports and extensive public consultations, particularly in areas inhabited by tribal groups.
Although carrying out mining operations in a region like the Amazon will be controversial, the environmental commitment seen here and echoed by many other Brazilian mining companies (including industry giant Vale, which has a complex environmental quality management system based on ISO 14001 standards) provides a useful model of awareness for other BRIC nations, and the global mining industry in general, to follow.
India is emerging as a fast economy, targeting 9-10% annual growth. Realizing the underlying growth potential will largely depend on it's ability to meet energy requirements. Energy sector whose growth targets inter alia depend on coal. At a 9% growth rate, the capacity requirement will be 960Gw and energy requirement will be 4,806 billion kWh. In the light of these projections, coal demand is estimated to rise many fold. Main concentration of Indian companies remains in Indonesia as many new mines are opened for exploration , exploitation and production .Today Indonesia is one of the most rapidly developing coal producing country in the world.
For a strong economy, one needs strong infrastructure and power plants. For strong infrastructure and power plants , one needs steel. Steel is the backbone of an economy, and it is metallurgical coal and thermal coal that is used to produce steel and electricity.
An increase in Coal production is the opposite of what the global climate change forums have wanted to see because coal without any doubt is one of the dirtiest and filthiest fossil fuel in terms of CO2 and when it comes to harmful emissions that most environmentalists and energy economists agree causes global warming.
Coal consumption is going in a direction that policy makers would prefer it not to go.
Critical question is whether there is a willingness amongst coal producers and power generating plants to make their technology cleaner, so it emits less greenhouse gases(GHG) which leads to global warming .Energy scientists have long been voicing concern on the rise in the level of Greenhouse gases, which leads to Global warming and climatic changes that are detrimental to economies worldwide.
The disastrous consequences for global climate change is one topic that has now taken very serious dimension but hardly been realised in a serious enough way by the nations across the world.
The new thermal plants being built are certainly more efficient than older ones. There exist technology to have emission-free power plants - the only constraint is the cost. The cost of clean coal technology is very high, yet when we look at the alternatives to coal, they are even higher than that - for example, nuclear, solar, wind. The real costs of all these alternatives are still to be determined, but there is no doubt that clean coal technologies can double the cost of coal in generating energy.
None of the alternatives appears to be commercially viable right now for required generation of energy without considering subsidies and tax incentives . If any country accepts sustainable growth and development as the way forward, it subsumes the climate change issues.
At the same time, no country can ignore the inherent contradiction in the expression ‘sustainable growth’.
Growth essentially involves exploiting natural resources for human benefit and countries have to strike a delicate balance between environmental sustainability and economic growth. It is easier said than done.
As the climate issue impinges on everyone, wisdom demands that nations sink their petty differences in approach and strategy to stem the danger from spreading further and squeezing the survival prospects of one and all.
Principally, the efforts boil down to reduction of greenhouse gas (GHG) emission, caused primarily by accelerated economic development through exploitation of fossil fuels rich in carbon dioxide.
Every action does not need to be official or based on protocols. In any case, every country need to adopt new methods and ways of doing things in optimising the use of exhaustible resources, energy and water. Corporations / Institutions must carry out energy analysis and incorporate environmental accounting practices to reduce green house gas emission levels at their facilities. The government, in turn, could enforce a form of taxation based on companies’ contribution to climate change.
Climate change is today's biggest problem, threatening mankind with extinction. The problem, largely of man's own doing, must be treated as an emergency by all.
The president of Indonesia issued a Presidential decree instructing all central and regional authorities to support the moratorium by suspending the granting of permits for the use of “primary natural forests” for two years. This Presidential decree is part of Indonesia’s efforts to comply with the bilateral agreement between Indonesia and Norway on forest conservation.
Various governments worldwide are beginning to put regulations in place and to encourage development of more sustainable sources of power generation in order to protect populations worldwide from the immediate detrimental effects on life and health, and to protect the environment for future generation.
By : Sunil K Kumbhat , Jodhpur( Rajasthan ) India
Views expressed herein are personal views of the author and not that of COALspot.com.
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Friday, 06 April 12
DRY BULK MARKET SWIFT TO HALT FALL ON RENEWED DEMAND FOR CAPESIZES - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk managed to put a stop to the recent falls, which came as a result of a lacklustre demand for smaller vessel sizes. Although this trend ...
Thursday, 05 April 12
COAL EXPORT TAX: MATTER OF CONCERN FOR INDIA - SUNIL K KUMBHAT
COALspot.com - Since the issuance of Indonesian Mining law in 2009, miners have increased their activities in exploring , ex ...
Thursday, 05 April 12
AKR COAL FIRST EXPORT SHIPMENT OF COAL SEABORNE
PT Anugrah Karya Raya (AKR Coal) subsidiary of PT AKR Corporindo Tbk., Indonesia’s leading integrated supply chain solutions provider and larg ...
Thursday, 05 April 12
DRY BULK MARKET STALLS AS TREND IS REVERSED - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market has halted its month-long rally, with the BDI (Baltic Dry Index) retreating yesterday for a second consecutive session. Industry ...
Wednesday, 04 April 12
OIL MAY JUMP TO $150PB IF IRAN ATTACKED: EXPERT - KUNA / HELLENIC SHIPPING
Prices of oil will not drop below level of $100 per barrel and may jump to $150 pb in the coming two months, according to the prominent Kuwaiti expe ...
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- Deloitte Consulting - India
- Port Waratah Coal Services - Australia
- Heidelberg Cement - Germany
- Semirara Mining Corp, Philippines
- SMC Global Power, Philippines
- Altura Mining Limited, Indonesia
- Dalmia Cement Bharat India
- Riau Bara Harum - Indonesia
- GAC Shipping (India) Pvt Ltd
- Bahari Cakrawala Sebuku - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Global Green Power PLC Corporation, Philippines
- AsiaOL BioFuels Corp., Philippines
- Aboitiz Power Corporation - Philippines
- Kepco SPC Power Corporation, Philippines
- Commonwealth Bank - Australia
- Lanco Infratech Ltd - India
- Parliament of New Zealand
- Manunggal Multi Energi - Indonesia
- Bukit Baiduri Energy - Indonesia
- Siam City Cement - Thailand
- GMR Energy Limited - India
- Grasim Industreis Ltd - India
- Coalindo Energy - Indonesia
- European Bulk Services B.V. - Netherlands
- Chamber of Mines of South Africa
- Gujarat Electricity Regulatory Commission - India
- Merrill Lynch Commodities Europe
- TeaM Sual Corporation - Philippines
- Holcim Trading Pte Ltd - Singapore
- Romanian Commodities Exchange
- Electricity Generating Authority of Thailand
- Ambuja Cements Ltd - India
- PNOC Exploration Corporation - Philippines
- Sindya Power Generating Company Private Ltd
- Kideco Jaya Agung - Indonesia
- Eastern Energy - Thailand
- Cement Manufacturers Association - India
- Vedanta Resources Plc - India
- Indo Tambangraya Megah - Indonesia
- Directorate Of Revenue Intelligence - India
- London Commodity Brokers - England
- The State Trading Corporation of India Ltd
- Sojitz Corporation - Japan
- Power Finance Corporation Ltd., India
- Electricity Authority, New Zealand
- Meralco Power Generation, Philippines
- Mintek Dendrill Indonesia
- Australian Commodity Traders Exchange
- Vijayanagar Sugar Pvt Ltd - India
- Planning Commission, India
- Baramulti Group, Indonesia
- Leighton Contractors Pty Ltd - Australia
- Bhoruka Overseas - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Parry Sugars Refinery, India
- Central Electricity Authority - India
- Mercator Lines Limited - India
- Wilmar Investment Holdings
- Economic Council, Georgia
- Karbindo Abesyapradhi - Indoneisa
- Cigading International Bulk Terminal - Indonesia
- Vizag Seaport Private Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- CNBM International Corporation - China
- Bayan Resources Tbk. - Indonesia
- Sarangani Energy Corporation, Philippines
- Bharathi Cement Corporation - India
- Medco Energi Mining Internasional
- Standard Chartered Bank - UAE
- Alfred C Toepfer International GmbH - Germany
- TNB Fuel Sdn Bhd - Malaysia
- MS Steel International - UAE
- Krishnapatnam Port Company Ltd. - India
- PowerSource Philippines DevCo
- IEA Clean Coal Centre - UK
- Attock Cement Pakistan Limited
- Petrochimia International Co. Ltd.- Taiwan
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Latin American Coal - Colombia
- Mercuria Energy - Indonesia
- Larsen & Toubro Limited - India
- Bukit Makmur.PT - Indonesia
- Wood Mackenzie - Singapore
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- PetroVietnam Power Coal Import and Supply Company
- Ministry of Mines - Canada
- Trasteel International SA, Italy
- Goldman Sachs - Singapore
- Timah Investasi Mineral - Indoneisa
- Bhatia International Limited - India
- International Coal Ventures Pvt Ltd - India
- Borneo Indobara - Indonesia
- Central Java Power - Indonesia
- IHS Mccloskey Coal Group - USA
- The University of Queensland
- Savvy Resources Ltd - HongKong
- Energy Development Corp, Philippines
- Therma Luzon, Inc, Philippines
- Carbofer General Trading SA - India
- GVK Power & Infra Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Global Coal Blending Company Limited - Australia
- Uttam Galva Steels Limited - India
- Kaltim Prima Coal - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bangladesh Power Developement Board
- Metalloyd Limited - United Kingdom
- Videocon Industries ltd - India
- Miang Besar Coal Terminal - Indonesia
- Global Business Power Corporation, Philippines
- Africa Commodities Group - South Africa
- Renaissance Capital - South Africa
- Minerals Council of Australia
- Maharashtra Electricity Regulatory Commission - India
- SN Aboitiz Power Inc, Philippines
- Agrawal Coal Company - India
- Energy Link Ltd, New Zealand
- OPG Power Generation Pvt Ltd - India
- Malabar Cements Ltd - India
- Intertek Mineral Services - Indonesia
- SMG Consultants - Indonesia
- Orica Mining Services - Indonesia
- India Bulls Power Limited - India
- Banpu Public Company Limited - Thailand
- ASAPP Information Group - India
- Price Waterhouse Coopers - Russia
- Indian Energy Exchange, India
- Orica Australia Pty. Ltd.
- Binh Thuan Hamico - Vietnam
- Thiess Contractors Indonesia
- Edison Trading Spa - Italy
- Sree Jayajothi Cements Limited - India
- Jindal Steel & Power Ltd - India
- Toyota Tsusho Corporation, Japan
- Rio Tinto Coal - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Singapore Mercantile Exchange
- Sical Logistics Limited - India
- Anglo American - United Kingdom
- McConnell Dowell - Australia
- Thai Mozambique Logistica
- Siam City Cement PLC, Thailand
- Mjunction Services Limited - India
- New Zealand Coal & Carbon
- Posco Energy - South Korea
- LBH Netherlands Bv - Netherlands
- Aditya Birla Group - India
- Formosa Plastics Group - Taiwan
- Pipit Mutiara Jaya. PT, Indonesia
- Tata Chemicals Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Meenaskhi Energy Private Limited - India
- Coal and Oil Company - UAE
- Ministry of Finance - Indonesia
- Antam Resourcindo - Indonesia
- Globalindo Alam Lestari - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Essar Steel Hazira Ltd - India
- Pendopo Energi Batubara - Indonesia
- Oldendorff Carriers - Singapore
- Kumho Petrochemical, South Korea
- Ceylon Electricity Board - Sri Lanka
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Maheswari Brothers Coal Limited - India
- San Jose City I Power Corp, Philippines
- Indonesian Coal Mining Association
- Sakthi Sugars Limited - India
- Eastern Coal Council - USA
- Marubeni Corporation - India
- Ind-Barath Power Infra Limited - India
- Rashtriya Ispat Nigam Limited - India
- Indika Energy - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- White Energy Company Limited
- Karaikal Port Pvt Ltd - India
- Barasentosa Lestari - Indonesia
- Madhucon Powers Ltd - India
- Xindia Steels Limited - India
- The Treasury - Australian Government
- Chettinad Cement Corporation Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Salva Resources Pvt Ltd - India
- Coastal Gujarat Power Limited - India
- Interocean Group of Companies - India
- Independent Power Producers Association of India
- Sinarmas Energy and Mining - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Jaiprakash Power Ventures ltd
- Indian Oil Corporation Limited
- CIMB Investment Bank - Malaysia
- Tamil Nadu electricity Board
- Iligan Light & Power Inc, Philippines
- ICICI Bank Limited - India
- Simpson Spence & Young - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Georgia Ports Authority, United States
- South Luzon Thermal Energy Corporation
- Petron Corporation, Philippines
- Ministry of Transport, Egypt
- Australian Coal Association
- PTC India Limited - India
- Indogreen Group - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Straits Asia Resources Limited - Singapore
- Bulk Trading Sa - Switzerland
- Kobexindo Tractors - Indoneisa
- Kartika Selabumi Mining - Indonesia
- VISA Power Limited - India
- Bhushan Steel Limited - India
- Makarim & Taira - Indonesia
- Gujarat Sidhee Cement - India
- Samtan Co., Ltd - South Korea
- Star Paper Mills Limited - India
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