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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, 10 February 12
TONNAGE KEEPS ON COMING - DREWRY
Drewry Maritime Research’s latest edition of its Dry Bulk Forecaster pulls no punches in its assessment of a market that looks certain to cont ...
Friday, 10 February 12
GIVE PERMIT POWERS TO GOVERNORS: MINERS - THE JAKARTA POST
The Jakarta Post reported that, following clashes between mining companies and local residents, the Indonesian Mining Association (IMA) wants to tra ...
Thursday, 09 February 12
AUSTRALIA'S EPIC TO ACQUIRE 15,500 HA COAL EXPLORATION LICENCES IN EAST KALIMANTAN, INDONESIA
COALspot.com - Epic Resources Limited to acquire two coal concessions in Kutai Barat regency, East Kalimantan, Indonesia.
According to company's ...
Thursday, 09 February 12
RESOURCE ALAM BUYS 28,521HA CONCESSIONS - INSIDER STORIES
Insider Stories reported that, PT Resource Alam Indonesia Tbk (KKGI), owned by Adijanto family, today announced acquisition of 75% interest in PT Ka ...
Tuesday, 07 February 12
DRY BULK MARKET FINALLY STOPS DECLINE, POSTS FIRST RISE IN MORE THAN A MONTH - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
After falling to near record lows, not seen since the mid-80s the dry bulk market has finally stopped its path to "hell", with the industr ...
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- Siam City Cement PLC, Thailand
- Makarim & Taira - Indonesia
- New Zealand Coal & Carbon
- Kalimantan Lumbung Energi - Indonesia
- Binh Thuan Hamico - Vietnam
- Riau Bara Harum - Indonesia
- Medco Energi Mining Internasional
- Chamber of Mines of South Africa
- Deloitte Consulting - India
- Goldman Sachs - Singapore
- Ministry of Mines - Canada
- Indo Tambangraya Megah - Indonesia
- Sarangani Energy Corporation, Philippines
- Intertek Mineral Services - Indonesia
- Jaiprakash Power Ventures ltd
- Port Waratah Coal Services - Australia
- Kaltim Prima Coal - Indonesia
- Kartika Selabumi Mining - Indonesia
- Kepco SPC Power Corporation, Philippines
- Coalindo Energy - Indonesia
- Carbofer General Trading SA - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Larsen & Toubro Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- India Bulls Power Limited - India
- Renaissance Capital - South Africa
- Timah Investasi Mineral - Indoneisa
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bulk Trading Sa - Switzerland
- Cement Manufacturers Association - India
- Sakthi Sugars Limited - India
- Straits Asia Resources Limited - Singapore
- Minerals Council of Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Jorong Barutama Greston.PT - Indonesia
- Attock Cement Pakistan Limited
- SN Aboitiz Power Inc, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Economic Council, Georgia
- Romanian Commodities Exchange
- Mintek Dendrill Indonesia
- Gujarat Mineral Development Corp Ltd - India
- PTC India Limited - India
- Dalmia Cement Bharat India
- Uttam Galva Steels Limited - India
- Ambuja Cements Ltd - India
- Central Java Power - Indonesia
- Petron Corporation, Philippines
- Oldendorff Carriers - Singapore
- Chettinad Cement Corporation Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- GAC Shipping (India) Pvt Ltd
- Karaikal Port Pvt Ltd - India
- Baramulti Group, Indonesia
- Borneo Indobara - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Mercator Lines Limited - India
- Parry Sugars Refinery, India
- Kapuas Tunggal Persada - Indonesia
- Georgia Ports Authority, United States
- Formosa Plastics Group - Taiwan
- Eastern Energy - Thailand
- Kobexindo Tractors - Indoneisa
- Bahari Cakrawala Sebuku - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Orica Mining Services - Indonesia
- CNBM International Corporation - China
- Mercuria Energy - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Indian Oil Corporation Limited
- Gujarat Sidhee Cement - India
- Planning Commission, India
- Australian Coal Association
- Semirara Mining and Power Corporation, Philippines
- Parliament of New Zealand
- Jindal Steel & Power Ltd - India
- Latin American Coal - Colombia
- Globalindo Alam Lestari - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Sojitz Corporation - Japan
- London Commodity Brokers - England
- Africa Commodities Group - South Africa
- Mjunction Services Limited - India
- Global Business Power Corporation, Philippines
- Krishnapatnam Port Company Ltd. - India
- Asmin Koalindo Tuhup - Indonesia
- Independent Power Producers Association of India
- Thai Mozambique Logistica
- CIMB Investment Bank - Malaysia
- Leighton Contractors Pty Ltd - Australia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- IEA Clean Coal Centre - UK
- TNB Fuel Sdn Bhd - Malaysia
- Simpson Spence & Young - Indonesia
- Barasentosa Lestari - Indonesia
- Bhatia International Limited - India
- Price Waterhouse Coopers - Russia
- Malabar Cements Ltd - India
- Sree Jayajothi Cements Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- VISA Power Limited - India
- Energy Development Corp, Philippines
- Maheswari Brothers Coal Limited - India
- The State Trading Corporation of India Ltd
- Edison Trading Spa - Italy
- Iligan Light & Power Inc, Philippines
- Bukit Baiduri Energy - Indonesia
- Trasteel International SA, Italy
- Petrochimia International Co. Ltd.- Taiwan
- Central Electricity Authority - India
- Commonwealth Bank - Australia
- Australian Commodity Traders Exchange
- Antam Resourcindo - Indonesia
- Singapore Mercantile Exchange
- Standard Chartered Bank - UAE
- Sindya Power Generating Company Private Ltd
- Ind-Barath Power Infra Limited - India
- Bharathi Cement Corporation - India
- Coal and Oil Company - UAE
- Altura Mining Limited, Indonesia
- SMC Global Power, Philippines
- ASAPP Information Group - India
- ICICI Bank Limited - India
- Indika Energy - Indonesia
- Anglo American - United Kingdom
- The University of Queensland
- Rashtriya Ispat Nigam Limited - India
- Siam City Cement - Thailand
- TeaM Sual Corporation - Philippines
- Bangladesh Power Developement Board
- Orica Australia Pty. Ltd.
- Cigading International Bulk Terminal - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Therma Luzon, Inc, Philippines
- Bhoruka Overseas - Indonesia
- Heidelberg Cement - Germany
- Manunggal Multi Energi - Indonesia
- Ceylon Electricity Board - Sri Lanka
- GVK Power & Infra Limited - India
- Gujarat Electricity Regulatory Commission - India
- Marubeni Corporation - India
- Global Coal Blending Company Limited - Australia
- The Treasury - Australian Government
- Tata Chemicals Ltd - India
- Bukit Makmur.PT - Indonesia
- Indonesian Coal Mining Association
- Coastal Gujarat Power Limited - India
- Aditya Birla Group - India
- Bayan Resources Tbk. - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Tamil Nadu electricity Board
- Savvy Resources Ltd - HongKong
- Vedanta Resources Plc - India
- Semirara Mining Corp, Philippines
- Electricity Generating Authority of Thailand
- White Energy Company Limited
- Wood Mackenzie - Singapore
- Thiess Contractors Indonesia
- Energy Link Ltd, New Zealand
- SMG Consultants - Indonesia
- Wilmar Investment Holdings
- Directorate Of Revenue Intelligence - India
- Global Green Power PLC Corporation, Philippines
- Bhushan Steel Limited - India
- Vizag Seaport Private Limited - India
- Samtan Co., Ltd - South Korea
- Meenaskhi Energy Private Limited - India
- Star Paper Mills Limited - India
- Merrill Lynch Commodities Europe
- Rio Tinto Coal - Australia
- Alfred C Toepfer International GmbH - Germany
- South Luzon Thermal Energy Corporation
- Ministry of Transport, Egypt
- Xindia Steels Limited - India
- European Bulk Services B.V. - Netherlands
- PowerSource Philippines DevCo
- Aboitiz Power Corporation - Philippines
- McConnell Dowell - Australia
- Salva Resources Pvt Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- MS Steel International - UAE
- GN Power Mariveles Coal Plant, Philippines
- Toyota Tsusho Corporation, Japan
- Sical Logistics Limited - India
- Indogreen Group - Indonesia
- OPG Power Generation Pvt Ltd - India
- Grasim Industreis Ltd - India
- Ministry of Finance - Indonesia
- Lanco Infratech Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Banpu Public Company Limited - Thailand
- Agrawal Coal Company - India
- San Jose City I Power Corp, Philippines
- Interocean Group of Companies - India
- AsiaOL BioFuels Corp., Philippines
- Miang Besar Coal Terminal - Indonesia
- IHS Mccloskey Coal Group - USA
- Billiton Holdings Pty Ltd - Australia
- Metalloyd Limited - United Kingdom
- Meralco Power Generation, Philippines
- Pendopo Energi Batubara - Indonesia
- Videocon Industries ltd - India
- Indian Energy Exchange, India
- Madhucon Powers Ltd - India
- PNOC Exploration Corporation - Philippines
- Electricity Authority, New Zealand
- LBH Netherlands Bv - Netherlands
- Power Finance Corporation Ltd., India
- Kideco Jaya Agung - Indonesia
- Kumho Petrochemical, South Korea
- GMR Energy Limited - India
- Sinarmas Energy and Mining - Indonesia
- Posco Energy - South Korea
- International Coal Ventures Pvt Ltd - India
- Essar Steel Hazira Ltd - India
- Eastern Coal Council - USA
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