China dominates world coal markets, accounting for more than half of total global demand. The EIA believes that Chinese coal consumption may now be on a declining trend, with industrial use for steam and steelmaking already having peaked, and demand for power generation likely to peak around 2023. read more
“There are a host of signals that Chinese demand for coal is close to peaking which will cause a seismic shift in the market,” Anthony Hobley, chief executive officer, wrote in a report released today. read more
The Future Of Coal By IE Staff and Partners | April 13, 2015 Between federal regulations to restrict carbon dioxide emissions and mercury pollution, cheap natural gas, and concerns about climate change, the coal industry in this country is under threat. read more
Compared to Coal Belt states like Kentucky and West Virginia, the Powder River Basin coal industry proved more resilient in recent years. “Montana and Wyoming coal production is so much more efficient than in Appalachia,” said Chris Mehl of Headwaters Economics, a Bozeman, Mont.-based research group. read more