China has made no secret that it is in the process of diversifying its power production and, logically, through that process thermal coal will begin to represent an increasingly smaller percentage of the total energy produced.
Continue reading "Coal Forecasts Revised Amid Reports of Slowing Chinese Demand"
Tuesday, July 20, 2010
The International Energy Agency’s announcement that China overtook the United States as the world’s largest power-consuming nation in 2009 is promising news for coal producers. While other nations are turning away from coal power, it accounted for 70 percent of China’s total energy consumption last year. And, even with China’s National Energy Administration predicting coal consumption will supply only 63 percent of the country’s energy by 2015, investor and analysts are still bullish about coal in China.
Continue reading "Coal Demand in China to Continue Climbing"
Thursday, November 20, 2008
Most environmentalist groups are confident that an Obama presidency will usher in a new age of greener energy sources in the U.S. However, coal may be clamped down on from mine mouth to smokestack, but it's not as though it’s going out of style.
Continue reading "Coal-powered energy: here to stay"
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Monday, August 16, 2010