With its resource availability and the prospect of climate friendly technology, coal continues to play an important … role in the global energy sector. We develop a complementarity model of the international market for steam coal. We want to … equilibrium framework, we assume the steam coal exporters to maximize their profits by choosing the optimal quantity to sell to …

Coal continues to be an important fuel in many countries' energy mix and, despite the climate change concerns, it is … evolution of the international market for steam coal, the coal type used for electricity generation. The main focus is on future …, formulated in the complementarity format. It includes all major steam coal exporting and importing countries and represents the …

In this paper, we provide a comprehensive multivariate cointegration analysis of three parts of the steam coal value … chain - export, transport and import prices. The analysis is based on a rich dataset of international coal prices; in … particular, we combine data on steam coal prices with freight rates, covering the period December 2001 until August 2009 at …

greenhouse gas emissions are increasing, although climate policy should lead to the opposite effect. The coal market is of … special relevance as coal is available in many countries and often their first choice to meet energy demand. In this paper we … assess possible interactions between climate policies and the global steam coal market. Possible market adjustments between …

The reduction of carbon emissions will require a rapid phasing out of coal and the displacement of millions of coal … miners. How much could this energy transition cost mining workers? We use the dramatic collapse of the UK coal industry to …

Die Bedeutung von Kohle wird heute oft unterschätzt, da sie lange als eine Ressource der Vergangenheit galt. Dabei ist … Kohle nach wie vor Grundpfeiler der Stromerzeugung in den meisten Ländern: Ein Viertel des weltweiten … Primärenergieverbrauchs wird durch Kohle gedeckt. Während die größten Kohleproduzenten China, USA und Indien auch gleichzeitig die größten …

wird zum überwiegenden Teil mit Stromerzeugung aus Kohle betrieben. Trotz Reformstau im Strom- und Kohlesektor geht derzeit …

Optimal climate policy is studied. Coal, the abundant resource, contributes more CO2 per unit of energy than the … exhaustible resource, oil. We characterize the optimal sequencing oil and coal and departures from the Herfindahl rule …. 'Preference reversal' can take place. If coal is very dirty compared to oil, there is no simultaneous use. Else, the optimal …

During 2007 and 2008 steam coal prices soared to unprecedented levels. Since then much has been speculated about the … drivers of these price peaks. This paper is concerned with the costs of steam coal allocation in the seaborne market and their … commodities used in coal mining and bulk carrier freight rates increased significantly, causing marginal costs to rise. However …