"Global decarbonization is humanity's most pressing challenge. Powering Empire offers the first historical roadmap charting how the world was carbonized. It also jettisons some misleading yet prevalent myths and clears impediments to this task. One is the naïve assumption that we are currently...

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 analyze the level of competition in this market which is...

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...