Coal is at the core of the debate about climate change mitigation policies, yet the internationalmarket for it is not … steam coal market that can be readily used toexplore implications of climate policies, but also to analyze market structure … illustrate the features ofthe model by analyzing to scenarios derived from the IEA World Energy Outlook (New Policies and450ppm …

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 …