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The Global Coal Market
Supplying the Major Fuel for Emerging Economies

$160.00 (C)

Mark C. Thurber, Richard K. Morse, Wuyuan Peng, Huaichuan Rui, Gang He, Jeremy Carl, Anton Eberhard, Bart Lucarelli, Franziska Holz, Clemens Haftendorn, Roman Mendelevitch, Christian Von Hirschhausen, Varun Rai, Kevin Jianjun Tu
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  • Date Published: July 2015
  • availability: Available
  • format: Hardback
  • isbn: 9781107092426

$ 160.00 (C)
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About the Authors
  • Coal has been the world's fastest-growing energy source in absolute terms for over a decade. Coal also emits more CO2 than any other fossil fuel and contributes to serious air pollution problems in many regions of the world. If we hope to satisfy the demand for affordable energy in emerging economies while protecting the environment we need to develop a keen understanding of the market that supplies coal. This book offers an in-depth analysis of the key producers and consumers that will most influence coal production, transport, and use in the future. By exploring how countries such as China, India, Indonesia, Australia, and South Africa have developed their respective coal industries - and how these industries link together through the international coal trade - experts shed light on how the global coal market may evolve, and the economic and environmental implications. This book is the most comprehensive treatment of these topics to date and will appeal to a wide readership, including scholars and practitioners working on energy economics and policy.

    • The first book-level treatment of the operation of the modern global coal market, providing an ideal reference for readers wanting to understand today's production, transport, and use of coal, and how these will evolve over time
    • Combines rich detail and rigorous analysis with accessible writing throughout, and will appeal to a range of people from academics to industry experts, and from stakeholders to general readers interested in understanding the importance of coal to our economic and environmental future
    • Text features include insightful figures and tables to effectively convey ideas visually as well as through text, and numerous country-specific case studies within thematically oriented chapters to uncover rich histories of the evolution of country coal sectors
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    Reviews & endorsements

    'In this book, Mark C. Thurber and Richard K. Morse bring us an excellent contribution to knowledge about the prospects and challenges for the global coal market, which is no doubt a key determinant of our energy and environmental future.' Ken Koyama, Chief Economist and Managing Director, Institute of Energy Economics, Japan

    'This book provides an in-depth look at how countries with significant coal resources strive - and sometimes struggle - to extract and use these resources in an efficient and environmentally sound manner. For a country like India where coal is the major energy resource, coal sector development has to be considered in the context of the global coal market. This book is an invaluable guide to how country-level coal sector development connects to global outcomes.' Kirit Parikh, Chairman of Integrated Research and Action for Development, India

    'Oil gets the headlines, but coal is really the pivotal fuel for much of the world economy and the health of the planet’s environment. This book offers a fresh look at what’s happening in the global coal market - focused on its epicenter, Asia. Steeped with insights about how these markets actually function, the book shows us how a global market has made this energy source more competitive. It is a sober reminder that cutting coal consumption - and encouraging firms to install technologies that can use coal in ways less harmful to the climate - remains a daunting task.' David G. Victor, University of California, San Diego

    'The Global Coal Market offers a comprehensive, balanced and accessible treatment of these important developments, of use to anyone interested in the economic and environmental issues around coal.' Ian Cronshaw, Pacific Affairs

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    Product details

    • Date Published: July 2015
    • format: Hardback
    • isbn: 9781107092426
    • length: 724 pages
    • dimensions: 237 x 160 x 45 mm
    • weight: 1.19kg
    • contains: 125 b/w illus. 80 tables
    • availability: Available
  • Table of Contents

    Part I. Introduction:
    1. The Asia-centric coal era Mark C. Thurber and Richard K. Morse
    Part II. Case Studies of Key Coal Countries:
    2. The evolution of China's coal institutions Wuyuan Peng
    3. Developing large coal-power bases in China Huaichuan Rui, Richard K. Morse and Gang He
    4. The causes and implications of India's coal production shortfall Jeremy Carl
    5. Market, investment, and policy challenges for South African coal Anton Eberhard
    6. Australia's black coal industry: past achievements and future challenges Bart Lucarelli
    7. Government as creator and destroyer: Indonesia's rapid rise and possible decline as steam coal supplier to Asia Bart Lucarelli
    Part III. Understanding the International Coal Trade:
    8. US coal to Asia: examining the role of transportation constraints in energy markets Mark C. Thurber
    9. The world's greatest coal arbitrage: China's coal import behavior Richard K. Morse and Gang He
    10. The COALMOD-World model: coal markets until 2030 Franziska Holz, Clemens Haftendorn, Roman Mendelevitch and Christian Von Hirschhausen
    Part IV. The Potential of Technology to Reconcile Coal and Climate:
    11. New technologies to the rescue? A review of three game changing coal technologies and their implications for Australia's black coal industry Bart Lucarelli
    12. The real drivers of carbon capture and storage in China Richard K. Morse, Varun Rai and Gang He
    Part V. Conclusions and Implications:
    13. Major factors affecting the production, trade, and environmental impact of coal Mark C. Thurber and Richard K. Morse
    Part VI. Detailed Information on the Coal Value Chain in China: Appendix. A statistical review of coal supply, demand, and transport in China Kevin Jianjun Tu
    Index.

  • Editors

    Mark C. Thurber, Stanford University, California
    Mark C. Thurber is Associate Director at the Program on Energy and Sustainable Development (PESD) at Stanford University, where he studies coal, natural gas, oil, electricity and carbon markets, as well as how to deliver energy to the poorest populations around the world. He teaches on energy markets and policy at Stanford University's Graduate School of Business.

    Richard K. Morse, Stanford University, California
    Richard K. Morse is an affiliated researcher at the Program on Energy and Sustainable Development (PESD) at Stanford University. He has published multiple articles and presented at major coal industry conferences on the operation of the global coal market, with a particular focus on China.

    Contributors

    Mark C. Thurber, Richard K. Morse, Wuyuan Peng, Huaichuan Rui, Gang He, Jeremy Carl, Anton Eberhard, Bart Lucarelli, Franziska Holz, Clemens Haftendorn, Roman Mendelevitch, Christian Von Hirschhausen, Varun Rai, Kevin Jianjun Tu

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