Sunday, April 12, 2015

Three quarters of the world


Three quarters of the world's coal consumption accounts for only three countries: China, the United States and India (in descending order). motor imports I therefore any change to their "coal" rest of the world followed the trend with tension as may be manifested by global state of the atmosphere, worsening or improving air quality. motor imports
To change, or reducing motor imports consumption, but with little enthusiasm looks great coal exporters such as Australia. It ranks in the consumption of coal into the top ten, but it certainly is among the largest exporter.
About a month ago the local coal lobby teasingly China, retired from the import of low-quality Australian coal (with high ash content and higher sulfur motor imports content), but now with the added restrictions motor imports and in turn the second largest customer, India.
Indian Minister for Energy, motor imports Piyush Goyal at the G20 summit motor imports also announced that his country will cease permanently remove coal from Australia motor imports within two to three years. This statement by the Australian side negotiations shocked because India had paid for a stable importer, who also their consumption has steadily increased year on year.
Indians actually consume coal in bulk. Over the past five years there has increased consumption by an average of 10% (in the last year there was a sudden increase in demand by 20%), and last week, for example, 60 of the 103 Indian thermal power coal reserves just seven days.
Although India has significant reserves motor imports of coal underground, but the domestic motor imports mining industry still was not enough to fully cover consumption. I therefore imports seemed appropriate solutions. But as mentioned Goyal, coal imported from Australia pelvis in Newcastle comes his country 2-3x more expensive (home comes to $ 24 per ton, import then $ 62 / t), which is nothing that would help the national economy.
Goyal further informed that the medium-term demand will now tackle motor imports his country from its own resources by starting their own mining, and in the long term, with coal-fired thermal power does not count at all.
Instead of investing in coal then India will increase the budget motor imports for long-term energy efficiency renovation motor imports project of the country, with a clear preference motor imports for renewable sources (for future years promised $ 100 billion, talks about 145 GW of solar installations in 2024). Good news for the world is in this case is very bad news for Australia.
Even in 2013, the Australian Prime Minister Tony Abbott praised the "great common past and even more common future motor imports of Australia and India," a government plan enthusiastically preparing new coal economy.
Wallowed and owners motor imports of Australian export and mining companies, who in the same year at the 33rd World Coal Conference lauded the decline in domestic electoral preferences Labour Party (which protested against the coal economy) will have a positive impact on domestic mining and exports. Australia now after the G20 summit must begin acutely solve what your charcoal will do. India already has an interest in it.
Healthier probably not the consumption of fossil fuels rises, the question is whether safer. Shale gas and unconventional oil prices, rocking, but I still think it would be better if the replace (or gas), first because coal is after all a politically safer regions.
In addition, coal is relatively easy to clean, process it has been known perhaps from the 19th century. Combined cycle power plant, for example, burns Vřesová own coal gas theoretically it is possible to achieve much higher efficiency than with conventional coal and gas cope.
We should watch it again if given fuel supplies are safe. If you succeed in those few years (I think it's the outlook for 2016 to 2018) of methane hydrates start profiting thereby further motor imports push down the price, then the problem will not make the transition to other fuels, to which we will need gas to stabilize supply and cutting off from oil.
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