vtsnowedin wrote:Why is cement shown as CO2 emission? Wouldn't the coal or other fuel used to fire the kilns be already counted in their totals?
Alfred Tennyson wrote:We are not now that strength which in old days
Moved earth and heaven, that which we are, we are;
One equal temper of heroic hearts,
Made weak by time and fate, but strong in will
To strive, to seek, to find, and not to yield.
China’s coal consumption fell in 2014The fall in coal use was driven by a variety of interlinking factors including:
1. A record increase in low-carbon power capacity.
2. The implementation of ambitious coal reduction targets.
3. Slower growth in heavy industry.
4. Improvements in efficiency.
5. Greater use of natural gas.
6. Better than usual conditions for hydropower.
Only one of these six factors – high hydropower utilization rates – is a yearly fluctuation, the rest potentially reflecting long term structural shifts.
China’s new energy targets suggest that the build of new solar and wind projects will will remain at 2014 levels until 2020 and beyond, as will the increase in the use of gas at the expense of coal. And china’s coal reduction targets just got tougher as the government announced absolute caps will be set for coal consumption in two key economic regions, the Yangtze River Delta and the Pearl River Delta.
Industry slowing
China’s leadership is also engaged in a conscious policy to rebalance the economy that has become overly reliant on large investment projects and heavy industry. As a result, the steel industry association said that China’s steel consumption has “already entered a period of peaking”.
Together, these factors will very significantly constrain coal use. With full implementation of the targets China has set for 2020, it’s expected that coal demand will peak and decline during this decade.
Coal price rally with legs as India overtakes Chinacoal – specifically the power-generating variety – has turned out to be the real surprise commodity of 2015. The benchmark thermal export price from Australia's port of Newcastle is up 22% in a month and on Monday scaled $70 a tonne for the first time in nearly six months.
The rally in thermal coal (metallurgical continues to languish in the low $90s) also come despite Chinese coal imports falling sharply in January on the back Beijing's crackdown on the commodity through tough emissions regulations and newly-imposed import tariffs.
According to CRU India will requiring an additional 136 million tonnes of imports by 2019. The majority of this import growth is expected to materialise over the next three years as significant coal-fired capacity comes on stream, and CRU expects India to replace China as the world's largest import market by 2015-2016.
There is a dire shortage of infrastructure on the sub-continent and the population is urbanizing rapidly, the same conditions that were present before the Chinese economic boom set off a commodity supercycle.
The fall in coal use was driven by a variety of interlinking factors including:
1. A record increase in low-carbon power capacity.
2. The implementation of ambitious coal reduction targets.
3. Slower growth in heavy industry.
4. Improvements in efficiency.
5. Greater use of natural gas.
6. Better than usual conditions for hydropower.
Only one of these six factors – high hydropower utilization rates – is a yearly fluctuation, the rest potentially reflecting long term structural shifts.
I'll see if I can clear up the confusion. The US mines about a billion tons of coal per year. The US has a demonstrated reserve base of about 480 billion tons of coal. 480 billion base / 1 billion per year = 480 years of coal left. Thats where the 400+ year figure comes from. However this is incorrect because we won't be able to mine 100% of that coal.PrestonSturges wrote:There's always been a discrepancy between claims that China has large reserves of coal and other reports that it has only very small amounts. Similarly, some people say the US has 400 years worth of coal, and other people say we have a 20 year supply. Considering that we have already strip mined an area the size of Delaware, 20 sounds more realistic.
kublikhan wrote:I'll see if I can clear up the confusion. The US mines about a billion tons of coal per year. The US has a demonstrated reserve base of about 480 billion tons of coal. 480 billion base / 1 billion per year = 480 years of coal left. Thats where the 400+ year figure comes from. However this is incorrect because we won't be able to mine 100% of that coal.
Much of it will be left in the ground for various reasons. The EIA estimates we have about 256 billion tons of recoverable coal reserves. 256 billion base / 1 billion per year = 256 years of recoverable coal. However this does not take into account economic feasibility. IE, will it be profitable to mine all 256 billion tons of that coal?
Recoverable reserves at currently producing mines is about 20 billion tons. 20 billion / 1 billion per year = 20 years of coal at currently active mines. However this figure only counts currently active mines. If prices rise you can always reopen former mines that were closed or open up new mines. So saying the US only have 20 years of coal left is highly misleading.
Most estimates use proved recoverable coal reserves(the ~200 year figure for the US). So this is probably the best figure to go with.
How large are U.S. coal reserves?
How Much Coal Is Left
China also has large reserves of coal. However they are consuming it much faster than we are. They are producing about 3.5 billion tons per year. But their proven reserve base is only about 100 billion tons. 100 / 3.5 = 29 years of coal left.
China and coal
China is burning through it's coal supply at an alarming rate, six times faster than the US is.
dohboi wrote:ROCK wrote: "The purified carbon dioxide then gets compressed into a liquid"
Holy mackerel! What kind of pressure do they put it under to get it into a freakin' liquid state, and what kind of energy toll does that take??
"Carbon dioxide has no liquid state at pressures below 5.1 standard atmospheres (520 kPa)."
Or do you mean they dissolve it in some kind of liquid? Water, presumably?? Any potential problems there??
Further: "Petra Nova captures carbon dioxide to help people mine ever more oil, which creates its own emissions once it's burned to make electricity." Oh, the ironies. But where is it going where it's being used to create electricity? Isn't that a rather...unusual use of oil these days, at least in these United States??
Alfred Tennyson wrote:We are not now that strength which in old days
Moved earth and heaven, that which we are, we are;
One equal temper of heroic hearts,
Made weak by time and fate, but strong in will
To strive, to seek, to find, and not to yield.
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