Leading Economies Still Hooked on Coal

Source: The International News (4/18/11)

"Coal utilization is projected to rise in the next 20 years, even as the world debates its use."

Nearly all of the leading and emerging economies of world are increasingly employing coal as the major source of their energy security.

Presently, says a report of International Energy Agency (IEA,) coal produces more than 49% electricity in the U.S.A, 49% in Germany, 76% in Australia, 68% in India, and 81% electricity in China, Khan said.

According to projections released by the U.S. Department of Energy Information and Administration (EIA), China plans an average increase of 4.1% in coal-based power use by 2030. According to IEA Outlook Report 2008 global energy consumption will rise by 50% by the year 2030, he said.

For the same period, India plans energy share of coal in the range of 42 to 65% as compared to 7% for gas and 28% for oil in overall power mix.

A latest study highlights that in Germany, a ton of lignite coal produces 1100kw of electricity, 190 cubic meters of substitute natural gas, 160 liters of diesel and 50 cubic meters of synthetic gas. This multiple use of coal is one of the reasons for continuous rise in its global consumption.

The Economist recently published the article, A new age of coal is upon us, in its January 27, 2011 issue. The coal boom, according to The Economist, "has spurred a number of mergers and acquisitions in 2010 with a value of $52 billion."

Global utilization of coal for power generation is 42% and projected to rise to 44% in the next 20 years, but the world is still debating its use.

'Breaking Up Can Be Good for You': Money Manager Offers Updates from Five Resource Companies
Source: Adrian Day for Streetwise Reports (10/21/2020)

Money manager Adrian Day reviews major developments at two companies, which he believes "should be very beneficial," and updates developments at several juniors, noting "some very strong buys."

Announcing Streetwise Live! Events
Source: Streetwise Reports (07/13/2020)

Streetwise Reports is offering 100 investors—at no charge—the opportunity to meet via Zoom with executives of precious metals companies as they discuss recent developments at their companies and upcoming catalysts.

'Strong Finish' to 2019 for Miner, 'Dividend Beat Expectation'
Source: Streetwise Reports (02/27/2020)

Last year's performance by Glencore International is summarized in a BMO Capital Markets report.

Diversified Miner Must Accelerate Q4/18 Production to Achieve Guidance
Source: Streetwise Reports (10/31/2018)

A BMO Capital Markets report reviewed this multinational company's Q3/18 numbers and Q4/18 outlook.

How Investors at the California Capital Conference Picked the Next Top Small-Cap Companies
Source: Staff of The Gold Report (12/07/2015)

The California Capital Conference brought 18 companies and 20 professional investors together in the beautiful Napa Valley at the end of November for a series of one-on-one meetings that resulted in insights that just can't be found on company websites.

Can Coal Endure Competition, Anti-Carbon Lobby?
Source: Zacks Equity Research (11/17/2014)

"The switch in the U.S. Senate recently following the mid-term elections is beneficial for the industry, as the incoming majority remains opposed to the EPA's tough regulatory regime. But it's hard to know to what extent they can help the industry given the existing rules/statues in place already."

How is Doug Casey Preparing for a Crisis Worse than 2008? He and His Fellow Millionaires Are Getting Back to Basics
Source: JT Long of The Mining Report (09/02/2014)

Trillions of dollars of debt, a bond bubble on the verge of bursting and economic distortions that make it difficult for investors to know what is going on behind the curtain have created what author Doug Casey calls a crisis economy. But he is not one to be beaten down. He is planning to make the most of this coming financial disaster by buying equities with real value—silver, gold, uranium, even coal. And, in this interview with The Mining Report, he shares his formula for determining which of the 1,500 "so-called mining stocks" on the TSX actually have value.

Energy Independence: Financial Fact or Political Fiction?
Source: JT Long of The Energy Report (07/03/2014)

including Energy Independence: Financial Fact or Political Fiction?

Why Uranium and Coal Rank High for Energy Return on Energy Invested: Thomas Drolet
Source: Tom Armistead of The Mining Report (12/03/2013)

including Why Uranium and Coal Rank High for Energy Return on Energy Invested: Thomas Drolet.