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Showing posts from January 9, 2011

Coal production rate peak revisited

On January 10, 2011 - 11:49am, the Oildrum posted an article by  Luis de Sousa 
Peak Coal: the Olduvai perspective.
It is an interesting article and we appreciate the author's arguments against the peak of global rate of coal production.  However, here are a few facts on the ground recorded by Greg Croft and me:
Last year, China imported 150/690=22% of all seaborne steam coal traded worldwide in 2010, and projections are that China will try to import more this year.  China also has firm plans of of limiting energy use and shutting down 2,000 coal-intensive industrial facilities.  In short, it seems that China's coal production has peaked.  China produces roughly 1/2 of world's coal.The Oildrum article does not seem to address the ever-increasing mine depths that will ultimately curtail and stop coal production from these mines.Mozambique is going to become the second biggest exporter of metallurgical coal, which is not the same as the second largest coal exporter.Best of all…