We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Monday, 20 February 12
COAL BOOM AND ENVIRONMENTAL CONCERN - SUNIL K KUMBHAT
 COALspot.com - The dawn of the 21st century has seen a shift in the world's commercial balance of power, with the dominance of the US, Europe and Japan challenged by the rapid industrialisation of hungry new economies. The rise of the so-called BRIIC nations - Brazil, Russia, India ,Indonesia and China - is giving birth to new global financial centres, vibrant industrial markets and above all surging demand for raw materials to supply new projects.
But where does environmental responsibility fit into this drive for resources?
Growing demand for thermal Coal has created a new coal boom, which is great news for Coal producing countries such as Indonesia, Australia , south Africa . The demand of coal is growing at a massive rate in Asia particularly India and China. Both the coal hungry countries are making efforts to secure supplies by acquiring Coal mines or forming Joint ventures for their new power generating plants.
The demand is fuelling the world prices of coal, although prices are still not as high as witnessed in 2008 when everything peaked before the global financial crisis but there all indications that by 2012/2013 coal prises will reach to record high.
The India and China are becoming the mainstay of the market . Both the countries are having huge Coal reserves ,but still they are importing huge qty of coal to meet there increased demand and as such they are effectively driving the world Coal market and its prices. India’s demand for coal is expected to grow at a faster rate than any other country in the world.
India's rich untapped mineral resources of more than 20 mineral types - including gold, copper, coal and bauxite but the fact that many of these resources are located in rural, heavily forested areas with predominantly tribal populations has raised concerns over the environmental impact of mining operations.
The country has a long history of environmental damage caused by both domestic and international mining companies, as well as the ecological problems from hundreds of abandoned mines in areas like Bihar's Jharia and Rhaniganj coal fields. Like China, India has been plagued by the environmental problems associated with illegal and unlicensed mining operations, which the country's Directorate General of Mines Safety has been ill-equipped to deal with due to funding deficiencies.
Similarly China has come under fire from human rights activists and environmental groups alike for its arguably lax approach to both worker safety (the country has become the mining disaster capital of the world in recent years) and environmental accountability. The Chinese Government's approach to corporate and environmental responsibility has been characterised by outside observers as simply paying lip service to the environment - hinting that ISO guidelines for mining would be welcomed - without implementing practical measures to promote change.
The environmental impact of mining operations in Brazil is also under sharper scrutiny than many other countries, primarily because its borders contain the lion's share of the Amazon rainforest, a haven for biodiversity and one of the most important eco-systems in the world.
As such, environmental awareness is particularly strong in the Brazilian mining industry. Experts from the Brazilian Association of Technical Standards are playing a leadership role in the further development of the recently introduced ISO 26000 international standard on social responsibility. Furthermore, licensing for new mining projects is often legally conditional on the drafting of comprehensive environmental impact studies, reports and extensive public consultations, particularly in areas inhabited by tribal groups.
Although carrying out mining operations in a region like the Amazon will be controversial, the environmental commitment seen here and echoed by many other Brazilian mining companies (including industry giant Vale, which has a complex environmental quality management system based on ISO 14001 standards) provides a useful model of awareness for other BRIC nations, and the global mining industry in general, to follow.
India is emerging as a fast economy, targeting 9-10% annual growth. Realizing the underlying growth potential will largely depend on it's ability to meet energy requirements. Energy sector whose growth targets inter alia depend on coal. At a 9% growth rate, the capacity requirement will be 960Gw and energy requirement will be 4,806 billion kWh. In the light of these projections, coal demand is estimated to rise many fold. Main concentration of Indian companies remains in Indonesia as many new mines are opened for exploration , exploitation and production .Today Indonesia is one of the most rapidly developing coal producing country in the world.
For a strong economy, one needs strong infrastructure and power plants. For strong infrastructure and power plants , one needs steel. Steel is the backbone of an economy, and it is metallurgical coal and thermal coal that is used to produce steel and electricity.
An increase in Coal production is the opposite of what the global climate change forums have wanted to see because coal without any doubt is one of the dirtiest and filthiest fossil fuel in terms of CO2 and when it comes to harmful emissions that most environmentalists and energy economists agree causes global warming.
Coal consumption is going in a direction that policy makers would prefer it not to go.
Critical question is whether there is a willingness amongst coal producers and power generating plants to make their technology cleaner, so it emits less greenhouse gases(GHG) which leads to global warming .Energy scientists have long been voicing concern on the rise in the level of Greenhouse gases, which leads to Global warming and climatic changes that are detrimental to economies worldwide.
The disastrous consequences for global climate change is one topic that has now taken very serious dimension but hardly been realised in a serious enough way by the nations across the world.
The new thermal plants being built are certainly more efficient than older ones. There exist technology to have emission-free power plants - the only constraint is the cost. The cost of clean coal technology is very high, yet when we look at the alternatives to coal, they are even higher than that - for example, nuclear, solar, wind. The real costs of all these alternatives are still to be determined, but there is no doubt that clean coal technologies can double the cost of coal in generating energy.
None of the alternatives appears to be commercially viable right now for required generation of energy without considering subsidies and tax incentives . If any country accepts sustainable growth and development as the way forward, it subsumes the climate change issues.
At the same time, no country can ignore the inherent contradiction in the expression ‘sustainable growth’.
Growth essentially involves exploiting natural resources for human benefit and countries have to strike a delicate balance between environmental sustainability and economic growth. It is easier said than done.
As the climate issue impinges on everyone, wisdom demands that nations sink their petty differences in approach and strategy to stem the danger from spreading further and squeezing the survival prospects of one and all.
Principally, the efforts boil down to reduction of greenhouse gas (GHG) emission, caused primarily by accelerated economic development through exploitation of fossil fuels rich in carbon dioxide.
Every action does not need to be official or based on protocols. In any case, every country need to adopt new methods and ways of doing things in optimising the use of exhaustible resources, energy and water. Corporations / Institutions must carry out energy analysis and incorporate environmental accounting practices to reduce green house gas emission levels at their facilities. The government, in turn, could enforce a form of taxation based on companies’ contribution to climate change.
Climate change is today's biggest problem, threatening mankind with extinction. The problem, largely of man's own doing, must be treated as an emergency by all.
The president of Indonesia issued a Presidential decree instructing all central and regional authorities to support the moratorium by suspending the granting of permits for the use of “primary natural forests” for two years. This Presidential decree is part of Indonesia’s efforts to comply with the bilateral agreement between Indonesia and Norway on forest conservation.
Various governments worldwide are beginning to put regulations in place and to encourage development of more sustainable sources of power generation in order to protect populations worldwide from the immediate detrimental effects on life and health, and to protect the environment for future generation.
By : Sunil K Kumbhat , Jodhpur( Rajasthan ) India
Views expressed herein are personal views of the author and not that of COALspot.com.
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Tuesday, 31 January 12
THERE ARE MANY GOOD REASONS FOR COAL IN GERMANY - DR CIESLIK
COALspot.com - "The year 2011 was again marked by many changes on the markets and energy policies, at times in line with expectations, but at o ...
Tuesday, 31 January 12
DRY BULK MARKET KEEPS FALLING FOR WORST MONTH IN YEARS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market didn't manage to put a halt in its downfall, with the industry's benchmark, the BDI (Baltic Dry Index), posting yet another fa ...
Monday, 30 January 12
CHINA'S HUNGER FOR COAL LEAVES DENT IN PENNSYLVANIA'S SUPPLY - THOMAS LESKIN
With the price of heating oil on the rise, one of Pennsylvania's greatest natural resources - coal - is in high demand, and not just locally.
Et ...
Saturday, 28 January 12
WILL FREIGHT MARKET STABILIZE FROM NEXT WEEK?
COALspot.com - The markets continued to soften with BDI at 663 points down by 15.78 pct closing at 726 points and cape index was down by 5.73 pct cl ...
Friday, 27 January 12
DEMOLITION ACTIVITY NEEDS TO INCREASE SIGNIFICANTLY THIS YEAR AS WELL - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The oversupply of vessels in most shipping sectors is so intense that it’s become clear to ship owners that unless they scrap as many of their ...
|
|
|
Showing 4866 to 4870 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- European Bulk Services B.V. - Netherlands
- Ambuja Cements Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kumho Petrochemical, South Korea
- SMG Consultants - Indonesia
- Power Finance Corporation Ltd., India
- Global Coal Blending Company Limited - Australia
- Uttam Galva Steels Limited - India
- Bharathi Cement Corporation - India
- Jaiprakash Power Ventures ltd
- Directorate Of Revenue Intelligence - India
- Toyota Tsusho Corporation, Japan
- Bayan Resources Tbk. - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Kideco Jaya Agung - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Bhoruka Overseas - Indonesia
- Wood Mackenzie - Singapore
- Samtan Co., Ltd - South Korea
- AsiaOL BioFuels Corp., Philippines
- Kapuas Tunggal Persada - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Larsen & Toubro Limited - India
- Central Java Power - Indonesia
- LBH Netherlands Bv - Netherlands
- Romanian Commodities Exchange
- Orica Mining Services - Indonesia
- Indian Energy Exchange, India
- Simpson Spence & Young - Indonesia
- Lanco Infratech Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Aboitiz Power Corporation - Philippines
- GAC Shipping (India) Pvt Ltd
- PNOC Exploration Corporation - Philippines
- Directorate General of MIneral and Coal - Indonesia
- Ceylon Electricity Board - Sri Lanka
- The University of Queensland
- Port Waratah Coal Services - Australia
- Malabar Cements Ltd - India
- London Commodity Brokers - England
- Sree Jayajothi Cements Limited - India
- Sarangani Energy Corporation, Philippines
- Georgia Ports Authority, United States
- Central Electricity Authority - India
- Wilmar Investment Holdings
- TeaM Sual Corporation - Philippines
- Africa Commodities Group - South Africa
- Sical Logistics Limited - India
- Indogreen Group - Indonesia
- Latin American Coal - Colombia
- Binh Thuan Hamico - Vietnam
- Dalmia Cement Bharat India
- The State Trading Corporation of India Ltd
- Grasim Industreis Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Mercator Lines Limited - India
- Riau Bara Harum - Indonesia
- Electricity Authority, New Zealand
- Jindal Steel & Power Ltd - India
- Mercuria Energy - Indonesia
- Attock Cement Pakistan Limited
- Sindya Power Generating Company Private Ltd
- Bulk Trading Sa - Switzerland
- Leighton Contractors Pty Ltd - Australia
- Globalindo Alam Lestari - Indonesia
- Semirara Mining Corp, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Chettinad Cement Corporation Ltd - India
- Parliament of New Zealand
- CIMB Investment Bank - Malaysia
- Siam City Cement - Thailand
- PetroVietnam Power Coal Import and Supply Company
- Kohat Cement Company Ltd. - Pakistan
- Ministry of Mines - Canada
- Medco Energi Mining Internasional
- OPG Power Generation Pvt Ltd - India
- Mintek Dendrill Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Economic Council, Georgia
- Commonwealth Bank - Australia
- Kobexindo Tractors - Indoneisa
- Essar Steel Hazira Ltd - India
- McConnell Dowell - Australia
- Pendopo Energi Batubara - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Indonesian Coal Mining Association
- Madhucon Powers Ltd - India
- Heidelberg Cement - Germany
- India Bulls Power Limited - India
- Bhushan Steel Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Straits Asia Resources Limited - Singapore
- Singapore Mercantile Exchange
- Rashtriya Ispat Nigam Limited - India
- Kepco SPC Power Corporation, Philippines
- Anglo American - United Kingdom
- Neyveli Lignite Corporation Ltd, - India
- Price Waterhouse Coopers - Russia
- Energy Development Corp, Philippines
- Ind-Barath Power Infra Limited - India
- Deloitte Consulting - India
- Gujarat Electricity Regulatory Commission - India
- GVK Power & Infra Limited - India
- Goldman Sachs - Singapore
- Eastern Energy - Thailand
- South Luzon Thermal Energy Corporation
- Antam Resourcindo - Indonesia
- Indo Tambangraya Megah - Indonesia
- Coal and Oil Company - UAE
- Energy Link Ltd, New Zealand
- Bangladesh Power Developement Board
- Bukit Makmur.PT - Indonesia
- Maheswari Brothers Coal Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Petron Corporation, Philippines
- IEA Clean Coal Centre - UK
- Vizag Seaport Private Limited - India
- Kaltim Prima Coal - Indonesia
- Makarim & Taira - Indonesia
- SMC Global Power, Philippines
- Videocon Industries ltd - India
- Kartika Selabumi Mining - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Baramulti Group, Indonesia
- CNBM International Corporation - China
- Savvy Resources Ltd - HongKong
- Iligan Light & Power Inc, Philippines
- Sojitz Corporation - Japan
- Coalindo Energy - Indonesia
- GMR Energy Limited - India
- Thai Mozambique Logistica
- Ministry of Finance - Indonesia
- San Jose City I Power Corp, Philippines
- Tamil Nadu electricity Board
- Coastal Gujarat Power Limited - India
- Minerals Council of Australia
- Bhatia International Limited - India
- Banpu Public Company Limited - Thailand
- Krishnapatnam Port Company Ltd. - India
- Ministry of Transport, Egypt
- VISA Power Limited - India
- SN Aboitiz Power Inc, Philippines
- Meenaskhi Energy Private Limited - India
- Salva Resources Pvt Ltd - India
- Altura Mining Limited, Indonesia
- IHS Mccloskey Coal Group - USA
- PowerSource Philippines DevCo
- Merrill Lynch Commodities Europe
- Xindia Steels Limited - India
- ICICI Bank Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- International Coal Ventures Pvt Ltd - India
- Trasteel International SA, Italy
- Mjunction Services Limited - India
- Thiess Contractors Indonesia
- Vedanta Resources Plc - India
- Intertek Mineral Services - Indonesia
- Sakthi Sugars Limited - India
- Carbofer General Trading SA - India
- Independent Power Producers Association of India
- Parry Sugars Refinery, India
- Alfred C Toepfer International GmbH - Germany
- Cement Manufacturers Association - India
- Aditya Birla Group - India
- Planning Commission, India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Interocean Group of Companies - India
- Timah Investasi Mineral - Indoneisa
- Posco Energy - South Korea
- Barasentosa Lestari - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Gujarat Sidhee Cement - India
- The Treasury - Australian Government
- Indika Energy - Indonesia
- Formosa Plastics Group - Taiwan
- MS Steel International - UAE
- Karbindo Abesyapradhi - Indoneisa
- Indian Oil Corporation Limited
- Siam City Cement PLC, Thailand
- Karaikal Port Pvt Ltd - India
- PTC India Limited - India
- Tata Chemicals Ltd - India
- Star Paper Mills Limited - India
- Renaissance Capital - South Africa
- Eastern Coal Council - USA
- Electricity Generating Authority of Thailand
- Marubeni Corporation - India
- Meralco Power Generation, Philippines
- ASAPP Information Group - India
- Cigading International Bulk Terminal - Indonesia
- Australian Commodity Traders Exchange
- New Zealand Coal & Carbon
- Kalimantan Lumbung Energi - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Rio Tinto Coal - Australia
- Edison Trading Spa - Italy
- Chamber of Mines of South Africa
- Billiton Holdings Pty Ltd - Australia
- White Energy Company Limited
- Global Green Power PLC Corporation, Philippines
- Standard Chartered Bank - UAE
- Gujarat Mineral Development Corp Ltd - India
- Metalloyd Limited - United Kingdom
- Holcim Trading Pte Ltd - Singapore
- Agrawal Coal Company - India
- Sinarmas Energy and Mining - Indonesia
- Manunggal Multi Energi - Indonesia
- Bukit Baiduri Energy - Indonesia
- Borneo Indobara - Indonesia
- Oldendorff Carriers - Singapore
- Therma Luzon, Inc, Philippines
- Australian Coal Association
- Global Business Power Corporation, Philippines
- Orica Australia Pty. Ltd.
|
| |
| |
|
