With Coal In Decline, The U.S. Could Also Get Cut Out Of The Global Natural Gas Market. China And India May Be Key

Brasil Notícia Notícia

With Coal In Decline, The U.S. Could Also Get Cut Out Of The Global Natural Gas Market. China And India May Be Key
Brasil Últimas Notícias,Brasil Manchetes
  • 📰 Forbes
  • ⏱ Reading Time:
  • 35 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 53%

Coal is down. Natural gas is up. But the current tariff battle between the United States and China could have long-term implications — on both natural gas and coal exports.

FILE - In this Nov. 4, 2015 file photo, a Chinese flag moves in the breeze as a loader moves coal ata coal mine near Ordos in northern China's Inner Mongolia Autonomous Region. Chinese authorities have commandeered supplies of natural gas to heat homes, disrupting supplies to industry, after efforts to clear smog-choked air by banning coal use led to energy shortages in frigid weather in December 2017. The prognosis for the U.S. coal sector may not be positive.

The International Energy Agency is predicting a 3% decline in coal consumption going forward. In fact, China’s ownreported that it will close about 8,600 megawatts of coal capacity by year-end, which is equal to about 1% of its energy mix. Coal makes up about 59% of China’s electricity portfolio, a bit less than in previous years. And that China’s coal use will fall to 35% in 2040, although it will remain the world’s biggest coal user at that time.

“Natural gas production has recently grown in China,” the administration says, “largely because of increased development in low-permeability formations in the form of tight gas, shale gas, and to a lesser extent, coalbed methane.”

Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

Forbes /  🏆 394. in US

Brasil Últimas Notícias, Brasil Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

EPA plans to relax coal power plant waste rulesEPA plans to relax coal power plant waste rulesThe Environmental Protection Agency is planning Monday to relax rules regulating how power plants store waste from coal power plants and the release of water containing toxic chemicals into nearby waterways, according to a source familiar with the plans.
Consulte Mais informação »

Trump administration eases Obama-era rules on coal pollutionTrump administration eases Obama-era rules on coal pollutionTwo new proposals loosen requirements for cleaning and dumping coal ash and toxic heavy metals.
Consulte Mais informação »

Japanese Princeling’s Goal to Ditch Coal Hits a Snag: He’s Environment Minister NowJapanese Princeling’s Goal to Ditch Coal Hits a Snag: He’s Environment Minister NowShinjiro Koizumi wants to reduce Japan's dependence on coal. You would think his appointment as environment minister would have helped his cause. It hasn't.
Consulte Mais informação »

Kacey Musgraves Gifts Dan Levy Coal in New Christmas Show TrailerKacey Musgraves Gifts Dan Levy Coal in New Christmas Show TrailerOut November 29 on Amazon Prime Video, featuring Troye Sivan and Kendall Jenner.
Consulte Mais informação »

The nation’s largest private coal miner declares bankruptcyThe nation’s largest private coal miner declares bankruptcyCoal miners thought they would be better off than they were four years ago after President Trump came into office pledging to save American coal companies. But now America’s largest private coal mining company announced it is filing for bankruptcy. Former Congressman Steve Israel and West Virginia Public Broadcasting Energy and Environment Reporter Brittany Patterson join Stephanie Ruhle to break down what this means for coal workers.
Consulte Mais informação »



Render Time: 2025-03-10 19:40:46