Post on 30-Dec-2015
description
A Dramatic About Face:The Rush to the West Coast with
Powder River Basin Coal
Thomas Michael Power
Research Professor & Professor Emeritus
Economics Department, University of Montana
Power Consulting
Missoula, Montana
tom. power@mso.umt.edu
SE Coastal Chinese Market: 660 tonsPotential Increase in Coal Use: 98 tons
Percent of new coal consumption: 70%Percent of coal displaced: 30%
We project that a 140 million ton per year export level would lower the delivered price of coal in SE China 12.4%
Exports Will Boost Coal Consumption and GHG Emissions in China
Sensitivity of Chinese Use of Coal to the Cost of Coal
10% Cost Decrease Causes a 12% Increase in Use
The Equivalent of 14 Centralia Electric Generating Plants183 million tons of CO2
Greenhouse Gas Emissions from 98 million tons of coal per year: