A Dramatic About Face: The Rush to the West Coast with Powder River Basin Coal
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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. [email protected]
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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. [email protected] u. - PowerPoint PPT Presentation
Transcript of A Dramatic About Face: The Rush to the West Coast with Powder River Basin Coal
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. [email protected]
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:
