Coal: the promise delayed (in English and Spanish)
Energy economists, viewing the universe by type of economy - First World (industrialized), Second World (centrally-planned), and Third World (less developed) - are examining the long-term return of coal and the decline of oil in the world energy diet: The First World will likely continue to cut oil consumption, while the Second and Third Worlds will be increasing it. But all three economic groupings will use more coal, to diversify the energy diet to incorporate more of this most abundant resource - if environmental hazards can be surmounted. Just as Saudi Arabia is the swing producer within OPEC, the United States is the swing producer in the world coal market. During 1980-1981, the US replaced diminished supplies of Polish coal and fed the new market created by the growing Japanese demand for steel and electricity; but during 1982-1983, Poland nearly doubled output, Japanese demand dropped, and the US was left with 14% surplus production capacity. Forecasters agree that coal's problems are likely to continue through 1983 but that 1984 should witness a marked improvement. By 1995-2000, both domestic consumption of coal and world coal trade should be booming as it assumes a larger share in the fuel mix and oil and gas relax their hold over the world's supply of energy. This issue includes the Energy Detente fuel price/tax series and the industrial fuel prices for August 1983 for countries of the Western Hemisphere.
- OSTI ID:
- 5717616
- Journal Information:
- Energy Detente; (United States), Vol. 4:16
- Country of Publication:
- United States
- Language:
- English and Spanish
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Related Subjects
29 ENERGY PLANNING
POLICY AND ECONOMY
COAL
PRICES
COAL INDUSTRY
ECONOMIC ANALYSIS
FORECASTING
NATURAL GAS
PETROLEUM PRODUCTS
DATA COMPILATION
GLOBAL ASPECTS
INDUSTRY
MARKET
PRODUCTION
TAXES
TRADE
CARBONACEOUS MATERIALS
DATA
ECONOMICS
ENERGY SOURCES
FLUIDS
FOSSIL FUELS
FUEL GAS
FUELS
GAS FUELS
GASES
INFORMATION
MATERIALS
NUMERICAL DATA
015000* - Coal
Lignite
& Peat- Economic
Industrial
& Business Aspects
294001 - Energy Planning & Policy- Coal