The Global Coal Market

Mark C. Thurber is Associate Director at the Program on Energy and Sustainable Development (PESD) at Stanford University, where he studies coal, natural gas, oil, electricity and carbon markets, as well as how to deliver energy to the poorest populations around the world. He teaches on energy markets and policy at Stanford University's Graduate School of Business.

Richard K. Morse is an affiliated researcher at the Program on Energy and Sustainable Development (PESD) at Stanford University. He has published multiple articles and presented at major coal industry conferences on the operation of the global coal market, with a particular focus on China.

Part I.
Introduction:
1. The Asia-centric coal era Mark C. Thurber and Richard K. Morse;

Part II.
Case Studies of Key Coal Countries:
2. The evolution of China's coal institutions Wuyuan Peng;
3. Developing large coal-power bases in China Huaichuan Rui, Richard K. Morse and Gang He;
4. The causes and implications of India's coal production shortfall Jeremy Carl;
5. Market, investment, and policy challenges for South African coal Anton Eberhard;
6. Australia's black coal industry: past achievements and future challenges Bart Lucarelli;
7. Government as creator and destroyer: Indonesia's rapid rise and possible decline as steam coal supplier to Asia Bart Lucarelli;

Part III.
Understanding the International Coal Trade:
8. US coal to Asia: examining the role of transportation constraints in energy markets Mark C. Thurber;
9. The world's greatest coal arbitrage: China's coal import behavior Richard K. Morse and Gang He;
10. The COALMOD-World model: coal markets until 2030 Franziska Holz, Clemens Haftendorn, Roman Mendelevitch and Christian Von Hirschhausen;

Part IV.
The Potential of Technology to Reconcile Coal and Climate:
11. New technologies to the rescue? A review of three game changing coal technologies and their implications for Australia's black coal industry Bart Lucarelli;
12. The real drivers of carbon capture and storage in China Richard K. Morse, Varun Rai and Gang He;

Part V.
Conclusions and Implications:
13. Major factors affecting the production, trade, and environmental impact of coal Mark C. Thurber and Richard K. Morse;

Part VI.
Detailed Information on the Coal Value Chain in China: Appendix. A statistical review of coal supply, demand, and transport in China Kevin Jianjun Tu; Index.