Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : The Environmentalist Thread -- Ignore unavailable to you. Want to Upgrade?

To: mistermj who wrote (21201)	4/14/2008 8:17:28 AM
From: Wharf Rat	Read Replies (2) \| Respond to of 36917

Sunday, March 25, 2007 Peak Coal The Energy Watch Group in Germany is set to release a report that concludes that the world's minable coal reserves are smaller than commonly thought and that a peak in world coal production may occur within ten to fifteen years. Report authors Werner Zittel and Jorg Schindler cite the unreliability of reserve data. Just as OPEC countries have kept their proven oil reserves artificially high, major coal producers have failed to update their data to reflect consumption. Since 1986 most nations with significant coal reserves that have made the effort to update their reserve estimates have reported significant downward revisions. Among the most extreme, Germany and Great Britain downgraded their reserves by 90%. Further complicating the picture is the fact that high quality coal--bituminous and anthracite--have been the most heavily mined. The U.S. has the world's largest reserves and is second in production, behind China. The U.S. has already passed its peak production of high quality coal. Growing production of sub-bituminous coal has kept total production growing. However, total energy content of the coal mined in the U.S. has declined since 1998. greenfuture.blogspot.com And peak exports..the more we use here,the less we sell elsewhere.