Economics of the International Coal Trade Why Coal Continues to Powe
This book is the 2nd edition of the Economics of the International Coal Trade. Coal is the single most important source of power on our planet and today accounts for 40% of electricity generation and 30% of primary energy. The world’s appetite for e
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Economics of the International Coal Trade Why Coal Continues to Power the World Second Edition
Economics of the International Coal Trade
Lars Schernikau
Economics of the International Coal Trade Why Coal Continues to Power the World Second Edition
123
Lars Schernikau HMS Bergbau AG Berlin Germany
ISBN 978-3-319-46555-5 DOI 10.1007/978-3-319-46557-9
ISBN 978-3-319-46557-9
(eBook)
Library of Congress Control Number: 2016952015 © Springer International Publishing AG 2010, 2016 This work is subject to copyright. All rights are reserved by the Publisher, whether the whole or part of the material is concerned, specifically the rights of translation, reprinting, reuse of illustrations, recitation, broadcasting, reproduction on microfilms or in any other physical way, and transmission or information storage and retrieval, electronic adaptation, computer software, or by similar or dissimilar methodology now known or hereafter developed. The use of general descriptive names, registered names, trademarks, service marks, etc. in this publication does not imply, even in the absence of a specific statement, that such names are exempt from the relevant protective laws and regulations and therefore free for general use. The publisher, the authors and the editors are safe to assume that the advice and information in this book are believed to be true and accurate at the date of publication. Neither the publisher nor the authors or the editors give a warranty, express or implied, with respect to the material contained herein or for any errors or omissions that may have been made. The facts and opinions expressed in this work are those of the author and not those of the publisher. Printed on acid-free paper This Springer imprint is published by Springer Nature The registered company is Springer International Publishing AG The registered company address is: Gewerbestrasse 11, 6330 Cham, Switzerland
Foreword
As the Internet of Things heralds a new age of technological innovation, cognitive business solutions, and unequaled human enhancement, Lars Schernikau brings us the second edition of “Economics of the International Coal Trade”, wherein he convincingly argues Why Coal Continues to Power the World. The underlying foundation of the next economy is, not surprisingly, man’s quest for scarce resources as “mundane” as food, water, and energy. And, herein lies the significance of this book, where we find the archetype of the most perfect and most contested form of fossil fuel energy. Coal has contributed significantly to building modern civilization. It continues to underlie the intrinsic existence of mankind in different stages from pit to port, to consumer, alleviating poverty and contributing to economic development and growth. Coal has fired micro- and macroeconomies for the past two centuries, and has become an investment vehicle providing capital investment opportunities, generating medium- to long-term returns. Coal is studied by geologists, chemists, mining professionals, financiers, supply chain participants, economists, po
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