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1.
To stop global warming at well below 2° C, the bulk of the world’s fossil fuel reserves will have to be left in the ground. Coal is the fossil fuel with the greatest proportion that cannot be used, and various advocacy groups are campaigning for a ban on the opening of new coal mines. Recently, both China and the USA implemented temporary moratoria on the approval of new coal mining leases. This article examines whether these coal mining bans reflect the emergence of a global norm to keep coal under the ground. To that end, we review recent coal mining policies in the four largest coal producers and explain them comparatively with a framework based on interests, ideas and institutions. We find that the norm of keeping coal in the ground remains essentially contested. Even in those countries that have introduced some form of a coal mining moratorium, the ban can easily be, or has already been, reversed. To the extent that the norm of keeping coal in the ground has momentum, it is primarily due to non-climate reasons: the Chinese moratorium was mostly an instance of industrial policy (aiming to protect Chinese coal companies and their workers from the overcapacity and low prices that are hitting the industry), while the USA’s lease restrictions were mainly motivated by concerns over fiscal justice. We do not find evidence of norm internalisation, which means that the emerging norm fails to gain much traction amid relevant national actors and other (large) coal producing states. If proponents of a moratorium succeed in framing the issue in non-climate terms, they should have a greater chance of building domestic political coalitions in favour of the norm.  相似文献   

2.
The development of coal mine methane (CMM) projects is subject to various kinds of risk, one of these being their highly variable methane content. In this study, a new methodology is proposed to reflect the impact of this uncertainty on a negotiated Certified Emission Reduction (CER) price, which is based on the available information. To simulate a process of price negotiation the Rubinstein-Ståhl bargaining game is utilized, where a buyer’s discount factor is unknown. It is assumed that a buyer’s willingness to accomplish price negotiations depends on the CER uncertainty. The bargaining model has been extended by introducing dependence of its three parameters on the probability of a failure to fulfil the contracted CER amount. To quantify this probability, we develop a conditional distribution given information on the point estimate of methane amount for the project under consideration, and on the distribution of available estimates from coal mines having similar characteristics. The proposed approach is applied to a particular CMM capture and utilization project in Anhui province, China. The results indicate that the uncertainty influence is significant, particularly when the credibility of a seller increases, i.e. the probability of a failure to fulfil the project decreases. The analysis can be of use to both negotiating parties at an early stage of a comprehensive CMM project planning.  相似文献   

3.
ABSTRACT

The administration of U.S. President Donald Trump has promised to stop the ongoing spiralling down of the U.S. coal industry. We discuss the origins of the decline and assess the effects of policy interventions by the Trump administration. We find that, with fierce competition from natural gas and renewables, a further decrease of coal consumption must be expected by the old and inefficient U.S. coal-fired electricity generation fleet. By contrast, we consider the overly optimistic (for coal producers) view of the U.S. Energy Information Agency, and test whether the tide for the U.S. coal industry could turn as a result of three potential support measures: (i) revoking the Clean Power Plan (CPP); (ii) facilitating access to the booming Asian market; and (iii) enhanced support for Carbon Capture, Transport and Storage (CCTS) technology. We investigate the short-term and long-term effects on U.S. coal production using a comprehensive partial equilibrium model of the world steam coal market, COALMOD-World (Holz, Haftendorn, Mendelevitch, & von Hirschhausen, 2016). We find that revoking the CPP could stop the downward trend of steam coal consumption in the U.S., but even allowing for additional exports, will not lead to a return of U.S. coal production to the levels of the 2000s, that is, over 900?Mt per year. When global steam coal use is aligned with the 2°C climate target, U.S. steam coal production drops to around 100?Mt per year by 2030 and below 50?Mt by 2050, even if CCTS is available and exports via the U.S. West Coast is possible.

Key policy insights
  • Declining U.S. coal use is primarily caused by competition from natural gas and renewables not by environmental regulation of the coal sector.

  • Without substantial policy support, U.S. coal-fired generation capacity will continue to decline rapidly.

  • Revoking the Clean Power Plan will lead to about one eighth higher U.S. coal production in the next years.

  • Carbon Capture, Transport and Storage does not prevent the rapid decline of coal use required under stringent climate policy.

  • Even in the most extreme pro-coal scenarios with additional export possibilities, U.S. coal production will not return to its pre-2010 levels.

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