The 1000 GtC coal question: Are cases of vastly expanded future coal combustion still plausible?
Justin Ritchie and
Hadi Dowlatabadi
Energy Economics, 2017, vol. 65, issue C, 16-31
Abstract:
Decades ago, prospects seemed strong for significantly expanded global coal consumption. Studies of energy futures depicted the full geologic extent of coal as a virtually unlimited backstop energy supply, drawing justification from legacy ratios of reserves-to-production (R-P) on the order of several centuries. Annual consumption and market prices for hard coal have doubled since 1990, providing an opportunity to recalibrate the next century's reference case with an empirically constrained outlook for this important industrial fuel source.
Keywords: Energy economics; Climate change; Coal resources; Greenhouse gas scenarios; Coal backstop (search for similar items in EconPapers)
JEL-codes: Q35 Q40 Q41 Q43 Q47 Q54 (search for similar items in EconPapers)
Date: 2017
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (14)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:eneeco:v:65:y:2017:i:c:p:16-31
DOI: 10.1016/j.eneco.2017.04.015
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