Environment & Energy

joshcryer

(62,536 posts)

32. Then why did the Indian government take away that companies rights to mine?

Sun Jul 1, 2012, 06:44 PM

Jul 2012

Because they were not developing the mine.

I know capitalists think that other capitalists will do what's best for the market, but sometimes, well, lots of times they do what's best for their own profit.

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global coal consumption has advanced by over 50% in the past decade [View all] phantom power Jun 2012 OP

This is why rooftop solar in Germany doesn't mean anything in the big picture. GliderGuider Jun 2012 #1

That isn't true - "Cheap Coal Is Dead. Long Live Renewable Age (Part 1)" kristopher Jun 2012 #2

I'll believe it when I see it. GliderGuider Jun 2012 #3

What's the lifespan on a new coal-fired plant? NickB79 Jun 2012 #4

Renewables Make German Power Market Design Defunct, Utility Says kristopher Jun 2012 #5

That's an epic piece of greenwashing if I've ever seen it. joshcryer Jul 2012 #10

India's largest energy company drops coal and that's greenwashing? kristopher Jul 2012 #14

Largest private generating company; 2.5% of the total generating capacity muriel_volestrangler Jul 2012 #16

Do you think the economics of coal are better for the other companies? kristopher Jul 2012 #17

They may well be better for public generators muriel_volestrangler Jul 2012 #18

That information argues against your proposition kristopher Jul 2012 #19

My 'proposition' is that Tata is 2.5% of the market muriel_volestrangler Jul 2012 #20

I understood your meaning - the conclusion isn't correct. kristopher Jul 2012 #22

The shortage is because India isn't exploiting their own reserves to their maximum. joshcryer Jul 2012 #25

The shortage isn't "artificial" kristopher Jul 2012 #26

What year do you expect coal to be gone as a global energy source? XemaSab Jul 2012 #28

2150 is what Hubbert called the date for "Peak Coal" 2025 according in Energy Watch happyslug Jul 2012 #43

Then why did the Indian government take away that companies rights to mine? joshcryer Jul 2012 #32

India is not reducing their coal consumption. joshcryer Jul 2012 #24

"India grapples with coal shortages" kristopher Jul 2012 #27

India has close to 270 billion tons of coal. joshcryer Jul 2012 #33

How much of a dent do your solar panels make XemaSab Jul 2012 #12

In the meantime, I'm still sitting here waiting for more than a few token rooftop solar panels... Systematic Chaos Jul 2012 #13

Well then we better hope the US rescinds the "punitive" tariffs against Chinese PV companies. David__77 Jul 2012 #29

I must disagree OKIsItJustMe Jun 2012 #8

And those solar costs are still vastly higher is generally affordable. TheWraith Jul 2012 #15

�Germany is burning MORE coal now than before, not less.� OKIsItJustMe Jul 2012 #38

Did you know that Germany is getting rid of coal subsidies? - "Saarland coal exit" kristopher Jul 2012 #39

Yes, I had read that they were OKIsItJustMe Jul 2012 #40

And the administration is planning 6 huge coal ports pscot Jun 2012 #6

We're actually using less coal thanks to wind and efficiency. joshcryer Jul 2012 #11

We're also using less coal because our economy is in the crapper XemaSab Jul 2012 #21

That's true enough. joshcryer Jul 2012 #23

Peak coal hit the US in 1998, in terms of energy, 2002 in terms of volume happyslug Jul 2012 #44

Yeah, I'm quite familiar with that link. joshcryer Jul 2012 #45

Not sure why "advanced" is being used as a synonymn for "increased" here. eppur_se_muova Jun 2012 #7

Yep RobertEarl Jun 2012 #9

The growth comes mainly from China's increased use. David__77 Jul 2012 #30

The renewable portfolio includes a lot more than solar. kristopher Jul 2012 #31

That's good... David__77 Jul 2012 #34

India is building out its coal as well. Hundreds of new plants proposed or being built. joshcryer Jul 2012 #35

The non-OECD countries have DOUBLED their coal consumption since 2002 GliderGuider Jul 2012 #36

Non-OECD countries are the problem children of the global energy family GliderGuider Jul 2012 #37

Yikes. Look at how gas is far far outpacing renewables. joshcryer Jul 2012 #42

Coal is still extremely cheap and in non-OECD states a coal plant can be built quick. joshcryer Jul 2012 #41