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Economics of the International Coal Trade: The Renaissance of Steam Coal

Lars Schernikau




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 | #3649598 in eBooks |  2010-07-28 |  2010-07-28 | File type: PDF

||From the Back Cover||The world today depends on oil, coal and gas (in that order of importance) for over 80% of its primary energy. From the time humans tamed fire, wood or bio-mass became the primary energy source. Coal took over from biomass during the Industr

This book analyzes the international seaborne steam coal trade and investigates resource economics and market structures of the global coal market. It develops a model to analyze pricing structures which are based on the cost minimization principle.



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