Engineering & Mining Journal

APR 2013

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NEWS-THIS MONTH IN COAL the report. "In 2013, the IEA should reeducate OECD leaders on this aspect of world energy. Such an initiative would be contributing to a greater understanding of crucial energy on the part of policymakers and the public they serve." "Going forward, we will need all forms of energy to meet growing global demand," said Boyce, who had served as CIAB deputy chairman since 2010. The report was prepared by the Electric Power Research Institute, with Advanced Resources International Inc., CONSOL Energy and Peabody Energy. It can be found at www.iea.org/publications/insights/. Brazil's Vale Lifts Force Majeure in Mozambique Officials at Vale have lifted force majeure on several coal sales contracts in Mozambique following disruption by severe rainfall. Force majeure was first declared in mid-February after heavy rainfall began early that month in Tete, "creating serious challenges" to the Linha do Sena railway, the Brazilian company said in a news release, affecting some 500,000 metric tons of metallurgical coal. Peabody Energy, WCA Call Bloomberg Out Peabody Energy and the World Coal Association (WCA) have presented an open letter to New York City Mayor and anti-coal activist Michael Bloomberg through an ad in The New York Times "outlining unmatched growth and benefits of coal." Bloomberg has asserted that coal "is a dead man walking" after investing millions in natural gas development. "On the Contrary Mayor Bloomberg," the ad reads, "Coal is the World's Fastest Growing Major Fuel," with letters superimposed on the nighttime view of a major metropolitan skyline. "In addition to replacing oil as the world's largest energy source as early as this year," the full-page ad continued, "coal fuels more than 40% of U.S. electricity—that's a heavy load that all the windmills and solar panels in the U.S. don't begin to support, given their limited scale and high cost." Moreover, residents in states like New York spend 77% more on electricity than coal-reliant states, the message continued, citing statistics by the U.S. Energy Information Administration—while key coal emissions have been reduced by 80%. 44 E&MJ; • APRIL 2013 Peabody Energy and the World Coal Association recently ran an open letter to NYC Mayor Michael Bloomberg in The New York Times. During a time of intense global energy insecurity, affecting things like economic development and food supplies around the world, coal is an essential source of power, the ad noted; moreover, more than 50% of the world's 6 billion people lack reliable access to energy while energy poverty itself is responsible for 1.5 million annual deaths. "Let's put people first Mayor Bloomberg and bring more light to the reality that the world needs all energy forms," the advertisement concluded. "On behalf of the billions of people in the world who benefit from coal-fueled electricity, we invite you to learn more about clean coal solutions that fuel growing global energy demands and the world's fastest-growing economies." www.e-mj.com

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