Coal Up, Greens Down

Posted on Tue 06/27/2017 by

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By Andrew Bolt ~

Here in Australia, the Greens Party keep claiming coal is dead, just like they predicted runaway warming, permanent drought and draining dams.

The Greens said coal mining was dead:

The world is moving away from coal. A report released by the Institute for Energy Economics and Financial Analysis finds that the global market for Australian thermal coal has entered “structural decline”, with prices falling 70% since 2009.

Even BHP’s head of coal recently acknowledged that ‘there are no signs of things getting better in the immediate term’. Many mines are operating at a loss, mines are regularly shutting down and many more closures are inevitable.

Wrong. Coal is roaring ahead:

The world’s biggest coal users — China, the United States and India — have boosted coal mining in 2017, in an abrupt departure from last year’s record global decline for the heavily polluting fuel and a setback to efforts to rein in climate change emissions.

Mining data reviewed by The Associated Press show that production through May is up by at least 121 million tons, or 6 percent, for the three countries compared to the same period last year. The change is most dramatic in the U.S., where coal mining rose 19 percent in the first five months of the year, according to U.S. Department of Energy data.

Coal’s fortunes had appeared to hit a new low less than two weeks ago, when British energy company BP reported that tonnage mined worldwide fell 6.5 percent in 2016, the largest drop on record. China and the U.S. accounted for almost all the decline, while India showed a slight increase.

The reasons for this year’s turnaround include policy shifts in China, changes in U.S. energy markets and India’s continued push to provide electricity to more of its poor, industry experts said.

The Greens would support providing electricity to the poor, wouldn’t they?

Reader Mark M rounds up the latest evidence for the climate catastrophe we were warned would affect even food supplies:

South Africa: Silos ready for record maize harvest

As farmers in SA get down to harvesting a record maize crop, operators of grain storage facilities say there is enough space to accommodate the bumper haul.

New silos were being erected, while some maize had already been booked for export.

Australia: “Australian farmers’ record breaking season confirmed at $62.8 billion: ABARES

ABARES said even with the dip, the figure is still 9 per cent higher than the five-year average to 2015-16.

USA: California sets cherry record; big Washington crop rolling

Exactly where is this catastrophe the Greens keep seeing?

Andrew Bolt writes for the Herald Sun, Daily Telegraph, and The Advertiser and runs Australia’s most-read political blog. On week nights he hosts The Bolt Report on Sky News at 7pm and his Macquarie Radio show at 8pm with Steve Price.

Read more excellent articles from Andrew Bolt’s Blog . http://blogs.news.com.au/heraldsun/andrewbolt/

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