Coal the colorado coal industry has experienced a 33

Info iconThis preview shows page 1. Sign up to view the full content.

View Full Document Right Arrow Icon
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: nes Colorado coal exports have tumbled 43% since 2005, with increased transportation costs a key limiting factor. Nationally, power companies are also fuel-switching from coal to natural gas to offset carbon dioxide emissions. The potential closure of four coal-fired power plants in Colorado by 2017 (per recent legislation) may further reduce coal production by 2.5 million tons per year. ANNUAL COLORADO COAL PRODUCTION, 1866-2010 Short Tons 45,000,000 40,000,000 35,000,000 30,000,000 Mines 25,000,000 20,000,000 15,000,000 10,000,000 5,000,000 - 1866 1878 1890 1902 1914 1926 1938 1950 1962 1974 1986 1998 Source: Carroll, Christopher J., and Mark A. Bauer (2002). Historic Coal Mines of Colorado, Colorado Geological Survey Information, Series 64. 24 decreased to 25.2 million tons, down 11.9% from 2009. Declines are attributed to a slower market for compliance coal sales to power plants in other states, higher transportation costs, uncertainty over carbon regulations, and new legislation mandating higher-cost energy sources, such as renewable energy for electricity generation. Demand for the low-sulfur, high-heat content Colorado coal decreases each year as more power plants in the Midwest, south-central, and southeast United States develop techno...
View Full Document

Ask a homework question - tutors are online