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CMM Monthly News
China will be outpaced by India as top coal importerDue to falling coal prices and excess of supply, India will surpass China as the world's largest coal importer in 2015.
PA Appeals Court determines CBM belongs to coal ownerOwners of a 790-acre property in western Pennsylvania argued for ownership of the coalbed methane (CBM) gas contained in coal seams below their property, despite the fact the coal had been deeded to Consol Energy Incorporated in 1932. However, the Pennsylvania Superior Court confirmed that Consol's coal rights also include ownership of CBM gas therein.
Asia Clean Energy Forum 2015
15—19 June 2015
2015 Longwall USA Exhibition & Conference
16—18 June 2015
2015 U.S. Coal Mine Methane Conference in conjunction with 32nd International Pittsburgh Coal Conference
5—8 October 2015
Mexico provides additional detail on mitigation plans for post-2020 emission reductions
Mexico's Environment Minister, Juan José Guerra Abud, spoke about some of the policies the government is working on to meet the country's climate change mitigation goals. Included in these policies is a reduction of 25 percent, to include all leaks, venting, and burning of methane.
China readies national carbon market to fight climate change
Despite approximately 978 million Yuan, or USD$158 million, in carbon emissions trading within China's seven pilot carbon trading schemes, a noticeable dent in carbon emissions is yet to be realized. However, Chinese officials say the pilot markets are meant to serve as an experiment for what may become the world's biggest carbon offset market.
Year-on-Year Comparison of Average Monthly Prices of Gas, Electricity and Carbon Offsets (ARB):
*Henry Hub gas prices are a widely accepted national indicator of gas prices, and therefore chosen for this display.
**ARB Offset Prices shown represent all compliance offset protocols. The Mine Methane Capture protocol was not adopted until April 2014.
***Retail electricity prices displayed are for all sectors covering the entire United States.