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Elimination of West European coal subsidies: implications for coal production and coal imports
Luleå University of Technology, Department of Business Administration, Technology and Social Sciences, Social Sciences.ORCID iD: 0000-0002-7996-6136
1995 (English)In: Energy Policy, ISSN 0301-4215, E-ISSN 1873-6777, Vol. 23, no 6, p. 509-518Article in journal (Refereed) Published
Abstract [en]

Expanding volumes of international coal supply can be secured in West European harbours at US$50-60 (1993) per tonne. In 1993, Western Europe produced 160 million tonnes of coal, but the cost was far above the import price. High subsidies are needed to keep the production viable. Removal of these subsidies will force a large part of the West European coal industry to close down. A cut of the current output by 91 million tonnes in the medium run, rising to 108 million in the longer run, can be anticipated in consequence of subsidy elimination. Even though coal usage in Western Europe could conceivably decline, as existing obligations to purchase domestic coal are removed, most of the cut production is likely to be replaced by foreign coal. A very large increase in West European coal imports can therefore be anticipated after a discontinuation of the region's coal protection policies.

Place, publisher, year, edition, pages
1995. Vol. 23, no 6, p. 509-518
National Category
Economics
Research subject
Economics
Identifiers
URN: urn:nbn:se:ltu:diva-5902DOI: 10.1016/0301-4215(95)91233-3ISI: A1995RV29800007Scopus ID: 2-s2.0-0029482456Local ID: 416741b0-d170-11db-a0b9-000ea68e967bOAI: oai:DiVA.org:ltu-5902DiVA, id: diva2:978778
Note
Godkänd; 1995; 20070213 (evan)Available from: 2016-09-29 Created: 2016-09-29 Last updated: 2018-07-10Bibliographically approved

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Radetzki, Marian

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