India to Overtake U.S. as World’s Biggest Coal Miner After China

coal_trainIndia is set to surpass the U.S. as the world’s biggest coal producer after China by 2020, as state-miner Coal India Ltd. ramps up output to meet demand from domestic power producers, according to BMI Research.

The South Asian nation’s share of world output will increase to 12.7 percent by 2020 from 9.8 percent in 2016, BMI said in a report Thursday. It cautioned that the country will still fall short of the government’s ambitious coal output target and domestic demand will continue to exceed production up to 2020.

India, where coal accounts for 61 percent of electricity generation capacity, is seeking to reduce imports of the fuel by boosting domestic output. India foresees coal as a dominant source of energy at least for a couple of decades, while other countries, including the U.S., are moving faster toward replacing the fuel with cleaner energy sources such as natural gas to meet tougher emissions standards.

India plans to expand coal output to 1.5 billion metric tons by 2020 from an estimated 634 million tons in the year ended March 31. China produced nearly 3.7 billion tons of coal last year, according to the country’s National Bureau of Statistics.

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    Guaranteed you don’t have the Prime Minister of India threatening to fire all the coal workers like the future President of the USA Hillary, screw America Democrats .
    8 million plus Americans out of work and how many at some minimum wage jobs ?
    When has a potential future President of the USA run on a platform of firing workers
    and shutting companies down ? Hillary doesn’t just want to fire coal workers she wants to shut down fossil fuels that employees over 200,000 people at an average hourly wage of over $40. She wants to replace them with government subsidized solar panel jobs that get paid about $20 per hour less .
    And what are those bridges and ships going to be made from? Imported Asian steel
    manufactured using their coal . You have to work at selling out your own country
    but is that really what a potential President should be doing ?


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