Econintersect Analysis Blog
Tag Archives: coal
by Elliott Morss, Morss Global Finance Even some skeptics agree: global warming, caused primarily by CO2 emissions, is here and will get worse. Are the energy options we have significant enough to make any meaningful difference in the destruction and … Continue reading
Written by Steven Hansen Econintersect publishes Association of American Railroads (AAR) weekly traffic reports on Thursdays, and this post provides a monthly overview showing rail movements for May 2012 compared to May 2011. Coal is screwing up analysis of rail … Continue reading
Written by Steven Hansen Econintersect publishes Association of American Railroads (AAR) weekly traffic reports on Thursdays, and this post provides a monthly overview showing rail movements for April 2012 compared to April 2011. In general, rail traffic was “less bad” … Continue reading
by Elliott Morss Introduction In a recent article, I concluded that global CO2 emissions will continue to grow rapidly in the foreseeable future. In this article, I look at who are the biggest offenders, both countries and fuels. The Countries … Continue reading
In the first part of this series, I looked lessons learned from earlier energy transitions. In Part Two, I applied those lessons to the current scene. Here, I look at investments being made in the energy industries and reach conclusions on global warming. Continue reading
In the first article in this four-part series, I asked what lessons can be drawn from history about how the world moves from one type of energy era to another. In this piece, I look at the current situation and use the historical lessons to draw conclusions on what will happen next. Continue reading
What is happening on the USA steel roadways (railroads) is a direct reflection of the state of the USA economy. April 2011 has presented a positive – but mixed and less good – picture of the traffic on the railroads. A majority of goods we buy has ridden on rails at some point.
For the year to date through April, The Association of American Railroads (AAR) reported total U.S. rail carloadings in April 2011 were up 3.8% (180,791 carloads) over the same period in 2010. Railfax, which reports on weekly cycles (not monthly) says the 4 week moving average is up YoY 3.7% using a 30 April 2011 cutoff (analysis here). The weakness of the latest data is that the March to April growth for 2011 is less than other recent years, except for 2009 when the economy was crashing into the final quarter of The Great Recession.
The Association of American Railroads (AAR) March 2011 data shows a 3.4% improvement YoY – down from the 4.2% for February 2011 YoY improvement. Railfax, which reports on weekly cycles (not monthly) says the 4 week moving average is 6.0% using a 02 April 2011 cutoff. But the Railfax number includes intermodal traffic, while the headline AAR number does not.
The economics of increasing nuclear power and reducing coal seem quite doable. Of course, added safety costs based on a post-mortem of Japan may occur. Continue reading
The Association of American Railroads (AAR) February 2011 data shows a 4.2% improvement YoY – down from the 8% January 2011 YoY improvement. Continue reading