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Economy highlights
January 2021 coal imports at 21.26 million t are only 0.03% lower than the Januay 2020 import level of 21.266 million t. As compared to December 2020 however, coal imports have lost some momentum and are 12.66% lower than the 24.34 million t imported in December.
Coking coal imports continue to remain strong in January with imports at 5.31 million t as compared to 3.926 million t imported in Jan 2020. However, coking coal has also lost some momentum since December 2020. Imports are down about 4.65% when compared with the 5.569 million t imported in December 2020.
PCI imports followed the same trend as coking coal, with January imports of 1.256 million t. This is approximately 20.14% higher than the 1.045 million t imported in January 2020 but lower than the 1.629 million t imported in December 2020.
Carmichael has provoked controversy in Australia with its plan to open up a new thermal coal basin at a time of growing concern over global warming, in a region that is in need of jobs.
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HOUSTON (Reuters) - In Spring, Texas, about 20 miles (32 km) north of Houston, Akilah Scott-Amos is staring down a more than $11,000 electric bill for this month, a far cry from her $34 bill at this time last year.
FILE PHOTO: An electrical substation is seen after winter weather caused electricity blackouts in Houston, Texas, U.S. February 20, 2021. REUTERS/Go Nakamura/File Photo
“What am I going to do?” Scott-Amos, 43, said. She was among the millions of Texas residents who lost power during several days of bitter cold that caused the state’s electrical grid, operated by the Electric Reliability Council of Texas, to break down. “I guess the option is, what, I’ll pay it? I just don’t feel like we should have to.”