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Economics and coal resource appraisal: strippable coal in the Illinois Basin ( USA).

Southern Economic Journal

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Abstract

Because coal is expected to provide an increasing part of U.S. energy supply, it is crucial for long term planning that coal-resource appraisals convey sufficient information regarding the degree of economic resource scarcity as coal consumption increases. Argues that coal-resource estimates, as they are now made, will not give warning of future supply difficulties. A method for incorporating an economic dimension into appraisals of strippable coal resources is presented and applied to a major producing region, the Illinois part of the Illinois basin? In particular, a long-run incremental cost function (that is unit costs vs. cumulative reserves extracted) is estimated for strippable coal in Illinois. -from Authors

Additional Publication Details

Publication type:
Article
Publication Subtype:
Journal Article
Title:
Economics and coal resource appraisal: strippable coal in the Illinois Basin ( USA).
Series title:
Southern Economic Journal
Volume
47
Issue:
3
Year Published:
1981
Language:
English
Larger Work Type:
Article
Larger Work Subtype:
Journal Article
Larger Work Title:
Southern Economic Journal
First page:
742
Last page:
752