'Dash for gas' that hastened miners' fate
Article Abstract:
The privatisation of the coal industry has led to 31 pits closing by the end of 1992 and the loss of 30,000 mining jobs. Electricity generation by gas-powered plants is cheaper. The National Grid Company has received plans for 25 Combined Cycle Gas Turbine (CCGT) projects, which will produce too much generating capacity. The market for coal for power generation is expected to fall from 65 million tonnes in 1992 to 40 million tonnes in 1996.
Publication Name: The Independent
Subject: Retail industry
ISSN: 0951-9467
Year: 1992
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The expanding appetite of a hungry world transforms food mountains into molehills
Article Abstract:
Worldwide grain consumption was greater than production in 1995, and this has prompted a considerable decline in European Union grain surpluses. Food surpluses across the world are shrinking as the population grows by 90 million a year. By Jun 1996, gain stocks will have fallen to 180 million tonnes, or only 47 days' consumption at current levels. This has already prompted a sharp rise in prices.
Publication Name: The Independent
Subject: Retail industry
ISSN: 0951-9467
Year: 1996
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