The US hasn't really peaked in coal production. There was a false peak in the late 90's that related in large part to the emphasis on building NG electric plants, decreasing coal demand. 2005 broke the previous coal production record, and 2006 topped the 2005 mark by another 2.5%. The demand just wasn't there until recently with the rise in NG costs.

http://www.commodities-now.com/content/market-news/market-news-200701094...

It should also be noted that in the U.S. the main reasons for downward revisions to coal reserves are 1) the clean air and water act and 2) the very low price coal had been fetching until recently. #2 has already changed stimulating greater production, and it's questionable how strong the U.S.'s resolved will be regarding #1 after oil peaks.

"As many of these reserves are of low quality, with high sulphur content and/or other drawbacks, it may be considered doubtful that they will ever be produced."

New mines are opening in Ohio for the first time in decades and several mines in Ohio have reopened after being closed for over 20 years bc/ with the higher coal prices, it is now economic to mine this coal and spend the money on special scrubbers to remove the sulfur. Certainly a lot of coal will never be economic due to the cost of and energy required for extraction, but the sulfur/ pollutant problems (save CO2) is not an insurmontable hurdle.

"it is now economic to mine this coal and spend the money on special scrubbers to remove the sulfur."

It's even easier with an inattentive CLEAN AIR ACT state/fed. admin. Sometimes, ex post facto, the special scrubbers are prompted by lawsuits from neighboring states
http://www.ct.gov/ag/cwp/view.asp?A=1778&Q=284042

The suggestion was that America had peaked in coal energy. with the more recently mined coal being of lower energy per tonne and even lower net energy tonne.

Exactly. That is the key.