I've just had a quick glance at the IEA's 2011 World Energy Outlook executive summary. King Coal will remain in rude health.
http://www.worldenergyoutlook.org/media/weowebsite/2011/executive_summary.pdf
The best case scenario sees 2035 coal consumption on par with 2009, worst case sees it as 65% more.
It's true that new investment/generation will be skewed to gas and renewables but as you say existing coal operations will stil be chugging away quite nicely.
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