Tag Archives: coal power

Solar Surge Is Making Coal Plants Unprofitable in Top Exporter

Even the world’s top coal exporter is struggling to make money from burning the fuel. — Read on http://www.bloomberg.com/news/articles/2020-07-23/solar-surge-is-making-coal-plants-unprofitable-in-top-exporter

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Debt deadline nearing for Bluewaters owner Sumitomo

One of the major owners of the newest, coal fired Bluewaters Power Station, Sumitomo, is understood to have hired restructuring firm Houlihan Lokey as a debt repayment deadline approaches for the asset, which owes $400M as financiers shy away from … Continue reading

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Australia cannot expect China to import and burn coal it no longer needs | Coal | The Guardian

We have to prepare for this shift and our policymakers need to stop misleading coalmining communities that their exports will go on forever — Read on amp.theguardian.com/commentisfree/2020/jun/11/australia-cannot-expect-china-to-import-and-burn-coal-it-no-longer-needs

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Cheap electricity is back, and the next casualty will be a coal fired generator | RenewEconomy

The recent decline in electricity prices is astonishing. And with 6GW-plus wind and solar about to enter the grid, the next big casualty will be a coal generator. — Read on reneweconomy.com.au/cheap-electricity-is-back-and-the-next-casualty-will-be-a-coal-fired-generator-72294/

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Close All Coal Fired Power Stations by 2030 by Government Report

The Retirement of coal fired power stations inquiry report, due to be tabled in the Senate on Monday afternoon, has recommended that coal fired power stations be retired and no new stations built, to make way for lower-emissions sources of power such … Continue reading

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Pollie Watch: Brandis questions climate science as reef bleaching worsens

Just a day after MP Ewen Jones put case for climate funds to finance 1.2GW coal fired power station near Townsville, Coalition Senate leader and attorney-general George Brandis revealed why the government thinks this might be a good idea….The new research on … Continue reading

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Coalition wants to build 1.2GW coal plant, using climate funds

Turnbull Coalition government has kicked off its informal re-election campaign by repeating its desire to build a massive coal fired power station in north Queensland, only this time it proposes to use climate funds to help pay for the project. In … Continue reading

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Australia’s ‘dirtiest’ power station considers ‘clean energy’ biomass burning option

with Hazelwood…little change…to burn wood….evidence… already accredited…from native forests for generation of renewable energy certificates…(and only pay $0.0588/MWh royalty for brown coal, Robber Barons)…majority-owner, GDF Suez, controlled by French company Engie…well versed in biomass technology overseas…spent 125 million euros ($184 … Continue reading

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Russian big business heavily subsidised in Australia

As Abbott demonises Russia about MH17-“…Oleg Deripaska…Russia’s richest man for 2008…wrote to Department of Climate Change in Canberra…dire warning: oligarch’s considerable investment in Australia was being threatened by plan to tackle global warming being advanced by the Rudd Government.” Thanks … Continue reading

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Cleaner energy: a revolution that ordinary people can drive

Guess what the best-selling car in Norway is right now? Review of world climate change progress by Tim Flannery which is seriously optimistic. >readmore> The Guardian

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