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Tag Archives: coal
Energy switch: Is renewable electricity now driving coal prices?
It’s official: more money was invested in renewables and more generation capacity added in 2015 than ever before. Conventional wisdom has always been that low fossil fuel prices would make renewables uncompetitive even as the cost of renewable energy continues to drop. … Continue reading
As Coal Industry Teeters, Obama Halts Coal Leasing
The Obama administration, in the first major review of the country’s coal program in three decades, on Friday ordered a pause on issuing coal-mining leases on federal land as part of new executive actions to fight climate change…“We have an … Continue reading
One Of The Largest Coal Companies In The United States Just Filed For Bankruptcy
…second-largest coal company in the United States is unable to pay its debts and provide any return at all to its shareholders….Wyoming has allowed Arch Coal to self-bond to cover its reclamation requirements, meaning that if the company is not financially healthy … Continue reading
Australia risking ‘systemic economic crisis’ in decarbonising world: study
BZE Report ‘Carbon Crisis’ – key points: 1. Projections of Australia’s energy production expect our footprint to grow from 3% to 16% of the global carbon budget by 2050. 2. Global economic risks cannot be controlled by domestic actions and … Continue reading
Abbott Announces New Rebate Scheme For Rooftop Coal-Fired Power Stations
Abbott punches above his “wait”, nothing but delay, we can be certain about, leading us backwards, downwards, dirty and brown.. ….when we need to go onwards, upwards, clean and green. >more> TheShovel
Solar undercuts coal in India, as another bank quits Adani mega-mine
…nails hammered into coffin for Australian coal mining export plans of Indian conglomerate, Adani Group…news on Monday night that Standard Chartered – one of the largest investment banks in UK – latest international financier to withdraw support for largest new … Continue reading
With coal going begging, it’s time to stop digging
Instead of splashing billions of dollars building their coal mines from scratch, instead of enticing governments with fees and illusion of jobs, instead of battling bitter local communities and tearing up farmland, you have to wonder whether Shenhua and Adani have … Continue reading
Great pretenders in Qld coal industry
99 per cent of Queenslanders don’t work in coal industry. 96 per cent of Queensland government revenue doesn’t come from coal royalties. 93 per cent of Queensland’s gross state product not from coal production; regardless leaders regularly exaggerate role of … Continue reading
Brand new German coal plant worth just 1 Euro
The new hard coal plant going up in Hamm, Germany, is apparently worthless and may never go into operation. In mid-July, German media reported (in German) that 23 municipal utilities wanted to sell their stakes in Hamm D and E, … Continue reading
One year on from the carbon price, Australia’s emissions rebound is clear
Analysis, using detailed NEM operational data from the Australian Energy Market Operator (AEMO) finds emissions intensity, which was increasing until shortly before June 2012, fell continuously (see graph below) for most of the two years to June 2014. Since then, … Continue reading
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