coal

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26 01 2021 | 07:56

EDP shutters Sines power plant in Portugal, country to be coal-free by November.

The Sines coal plant in Portugal went offline at midnight yesterday evening (14 January), leaving the country with just one remaining coal power station in operation, which is scheduled for closure…

26 01 2021 | 07:31

BHP Group invests in startup aiming to produce steel without coking coal.

BHP Group, the world’s biggest mining company, has invested in a startup company seeking to develop less-polluting ways of making steel. While many in the mining industry have outlined how they plan…

26 01 2021 | 07:16

Florida Power & Light closes its last coal-fired power plant in the state.

Florida Power & Light’s last coal-fired plant in that state has officially closed. The formal retirement of Indiantown Cogeneration Plant came as the clock struck midnight on Dec. 31. FPL…

26 01 2021 | 07:08

Colorado’s newest coal plant, needing extensive repairs (again), was idle for a year.

Utility commission launches investigation of Comanche Unit 3 costs; seamless replacement of power adds to case for early closure Xcel Energy’s troubled Unit 3 at the Comanche Generating Station in…

20 01 2021 | 09:26

Atmospheric CO2 in 2021 will reach level 50% higher than before industrial era, says Met Office.

Grim milestone to come as humans continue to drive emissions through burning fossil fuels and deforestation Atmospheric CO2 will hit a level this year that is 50 per cent higher than before the…

20 01 2021 | 09:20

NSW coal-fired power plant chosen as site of Australia's biggest battery.

Analysts say Origin’s plan for 700MW battery at Lake Macquarie Eraring power station and Neoen’s proposal for a 500MW storage project near Lithgow will accelerate the state’s energy transition. Two…

20 01 2021 | 08:06

McKinsey: Low Cost Renewables Will Outcompete Fossil Assets By 2030.

The energy transition is accelerating. 2020 saw renewables replace fossil fuels in Europe for the first time and one of the many impacts of COVID-19 has been on energy demand. According to the latest…

15 01 2021 | 10:10

BlackRock holds $85bn in coal despite pledge to sell fossil fuel shares.

Loophole means asset manager can hold shares in firms earning less than a quarter of revenues from coal. BlackRock, the world’s largest asset manager, holds investments worth $85bn in coal companies…

11 01 2021 | 14:04

Jenrick criticised over decision not to block new Cumbria coal mine.

Environmental campaigners say failure to call in West Cumbria Mining planning application ‘jaw-dropping’ Environmental campaigners and a local MP have criticised the government’s “jaw-dropping”…

27 12 2020 | 07:37

Stop believing in fairy tales: Australia’s coal industry doesn’t employ many people or pay its fair share of tax.

The evidence to the contrary comes from the Morrison government’s own data. Just as people in the Middle Ages mistakenly believed the sun revolved around the Earth, many modern-day Australians…

27 12 2020 | 07:02

Federal resources minister insists inquiry into banks' decision to abandon thermal coal will go ahead.

Committee has delayed decision after some Liberals criticised proposal but Keith Pitt says it should ‘do its job’. The federal resources minister, Keith Pitt, has warned parliament’s joint standing…

21 12 2020 | 11:08

‘No immediate decline in sight’ for global coal-fired power demand, says IEA.

Covid pandemic has driven the largest drop in coal use since the Second World War, but consumption is likely to rise again in 2021. There is “no immediate decline in sight” for coal-fired power…

19 12 2020 | 10:59

IEA: Global electricity generation from coal will drop by largest amount on record in 2020.

Worldwide coal generation will fall 5% in 2020 to 2012 levels, marking the largest annual decrease on record, the International Energy Agency estimated in a new report. Coal use will likely bounce…

19 12 2020 | 10:56

Bluewaters coal-fired power station written off as worthless as renewables rise.

The owners of Australia's newest coal-fired power station have written down the value of the asset to zero, wiping out a $1.2 billion investment in the face of an onslaught of renewable energy. In…

19 12 2020 | 10:50

Lloyd's of London steps back from coal in first climate change policy.

LONDON (Reuters) -Lloyd’s of London is scaling back its exposure to coal and oil sands, the commercial insurance market said in its first sustainability report on Wednesday, in a reversal of its…

19 12 2020 | 10:38

Coal in retreat.

European gas pipeline companies mislead investors by underreporting CO2 Reporting loophole means midstream operators aren't following the same guidelines as upstream or downstream sellers December…

15 12 2020 | 08:16

The end of coal? Why investors aren't buying the myth of the industry's 'renaissance'.

At the world’s biggest coal export port in Newcastle, no China-bound ships are waiting or scheduled to load before Christmas Three years ago, pictures of bulk carriers queued off the coast of Mackay…

11 12 2020 | 13:23

The last days of the Empire.

Appalachian frackers report $504M in negative free cash flow despite capex slashing Tide of red ink shows little sign of ebbing any time soon for shale-focused regional gas producers December 3,…

10 12 2020 | 12:13

UN Report Finds World Leaders Fall Short of Meeting Paris Agreement Goal.

World leaders could use the coronavirus pandemic to shave 25% off their greenhouse gas emissions with green recovery packages, according to a report released today by the UN Environment Program (UNEP…

08 12 2020 | 12:09

The Danish climate minister closing down the oil industry for good.

Dan Jørgensen has agreed the world’s most ambitious climate goal with a promise to cut 70% of emissions by 2030. Denmark’s climate minister is fairly certain that the deal to close down the nation’s…