coal

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11 10 2021 | 14:11

Asia Development Bank plans funds for early coal power plant closures

The Asian Development Bank plans to create funds, possibly next year, to facilitate early closures of coal-fired power plants in Southeast Asia. The new funds will buy such plants and take an active…

11 10 2021 | 14:10

China power cuts: Coal miners ordered to boost output, say reports.

Beijing has reportedly ordered China's coal mines to boost output as an energy shortage across the country has seen millions of homes and businesses hit by power cuts in recent weeks. Three major…

11 10 2021 | 12:34

World’s top mining companies pledge net zero emissions by 2050

The world’s top miners on Tuesday committed to a goal of net zero direct and indirect carbon emissions by 2050 or sooner, the International Council on Mining and Metals (ICMM) said. “ICMM members’…

04 10 2021 | 12:54

Cumbria coalmine would hit global decarbonisation efforts, inquiry hears

UK ‘would be seen as worst hypocrite imaginable’ if plans for deep mine are approved, say environmentalists. Approving a new deep coalmine in Cumbria would stifle international efforts to…

01 10 2021 | 12:44

CLP Holdings promises to exit coal from Asian operations by 2040

Power plant operator CLP Holdings pledged on Thursday to phase coal out of its Asian operations by 2040, accelerating its previous commitment by a decade. The Hong Kong-based group also said it aims…

01 10 2021 | 12:44

On expert advice, South Africa cuts its 2030 emissions cap by a third

Africa’s biggest polluter has significantly strengthened its climate targets, in light of the latest science and falling renewable energy costs. Coal-reliant South Africa’s has cut its emission cap…

01 10 2021 | 12:32

Seven countries sign on to UN plan to “consign coal to history”

Seven countries have signed a pledge initiated by the United Nations to stop building new coal power plants, with the aim to gather more signatures before the global climate summit COP26 in Glasgow…

01 10 2021 | 12:15

China will no longer build overseas coal power plants – what energy projects will it invest in instead?

Chinese President Xi Jinping recently announced at the UN General Assembly that China “will not build new coal-fired power projects abroad”.

01 10 2021 | 12:06

Premier: Greece could shutter coal-fired plants as early as 2025

Greece is moving faster than expected to phase out coal-fired power plants, as the government of Kyriakos Mitsotakis steps up efforts to tackle the effects of the global climate crisis.  “We said we…

24 09 2021 | 15:23

China foreign coal financing halt could scratch $50 billion investment

China’s pledge to stop building coal-fired power plants overseas could cull $50 billion of investment as it slashes future carbon emissions, analysts said, although Beijing’s own domestic coal…

24 09 2021 | 14:08

South Africa plan for 1.5 gigawatts of coal faces legal challenge

South Africa’s energy regulator and energy department have are facing a demand from some of the country’s leading environmental groups to halt plans to allow the construction of new coal-fired power…

22 09 2021 | 11:20

Australia: There’s a better way to manage coal closures than paying to delay them

Energy Ministers and the energy industry should reject the ESB capacity mechanism proposal 21 September 2021 (IEEFA Australia): The Energy Security Board’s (ESB) proposal for consumers to pay…

22 09 2021 | 11:17

Canada: Teck’s possible met coal exit an ominous sign for U.S. coal companies

Overseas demand, high prices and climate issues give Teck cover for met coal exit. Teck Resources, the Canada-based copper, zinc and coal mining company that is one of the biggest exporters of…

19 09 2021 | 10:16

New Coal Projects Declined by 76% Since Paris Agreement

Scientists have warned that coal burning needs to be phased out by 2050 in order to limit global warming to 1.5 degrees Celsius above pre-industrial levels and avoid the worst impacts of the climate…

16 09 2021 | 13:13

Major Australian pension fund manager announces coal pullout

Australia’s IFM Investors will end its exposure to thermal coal by 2030 due to climate change risks, the A$170 billion ($126 billion) investment manager said on Tuesday, as it works to have net zero…

16 09 2021 | 12:47

Coal from planned Cumbria mine may go outside UK and EU, inquiry told

Opponents say document contradicts company’s claim it will principally supply industries closer to home. The coal extracted from the planned Cumbrian mine may go further overseas, rather than be…

13 09 2021 | 16:24

Study: Balkans coal-fired plants responsible for thousands of deaths.

Pollution from coal-fired power stations on the European Union’s southeastern border are estimated to have caused thousands of deaths in the region due to breaches of legally-binding limits on…

03 09 2021 | 14:50

Activists fear San Miguel coal exit simply part of pivot to natural gas

San Miguel Corp (SMC), through its energy arm SMC Global Power Holdings Corp, dropped more coal projects from its portfolio, after announcing last month that it was removing the fossil fuel from its…

03 09 2021 | 14:46

China provinces plan to add 100 gigawatts of coal-fired capacity

China’s provinces are still planning to launch more than 100 gigawatts (GW) of new coal-fired power capacity despite a decline in new approvals in the first half of 2021, environmental group…

03 09 2021 | 02:56

One-third of 2020 U.S. coal production went to plants slated for closure

U.S. thermal coal producers watched their domestic customer base shrink in 2020 as utilities continued to announce coal-fired power plant closures and transition to less expensive renewable and…