coal

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18 05 2021 | 06:49

‘They seem to have gone coal mad’: major parties sing as one, but Upper Hunter voters are not so sure

Hotly contested NSW byelection comes amid growing doubts about the economic viability of the industry and the future of the region by Michael McGowan Photography: Isabella Moore

15 05 2021 | 12:00

Global alliance for phasing out coal not fit for purpose, says NGO

Powering Past Coal Alliance accused of failing to follow up on pledges as many countries expand use of coal. An attempt by the UK government to encourage countries and businesses around the world to…

14 05 2021 | 14:35

India: Coal-dependent power producers should prepare for climate transition risk

Coal power producers face lower credit ratings under Paris-aligned energy transition Climate change has created financial risks for business. These can be broadly categorised as physical and…

14 05 2021 | 12:07

Top Australia regulator sees no future for coal-fired generators.

Australia’s fleet of ageing coal fired generators are going broke and are likely to become less reliable in the future as operators stop maintaining them, according to the chair of the federal…

13 05 2021 | 07:16

Investing in coal power would be an expensive mistake.

The UK has enormous capacity to increase its energy supply from offshore wind. Australia too has vast potential for wind and solar power. Wherever you are on the planet, the last 12 months have been…

10 05 2021 | 10:49

Quitting coal power ‘single most important’ step in six months before Cop26, says IEA chief.

Exclusive: World must ‘drastically’ cut back on fossil fuels if serious about meeting climate goals, says Dr Fatih Birol Quitting coal-fired power is the “single most important” step the world must…

07 05 2021 | 09:43

‘Unacceptable loopholes’ could undermine UK pledge to end overseas fossil fuel funding, campaigners say

Exclusive: Government’s policy to end overseas fossil fuel projects is ‘rhetoric over substance’, says Labour The UK’s pledge to end support for fossil fuels overseas is at risk of being undermined…

04 05 2021 | 11:16

NSW planning body gives green light to Hunter Valley coalmine expansion.

In the lead-up to a byelection, residents express outrage about decision, saying, ‘It’s not an expansion, it’s a whole new pit’. A coalmine in the Upper Hunter Valley has been given approval to…

03 05 2021 | 08:11

The new economy requires mechanically-minded, hard working people. Coal communities can lead the way.

Coalfield Development's Jacob Israel Hannah (Conservation Coordinator) and Brandon Dennison (CEO), talked to us about the Appalachian region's (U.S.) transition away from coal and their bottom-up…

03 05 2021 | 07:56

Why are we still using coal?

A recent report by British think tank Ember highlights the urgent need to stop using coal for power generation if we are to have any chance of meeting the targets set out in the 

03 05 2021 | 07:24

Coal financing costs surge as investors opt for renewable energy.

Study finds returns must repay four times the payoff from clean energy investment to justify escalating risk. Coal financing costs have surged over the last decade as investors demand returns four…

29 04 2021 | 09:54

Joint venture cancels last coal project in Japan, citing regulation and finance issues

A joint venture in Japan has scrapped plans for a coal-fired power plant, leaving the country with no new construction on the horizon as companies drop the dirty fuel amid tighter emissions rules and…

29 04 2021 | 09:50

Subic coal consortium withdraws from 660-megawatt coal project.

The consortium behind Redondo Peninsula Energy Inc. pulled out of the planned 660-megawatt coal-fired facility in Zambales province. RP Energy is a joint venture among Meralco PowerGen Corp., a unit…

29 04 2021 | 09:43

Whitehaven’s Vickery coal folly.

Company’s shareholder wealth destruction is extreme and ongoing Whitehaven Coal has long set its strategic direction on the implicit assumption that the world would fail to deliver on the Paris…

29 04 2021 | 09:20

Energy giants demand billions from Dutch taxpayers for stranded coal assets.

New research undermines compensation claims for coal phaseout. Coal assets held by RWE and Uniper in the Netherlands are already economically unviable and have largely been written-down, according…

27 04 2021 | 17:15

Colorado legislature considers bill to divest state pension fund from fossil fuels

Colorado lawmakers, following lead of other major funds, seek to drop coal, oil and gas stocks A Colorado bill that would require the state’s employee retirement fund to drop investments in fossil…

27 04 2021 | 17:10

Carbon capture goals miss the mark at Boundary Dam 3 coal plant.

Carbon capture at SaskPower’s Boundary Dam 3 facility falls far short of projections. An announcement by a Canadian power company that it’s met carbon capture goals shouldn’t be taken at face value…

27 04 2021 | 17:04

PFI: Chinese banks “genuinely trying to exit coal”

The number of coal-fired power plants that still have project finance debt is greatly diminished today, whereas 15 years or so back they were all financed with non-recourse debt. Those that do have…

23 04 2021 | 14:44

Brazilian miner acquires Mozambique coal mine as part of exit strategy.

Vale SA (NYSE : VALE) has inked a deal to acquire Mitsui & Co’s stake in the Moatize metallurgical and thermal coal mine and port project in Mozambique, as the Brazilian miner works to exit the…

23 04 2021 | 14:42

South Korea pledges end to state financing of coal-fired plants

South Korea will halt state-backed financing of coal-fired power plants overseas and also plans to strengthen its emissions reduction commitment under the Paris agreement. President Moon Jae-in made…