coal

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…

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…

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…

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…

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…

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,…

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…

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…

New coal power plants in China will face severe restrictions after 2026 as the country pivots to a carbon-neutral future, according to a researcher with the nation’s main grid operator.

First German coal closure auction oversubscribed as utilities look to exit uneconomic sector RWE AG was the major winner in Germany’s first tender for shutting down hard coal-fired power plants,…

Joel Fitzgibbon’s resignation from Labor’s frontbench has concentrated minds on transition in the Hunter region, but solid plans remain elusive. Sue Moore, the mayor of Singleton, was eating lunch…

Andrew Forrest’s iron ore mining giant Fortescue Metals has unveiled stunning plans to build more than 235 gigawatts (GW) of renewable capacity, mostly wind and solar, to become a supplier of green…

The biggest financier of the troubled Sh200 billion Lamu coal plant project has pulled out, casting doubts on the project’s viability. The new development was reported by local NGO Save Lamu, citing…

Global - The Save Lamu campaign has learned that the Industrial and Commercial Bank of China (ICBC) has decided not to finance the Lamu Coal Plant anymore, due to cited environmental and social risks…

Report identifies 935 firms finance industry needs to blacklist to meet Paris goals. Almost half the companies involved in the thermal coal industry are expected to defy global climate commitments…

Platte River Power Authority is moving forward with a plan to reduce its greenhouse gas emissions by at least 90% of 2005 levels by 2030, which will mean shuttering the Rawhide Unit 1 coal plant…

Japanese resources company Marubeni Corp will pull out of the Thabametsi South African coal plant project, the Japanese group told Reuters on Wednesday, following the withdrawal of some South African…

Transitioning to cleaner fuel sources, Talen Energy Corp. will stop burning coal at three of its wholly owned facilities in Pennsylvania and Maryland by the end of 2025 and develop new renewable…

The world’s largest private coal company Peabody Energy Corp. said it is in danger of its second bankruptcy filing in five years on the back of poor performance and worsening market conditions amid…

Siemens Energy, which builds steam turbines for power plants, will no longer take on new business to supply coal-fired powered stations, it said on Tuesday, making it the latest firm to scale back…