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Analysis: U.S. coal companies struggle to cash in on Europe crunch
WASHINGTON, May 17 (Reuters) - U.S. coal producers are seeking to boost exports to cash in on soaring prices since Russia's invasion of Ukraine but face big headwinds including shipping bottlenecks, labor shortages, and a dismal long-term outlook…
India's coal crisis exposes poor management and forecasting
Sashank Pathak owns a photocopy shop in one of the busiest markets of Ranchi, Jharkhand's capital city. His small-scale business needs regular power to run his machines. But since the onset of the heatwave in the region, erratic power supply has…
It's now cheaper to switch from coal to renewables instead of coal to gas, report shows
According to the findings of climate analytics firm TransitionZero, it is now cheaper to switch from coal to clean energy, compared to switching from coal to gas. That's thanks to the falling cost of renewables and battery storage, coupled with the…
Existing oil, gas and coal extraction sites need to be closed down to stay within 1.5 C, findings show
Ceasing new oil, gas, and coal development is not enough—already built extraction facilities must be prematurely decommissioned—warns a new study released today in Environmental Research Letters. The study finds that, in the absence…
U.S. coal isn't counting on Europe for a comeback
The price of coal has surged since Russia's invasion of Ukraine and the sanctions the European Union has placed on Russian coal in response. Those sanctions announced last month are set to take full effect in August, creating — one would…
This CEO left coal miners penniless. Why did a West Virginia town give him a lucrative tax break to build a luxury hotel?
Milton, West Virginia, might be a small town, but it's an oversized example of how too much police spending can be both a symptom and a cause of bad public policy. Earlier this year, while reporting on a series of questionable arrests in this small…
Explained: Where coal blocks cases stand
Why has the court sought a report? The coal scam cases are under strict monitoring of the Supreme Court, which periodically seeks status reports from the CBI and ED, the two agencies probing the cases. According to SC directions, officers…
With coal stocks dipping, power outages to get worse
ISLAMABAD: Pakistan is facing a threat of low levels of coal inventory that might take 3,900 MW out of the national grid, making the situation of power outages worse. The overall shortfall of electricity in the country has reached 5,000 MW.Power…
The coal dilemma: What will net zero mean for jobs and energy affordability?
ANNOUNCER: If everybody could take their seats. Thank you. Thank you so much for coming along. STUART BONDS, INDEPENDENT CANDIDATE: We've now become one of the most important seats in the whole country. Net zero would have to be the worst policy…
Opinion | Why Do We Swallow What Big Oil and the Green Movement Tell Us?
It has long been said that the definition of insanity is doing the same thing over and over again and expecting a different result. By that definition, we're the ones detached from reality if we keep accepting what the oil industry and the green…
Stronghold Mining Posts Q1 Results Amid Scrutiny of Coal-Fired Mining
Pennsylvania-based Stronghold Digital Mining has reported first-quarter revenues of $28.7 million amid increased scrutiny on resurrecting fossil fuel plants for mining operations. Stronghold, which uses coal refuse to power bitcoin mining…
Breaking: Govt pressuring states to purchase imported coal, alleges Rajasthan CM
Live Breaking news May 18, 2022: Get latest news, breaking news, latest updates, live news, top headlines, breaking business news and top news of the hour. Updated on May 18, 2022 06:12 AM IST Welcome to hindustantimes.com live updates platform…
The 'lucky country' is facing a test. The result will affect us all
Woodburn, Australia(CNN) Ken Morrison has twice been up to his neck in water during climate disasters. The first time, in 2007, he was trapped in a pool with a towel over his head as wildfires ripped through Australia's Hunter Valley, a…
Coal scam case: Question TMC MP Abhishek Banerjee, wife in Kolkata, SC tells ED
In a relief to Trinamool Congress MP Abhishek Banerjee, the Supreme Court on Tuesday asked the Enforcement Directorate, which wants to question him and his wife in connection with a coal scam case, to do so in Kolkata and not in Delhi. A bench…
Crypto's Great Reset: How Digital Asset Investors Will Recover From The Market's $1 Trillion Meltdown
Crypto's history has been defined by five resets. The first came in 2014 when what was basically the only bitcoin exchange in the world, Mt. Gox, imploded following a nearly half-billion-dollar hack. The second, in 2016, was The DAO hack, when an…
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