Coal Industry News
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Thermal coal prices soar as demand for electricity rebounds
Supply disruptions, a drought in China and rebounding electricity demand have fired up the market for thermal coal, making the world's least liked commodity one of this year's best-performing assets. Since the start of the year, the price of high…
Japan faces heat over Bangladesh's coal power
Some 4,000km from Japan, on a verdant, mangrove-lined island in south-eastern Bangladesh, sits one of the biggest and most controversial tests of Tokyo's commitment to help phase out fossil fuels. Thanks to low-interest loans from the Japan…
New tests can detect tiny but toxic particles of coal ash in soil
Scientists at Duke University have developed a suite of four new tests that can be used to detect coal ash contamination in soil with unprecedented sensitivity. The tests are specifically designed to analyze soil for the presence of fly ash…
Trump-backed coal lobbyist Mike Carey leads fundraising in 15th Congressional District
Coal lobbyist Mike Carey has raked in the most money in the crowded race for Ohio's 15th Congressional District, a feat helped by out-of-state contributions and donors in the coal and mining industries. Carey's campaign, which is backed by former…
Global electricity demand and coal use are soaring after COVID-19
Electricity use and economic growth go hand in hand. And as global electricity demand continues to rebound in the wake of the COVID-19 lockdowns, so, too, will the use of coal in developing countries. Indeed, global coal demand is expected to set a…
Indonesia plans to burn coal well into the 2050s, under updated climate plan
The Indonesian government has released an updated 2030 climate plan and long term strategy that indicate the country's reliance on coal will continue well into the 2050's. In a 156-page long term strategy document submitted to the UN, it outlines…
Climate change, a coalmine and a town that needs jobs - BBC News
There is a padlock on the door. A bill on the doormat. On the corner of King Street and Lowther Street, in the west Cumbrian town of Whitehaven, is the carcass of a high street giant. Etched into the cream coloured stone work above the first floor…
Record U.S. Coal Shipment to China Highlights Australia's Pain
Metallurgical coal prices have rallied this year on strengthening global steel demand. (Bloomberg) — China's import ban on Australian coal is proving a boon to American producers. On June 28, the Frontier Unity bulk vessel left the port of…
Transitioning from coal is the goal - how to get there is the question
WASHINGTON -- Navajo and Hopi witnesses agreed the region needs to move away from its economic dependence on coal, but specific proposals on how to get there remained elusive after a House hearing that took place in June. The tribal representatives…
China Coal Chemical Project Suspended Over Its Gluttonous Energy Appetite
A resource-rich province in Northwest China has suspended the construction of a coal chemical project billed as the largest of its kind worldwide, as the country accelerates its drive to rein in energy consumption. After over two years of…
GenOn delays closure of Cheswick Generating Station, Allegheny County's only coal-fired plant
The closure of Cheswick Generating Station — Allegheny County's only coal-fired power plant — has been postponed until spring. Houston-based GenOn Holdings LLC, which owns the plant, said in June that the plant would be permanently…
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UNESCO keeps Great Barrier Reef off 'in danger' list after Australian lobbying
CANBERRA, July 23 (Reuters) - The Great Barrier Reef will not be added to a list of World Heritage Sites that are 'in danger' after a UN panel on Friday agreed to defer a vote until 2022 amid intensive lobbying by Australia. A United Nations…
With 100 days until COP26, the Paris agreement pledges are crucial
The writer is a founding partner of Global Optimism and was the UN's climate chief from 2010-2016 Those of us concerned about the escalating climate crisis may be surprised that the world's major oil powers agreed last week to increase production…
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Indonesia to make biomass co-firing mandatory in power plants
JAKARTA, July 23 (Reuters) - Indonesia plans to make the co-firing of biomass in power stations mandatory as part of its efforts to phase out coal power plants, which account for more than 60% of its electricity supplies, an energy ministry…
What's Happening? Global Emissions Are Still Rising
After the world has spent a few trillion dollars over the last ten years trying to decarbonize, $503 billion in 2020 alone, carbon emissions are still increasing. Even as the pandemic slowed that growth for a bit during 2020-2021, emissions in…
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