Coal Industry News
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Next Administration Could Mean New Safety Regulations For Coal Mines
The transition from a Trump administration that dismantled regulations across the federal government to a Biden administration that has signaled a greater emphasis on occupational safety and the environment may finally mean new action on a toxic…
Insurers Might Be Shunning Coal, But They Still Like Fossil Fuels
Even as more insurers across the globe back away from coal, many in the U.S. continue to encourage fossil fuel pollution by underwriting the risk involved in oil and gas exploration and production. At least 65 insurers representing $12 trillion…
China Coking Coal Surges as Covid Throttles Mongolia Border
Truck traffic has slumped amid efforts to curb virus cases Slowdown comes after China restricted imports from Australia Coking coal prices in China have soared to a four-year high after a new Covid-19 outbreak slowed border crossings from Mongolia.
Coal miner Peabody to pause Helensburgh's Metropolitan Mine for weeks due to 'challenging' market
The mining giant Peabody has announced it will temporarily close its Metropolitan Mine at Helensburgh on the NSW Illawarra Coast for eight weeks starting on January 4, due to what it says are 'challenging market conditions'. The company says there…
While coal premiums soar, insurance groups still supports oil and gas
Insurance companies have accelerated their withdrawal from coal this year, making it costlier to secure insurance for new projects. However, the insurance industry is still underwriting oil and gas companies, according to new research. Momentum is…
Hydrogen Is a Trillion Dollar Bet on the Future
Gray hydrogen uses fossil fuels and produces carbon dioxide as a byproduct Blue hydrogen captures and stores most of the carbon dioxide output Gray hydrogen uses fossil fuels and produces carbon dioxide as a byproduct Blue hydrogen captures and…
Coal, oil and gas production to blow climate targets despite pandemic dip, report warns
While some governments have promised a green recovery to the coronavirus pandemic, fossil fuel producing nations are planning to increase output of coal, oil and gas to levels inconsistent with commitments to limit global heating. That is the…
Time Mag's Great Reset issue: How COVID lockdowns 'murdered' Polish coal mining & forced it to accept its own demise & the EU's Green New Deal
Time Mag Great Reset issue: 'At first, Poland rejected the plan's ambitions. President Andrzej Duda had promised to save the coal industry and its jobs—part of a controversial populist appeal to national identity and heritage. “As…
Fossil fuel production far exceeds climate targets, U.N. says
LONDONLONDON (Reuters) - The world's governments plan to produce more than double the amount of coal, oil and gas in 2030 than would be consistent with curbing global warming, the United Nations and research groups said on Wednesday in the latest…
Cricket must make bold climate choices in post-Covid world
Last Sunday, Steve Smith fidgeted to his second successive 62-ball century against India. The night before, Sydney broiled in its warmest November night (25.4 degrees at 1am), while Smithville recorded New South Wales's hottest November temperature…
Coal and gas sector contracts as rest of economy bounces back from Covid-19
The Australian economy has started its recovery from the impacts of the Covid-19 pandemic, recording economic growth of 3.3 per cent in latest quarterly figures published by the Australian Bureau of Statistics, but this due to any form of a…
Australia is out of recession. Now it needs to avoid a trade war with China
Hong Kong/Sydney(CNN Business) Australia's economy is growing again after the coronavirus pandemic pushed it into its first recession in three decades. Now the country has to keep its precarious recovery on track while juggling a worsening…
Germany's first coal plant phase-out auction a success, with 4.8GW to close
The first auction for the decommissioning of hard coal plants in Germany has been hailed as a success both by coal plant operators and climate activists, as it ensures that plants with a capacity of almost 5 gigawatts will be off the market by the…
Most countries are choosing fossil fuels over clean energy, report says
(CNN) Governments of the world are at a 'critical juncture' for shaping the climate's future but are on course to produce too many fossil fuels in the decade ahead, a new report has found. To limit global warming to 1.5 degrees Celsius (2.7 degrees…
China Default Fears Curb Year-End Sales of New Dollar Bonds
China Inc. dollar bond sales hit a seven-month low in November Small window for firms to sell debt before holidays: Barclays Demand for Chinese debt is falling amid investor concern over a string of defaults by state firms and the pressure of U.S.
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