Biden Admin, Allies Offer Billions To Stop Asian Country From Using Coal: REPORT
Biden Admin, Allies Offer Billions To Stop Asian Country From Using Coal: REPORT Jack McEvoy on December 7, 2022 The Group of Seven Wealthy Nations (G7), which includes the U.S., and the…
Exclusive-German government sees problems with coal, oil supplies -document
By Markus Wacket BERLIN (Reuters) – Germany’s government is concerned about possible problems with the coal supply for power plants in the autumn and winter due to low water levels on the…
Manchin May Be Handing EPA The Ability To Circumvent SCOTUS, Throttle The Coal Industry
Manchin May Be Handing EPA The Ability To Circumvent SCOTUS, Throttle The Coal Industry Jack McEvoy on August 1, 2022 The new reconciliation bill backed by Sen. Joe Manchin of West Virginia…
Biden’s EPA Will Use New Regulations To Bury Coal Industry
Biden’s EPA Will Use New Regulations To Bury Coal Industry Jack McEvoy on July 29, 2022 President Joe Biden’s Environmental Protection Agency (EPA) is placing new emissions regulations on coal plants to…
Manchin’s Spending Bill Shafts Coal Miners With Massive Tax Hike
Manchin’s Spending Bill Shafts Coal Miners With Massive Tax Hike Jack McEvoy on July 28, 2022 Democratic Sen. Joe Manchin of West Virginia, the nation’s second-largest producer of coal, is backing a…
Biden Issues Climate Ultimatum As China Races To Build New Coal Plants
Biden Issues Climate Ultimatum As China Races To Build New Coal Plants Jack McEvoy on July 20, 2022 President Joe Biden declared that he would take executive action to further his climate…
Exclusive-India’s top cement maker paying for Russian coal in Chinese yuan
By Sudarshan Varadhan, Aftab Ahmed and Nupur Anand NEW DELHI – India’s biggest cement producer, UltraTech Cement, is importing a cargo of Russian coal and paying using Chinese yuan, according to an…
At Australia mine, Glencore balances reforestation drive, coal profit
By Praveen Menon HUNTER VALLEY, Australia – At Glencore’s aging Mt Owen open-cut coal mines north of Sydney, a team of scientists and engineers is restoring woodlands to mined-out fields, aiming to…
Spot Australian thermal coal has surged, but contract price is key: Russell
By Clyde Russell LAUNCESTON, Australia – The spot price of Australian thermal coal is higher than that of coking coal, an unprecedented situation that highlights just how the global market for the…
Coal Use, Especially In China, Is Poised To Wipe Out 17 Years Worth Of US Emissions Progress
Coal Use, Especially In China, Is Poised To Wipe Out 17 Years Worth Of US Emissions Progress Jack McEvoy on June 27, 2022 Rising emissions from growing global coal use amidst the…
German sugar maker Suedzucker to raise prices, shift to coal power -report
BERLIN – German sugar producer Suedzucker plans “significant” price hikes to offset rising costs and prepares to shift to coal as Russian gas supplies to Western Europe slow in the wake of…
Europe Runs Back To Coal After Putin Cuts Off Natural Gas
Europe Runs Back To Coal After Putin Cuts Off Natural Gas Micaela Burrow on June 21, 2022 European nations are firing up idled coal-powered plants to make up for lost energy supplies…
Exclusive-India’s Tata Steel bought 75,000 tonnes of Russian coal in May – sources
By Sudarshan Varadhan and Aftab Ahmed NEW DELHI -India’s top steelmaker Tata Steel imported about 75,000 tonnes of coal from Russia in the second half of May, two trade sources and one…
Dutch insurer NN Group expects to bring forward coal investment exit
By Jessica DiNapoli DAVOS, Switzerland – NN Group NV expects to accelerate its deadline to exit coal investments, now set at 2030, due to fears about Europe reverting to burning the fossil…
Analysis-U.S. coal companies struggle to cash in on Europe crunch
By Timothy Gardner WASHINGTON – 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…
China’s thermal coal futures mute as Beijing reins in commodity inflation
BEIJING – Trade in China’s thermal coal futures has almost come to a halt, after Beijing stepped up its control of coal prices to rein in the soaring costs of energy and…
China’s April coal output leaps 11% on year, but demand downturn looms
BEIJING – China’s daily coal output in April jumped 11% from the same month a year earlier, boosted by Beijing’s order to increase supply to ensure security of the country’s energy supply,…
China April coal imports soar, driven by panic orders in early March
BEIJING – China’s coal imports surged 43% in April from March, driven by panic buying over concerns of supply disruptions stemming from Russia’s invasion of Ukraine. China shipped in 23.55 million tonnes…
China state planner sets out irregular price-pushing behaviours for coal
BEIJING – China’s state planner warned domestic thermal coal producers and traders on Saturday not to hoard stock or engage in a list of other practices that it said amounted to pushing…
‘Too early’ to say if Poland will seek EU approval for more coal subsidies – minister
By Marek Strzelecki and Kate Abnett WARSAW – It is too early to say if Poland will ask the European Union for approval to extend capacity market support for coal-fuelled power plants,…
Virginia equipment company owner sentenced, fined $50,000 for role in scheme to defraud Roundup coal mine
BILLINGS — A Virginia equipment company owner who admitted to defrauding Signal Peak Energy, LLC, which operates a coal mine near Roundup, of nearly $250,000 in an equipment purchase scheme was sentenced…
Australia’s Whitehaven Coal output falls on labour crunch
(Reuters) – Australia’s Whitehaven Coal Ltd reported a 5% drop in third-quarter production on Wednesday as adverse weather and a labour shortage worsened by COVID-19 dented output. The country’s largest independent coal…
Balkans turns to coal as energy crisis trumps climate commitments
By Fatos Bytyci and Ognen Teofilovski OSLOMEJ, North Macedonia – Balkan nations in southeast Europe are turning to coal as they try to tackle a global surge in energy prices, raising fears…
Eyeing green vote, Macron vows to exit oil, coal and gas
By Michel Rose MARSEILLE, France – President Emmanuel Macron promised on Saturday to make France the “first great nation” to stop using oil, coal and gas as energy sources, in a pitch…
German coal importers expect a brief spike in prices on EU ban
FRANKFURT – A European Union embargo on Russian coal imports will push up prices in the short term before alternative supplies become available to steady the cost, German coal importers’ group VDKi…
Chinese capital sees energy consumption peak, weaned off coal by 2035
SINGAPORE – The Chinese capital Beijing will largely wean itself off coal by 2035, when its total energy use is expected to peak at the equivalent of 90 million tonnes of standard…
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