coal

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28 11 2021 | 07:08

Coal: why China and India aren’t the climate villains of COP26

The Glasgow Climate Pact urges countries to “accelerate efforts towards phasing down”, rather than “phasing out”, coal power that isn’t mitigated by carbon capture and storage. This subtle change to…

19 11 2021 | 12:33

Poland: PZU’s stance on coal makes no sense either for Paris Agreement or for its shareholders

From environmental and business perspectives, PZU still insuring coal is at odds with its share price - and its peers Poland’s largest insurer, PZU, stands out among European insurers — for the…

18 11 2021 | 14:11

South African government sued over plan to build new coal plants

South Africa’s energy regulator and energy minister have been sued by environmental activists over national plans to allow the construction of new coal-fired power plants.  “New coal-fired power…

18 11 2021 | 12:31

US auctions off oil and gas drilling leases in Gulf of Mexico after climate talks

Biden administration launching auction of more than 80m acres for fossil fuel extraction that experts call ‘incredibly reckless’ Just four days after landmark climate talks in Scotland in which Joe…

17 11 2021 | 14:22

Blockade Australia: anti-coal activists vow more disruption despite warnings of 25-year jail sentences

Climate activists have used their bodies, rope and glue as part of ‘destructive action’ to block part of the coal supply chain in the Hunter. Two climate activists shut down activity at the world’s…

08 11 2021 | 14:19

More than 40 countries agree to phase out coal-fired power

Critics say pledge to end use of dirtiest fuel source in 2030s and 40s does not go far enough More than 40 countries have agreed to phase out their use of coal-fired power, the dirtiest fuel source…

08 11 2021 | 13:43

Op - Australia’s commitment to coal is putting my country of Kiribati in danger

Constant change in the climate policies of Australia and New Zealand has been a huge disappointment to Pacific island nations.

05 11 2021 | 09:16

World urged to slash gas use by a third to avoid climate disaster

‘Gas is the new coal’, says Climate Analytics report that finds it the fastest growing source of carbon dioxide emissions The escalating rollout of gas for heating, electricity and cooking is…

05 11 2021 | 08:35

Australian government refuses to join 40 nations phasing out coal, saying it won’t ‘wipe out industries’

Australia accused of going backward as Cop26 pledge backed by five of world’s biggest coal power users The Australian government will not join more than 40 countries committing to phase out coal…

04 11 2021 | 14:45

COP26: 190 nations and organisations pledge to quit coal

Major coal users including Poland, Vietnam and Chile are committing to shift away from the fossil fuel, in pledges made at the COP26 climate summit, the UK government says. Coal is the single…

04 11 2021 | 14:18

US, UK and EU will help fund South Africa's coal phaseout, offering a model for the developing world

Johannesburg, South Africa (CNN)The US, UK, France, Germany and European Union will help fund South Africa's transition away from coal, in a multilateral effort that could serve as a model for other…

03 11 2021 | 14:20

Coal investment being cut by 99% of development finance institutions

Nearly all internationally available development financing is now committed to reducing or ending investment in coal-fired power after moves by China and the G20 to stop supporting new projects…

28 10 2021 | 08:14

There is plenty of coal and gas in the world but a volatile market is nobody’s friend

Gas will be winding its way out of the energy system Gas prices are continuing to surge around the world. The cost of gas is at unprecedented levels and global markets are buckling under the strain…

28 10 2021 | 07:27

Axis maps exit from thermal coal insurance and investments by 2040

Axis Capital Holdings Ltd. said Wednesday it will stop insuring, reinsuring and investing in thermal coal business by 2030 in some countries, including the United States, and by 2040 globally. The…

27 10 2021 | 14:49

G-20 to focus on stopping financing of foreign coal-fired power plants

Group of 20 diplomats have all but given up on their lofty goal of consigning coal to history and are instead closing in on a more modest plan to stop governments funding foreign coal-fired power…

27 10 2021 | 14:47

Plastics emissions to surpass coal-powered plants by end of decade

The plastics industry in the United States is on track to release more greenhouse gas emissions (GHG) than coal-powered electricity generating plants by the end of the decade, according to a new…

23 10 2021 | 09:33

India: Energy crisis shows coal is an expensive and unreliable source of electricity generation

Any knee-jerk reaction that urges more investment in coal completely misses the point India is teetering on the brink of joining a growing global energy crisis. This burning issue is not only…

23 10 2021 | 09:25

Ford Foundation to divest from coal, oil and natural gas

The Ford Foundation, one of the largest private foundations in the United States, announced Monday that it will divest millions from fossil fuels, following similar investment decisions made by other…

11 10 2021 | 14:11

Asia Development Bank plans funds for early coal power plant closures

The Asian Development Bank plans to create funds, possibly next year, to facilitate early closures of coal-fired power plants in Southeast Asia. The new funds will buy such plants and take an active…

11 10 2021 | 14:10

China power cuts: Coal miners ordered to boost output, say reports.

Beijing has reportedly ordered China's coal mines to boost output as an energy shortage across the country has seen millions of homes and businesses hit by power cuts in recent weeks. Three major…