coal

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23 07 2021 | 11:41

BlackRock proxy climate votes against companies rose 502% in 2021

BlackRock Inc. rejected almost five times more board directors at companies, including Berkshire Hathaway Inc. and Exxon Mobil Corp., during the recent proxy season because they failed to act on…

23 07 2021 | 11:37

Shareholder activists claim New Hope misled investors on coal future

Shareholder activist group Market Forces has asked the corporate watchdog to investigate whether coal company New Hope misled investors by claiming that coal would “remain a significant part of the…

23 07 2021 | 10:47

Vistra plans to shutter 1.3GW coal-fired Ohio plant five years early

Vistra on July 19 said it would close its 1.3-GW Zimmer coal-fired power plant in Ohio on May 31, 2022, five years earlier than previously announced, after the plant failed to clear the PJM capacity…

17 07 2021 | 13:20

Clean energy is the future – so why are some investors still supporting the dying fossil fuel economy?

Institutional forces continue to prop up the fossil fuel economy, while both the market and public opinion are leaving it behind. This is as foolish as it is dangerous, writes Tom Steyer As far as…

13 07 2021 | 13:00

Chinese Bank Walks Away from $3-Bilion Zimbabwe Coal Project

China’s biggest bank is stepping away from a plan to invest US$3 billion in the 2,800-megawatt Sengwa coal project in northern Zimbabwe, according to an email the bank sent to climate campaign groups…

13 07 2021 | 12:10

Major Philippines power generator announces end to new coal projects

San Miguel Corp., one of the Philippines’ largest power generators, will drop new coal projects from its expansion plans as it prepares for a transition to a low-carbon future. “This has not been…

13 07 2021 | 11:43

Japan still seeking to exploit coal power loopholes.

JBIC wants to continue burdening developing nations with its expensive coal-fired power technology Japan is continuing to push its expensive coal-fired power technology on developing nations if such…

08 07 2021 | 14:06

UK Government confirms coal power phase out will be brought forward to 2024

From 1 October 2024, Great Britain will no longer use coal to generate electricity, a year earlier than planned. The move is part of ambitious government commitments to transition away from fossil…

05 07 2021 | 10:41

Five Asian countries account for 80% of new coal power investment

China, India, Indonesia, Japan and Vietnam plan to build more than 600 coal power units Five Asian countries are jeopardising global climate ambitions by investing in 80% of the world’s planned new…

05 07 2021 | 10:40

Dear Bank CEO, You Are Cordially Invited to Defund This Pipeline

Anti-oil activists are turning their focus on fossil fuel funding, aiming to stop the flow of money for good. Even by the standards of the chief executive of America’s biggest bank, March 31 looked…

25 06 2021 | 12:27

Coal-fired carbon capture projects are waste of tax dollars.

San Juan, New Mexico CCS plan part of push for more ‘carbon dioxide factories’ The federal government’s support for carbon capture projects at coal-fired power plants may be politically necessary (…

25 06 2021 | 12:10

Indonesia’s state-owned utility PLN’s 2060 net zero ambition not without flaws and gaps.

Recent announcements by Indonesia’s state-owned utility company Perusahaan Listrik Negara (PLN) to achieve carbon neutrality by 2060 must be met with caution and scrutinized as the numbers don’t…

11 06 2021 | 15:03

Biggest polluting power plant in Europe to close by end of 2036

Poland plans to close Europe’s most polluting power plant by the end of 2036, a draft document published by local authorities said on Tuesday, after energy group PGE (PGE.WA) scrapped plans to…

10 06 2021 | 15:29

DTE retires last unit of River Rouge coal-fired plant.

DTE Energy has retired the last operating unit of its River Rouge coal-fired power plant along the Detroit River, a facility that came online in 1956 and entered commercial operation in 1958. The…

10 06 2021 | 15:11

NGOs call for Japan to end Australia coal imports by 2030

Australian and Japanese environment and research groups have issued a joint call to the Japanese government to end Australian imports of coal. The group of non-government organisations have produced…

10 06 2021 | 13:13

Bloomberg: 32 of 44 PJM coal plants will be unprofitable in 2023.

Most of the coal plants that feed the biggest U.S. power grid will soon no longer be economic to run after prices in a key auction plunged to the lowest in 11 years. Of the 44 coal-fired power…

02 06 2021 | 10:25

South Korea pension fund will limit investments in coal-tied sectors.

South Korea’s National Pension Service, the world’s third-largest retirement fund, “will adopt investment-restriction strategies” for coal-mining and power-generation industries, another sign of…

02 06 2021 | 10:13

Illinois, Exelon hit impasse over subsidies to prevent nuke closures.

With two more days until the scheduled adjournment of the General Assembly’s spring legislative session, negotiations on a high-stakes deal to steer Illinois away from carbon-causing energy sources…

01 06 2021 | 17:20

China finances most coal plants built today – it’s a climate problem and why US-China talks are essential

As nations gear up for a critical year for climate negotiations, it’s become increasingly clear that success may hinge on one question: How soon will China end its reliance on coal and its financing…

01 06 2021 | 16:39

Biden Backs Massive Alaska Drilling Project Approved Under Trump

The Biden administration is facing backlash from climate activists and scientists after filing a court brief Wednesday in defense of a major Trump-era Alaska drilling project that's expected to…