UN Launches Pledge to Stop Building New Coal Power Plants
UN Launches ‘No New Coal’ Pledge Seven countries have signed a pledge initiated by the United Nations to stop building new coal power plants, with the aim to gather more Continue Reading
Analysis: China’s pledge to cut project finance is the ‘new normal’ for coal
Australia and Indonesia, the world’s biggest coal exporters, face an accelerated decline in global demand for their coal shipments after China said it would stop building coal-fired power plants overseas, Continue Reading
UK’s Drax might delay retirement of coal plants to plug energy gap -FT
UK power generator Drax Group Plc (DRX.L) said it could keep its coal-fired power plants operating beyond their planned closure next year as the energy crisis in Europe highlights potential Continue Reading
The world is turning its back on coal.
It’s Tuesday, September 21, and the world is turning its back on coal. More than three-quarters of the world’s proposed coal power projects have been canceled since the Paris Agreement Continue Reading
China’s overseas coal power retreat could wipe out $50 bln of investment
China’s pledge to stop building coal-fired power plants overseas could cull $50 billion of investment as it slashes future carbon emissions, analysts said, although Beijing’s own domestic coal programme is Continue Reading
U.S. Coal Miners Could Be Next in Line for Industry Bailouts
There isn’t much that Senate Minority Leader Mitch McConnell and the Sierra Club agree on, but one of those rare things is a measure that’s part of the bipartisan infrastructure Continue Reading
Energy Titans Support Exxon Gulf Coast Carbon Hub
An ambitious project aimed at capturing millions of tons of carbon emissions along the U.S. Gulf Coast in Texas garnered the support of some of the world’s biggest refiners and Continue Reading
Europe Could Turn To More Coal If Gas Crunch Persists
Despite its ambitious green energy targets, Europe could be forced to burn more coal this winter if natural gas stockpiles are not adequately replenished amid record-high gas prices, an expert Continue Reading
Chevron and Enterprise Exploring Carbon Storage Ops
Chevron and Enterprise Products Partners are exploring carbon storage business opportunities. Chevron and Enterprise Products Partners are exploring carbon storage business opportunities. Through its Chevron New Energies division, Chevron U.S.A. Continue Reading
Democrats’ Energy Plan Will Kill U.S. Coal by 2030, Miners Say
A plan to push utilities to use more clean energy could eliminate coal from the U.S. power grid by the end of the decade, according to a trade group that Continue Reading