This $4.3 Billion Warning Sign Is Flashing In China’s Coal Business
Coal has been one of the big stories of 2016. With this beat-down market taking flight during the last half of the year — lifting stocks of major producers like Continue Reading
Outlook For Coal Unlikely To Improve
The election of Donald Trump as President of the United States has a lot of implications for a lot of different segments of the economy – coal may not be Continue Reading
Peabody extends debt deadline amid creditor support
Peabody Energy Corp said on Thursday it extended a deadline for creditors to join financing deals aimed at bringing the largest U.S. coal miner out of bankruptcy amid growing creditor Continue Reading
China to cap 2017 energy consumption at 4.4 bln tonns coal equivalent
China aims to cap total primary energy consumption at around 4.4 billion tons of coal equivalent in 2017, the director of the National Energy Administration (NEA) said on Wednesday, close Continue Reading
Rule Tightens Restrictions on Coal Mining Near Streams
The Interior Department on Monday issued a rule putting tighter restrictions on coal mining near streams, one of several environmental rules President-elect Donald Trump has targeted to undo once he Continue Reading
China coal output trend points to lower seaborne prices
When it comes to China’s coal production, is it more important that output in November recorded yet another decline year-on-year, or that it rose for a second straight month? The Continue Reading
Peabody Bondholders Tout Donald Trump’s Plan to Roll Back Emission Rules
President-elect Donald Trump’s plan to roll back the Obama administration’s signature proposal for reducing greenhouse gas emissions will be a boon to creditors of Peabody Energy Corp., according to bondholders Continue Reading
Growth in global coal demand to slow over next five years: IEA
Growth in global coal demand will slow over the next five years due to lower consumption in China and the United States and as renewable energy sources gain ground, the Continue Reading
Trump needs to think long term to really help coal: industry executives
A Donald Trump White House will likely give a boost for the US coal industry and do away with key current and pending environmental regulations, but significant policies need to Continue Reading
Trump’s Cruel Promise to Bring Jobs Back to Coal Country
Paul Lewis and Tom Silverstone asked out-of-work coal miners why they supported Donald Trump. The answer was simple. Hillary Clinton literally promised that if she were elected, there would be Continue Reading
Coal price surge sets miners against activists by English seaside
In northeastern England, a battle is raging between grass roots campaigners and a company intent on digging a new open cast mine as world coal prices soar. A year after Continue Reading
China to probe illegal expansion in coal, steel sectors
China will send inspection teams to investigate and severely punish illegal expansion by coal and steel firms as part of its efforts to slim down the two industries, the country’s Continue Reading
Will coal price retreat be a Dunkirk or Stalingrad?: Russell
It may be a tad early to call a peak in the price of thermal coal in top-consuming region Asia, but at the very least the momentum seems to have Continue Reading
Trump’s Coal Delusions
During the second presidential debate on October 9, Republican presidential nominee (now President-Elect) Donald Trump claimed that “clean coal” could meet the energy needs of the United States for the Continue Reading
Canada Aims to Fully Phase Out Coal Power by 2030
Canada plans to completely phase out traditional coal power by 2030 and will work with the country’s four remaining provinces that still burn the fossil fuel to reach the overall Continue Reading
India aims to boost low-grade coal sales while global prices high
India is trying to boost sales of its low-quality coal by offering more of the fuel at home and initiating steps to lower freight costs, while global prices are high, Continue Reading
IEA cuts coal growth outlook in half as China peaks
The International Energy Agency (IEA) has dramatically scaled back its outlook for coal demand growth over the next 25 years, Carbon Brief analysis shows. The 2016 World Energy Outlook sees Continue Reading
Coal: After the surge, how low can it go?
A wave that has lifted some coal prices to more than double in the last six months may be about to ebb away, turned back by China’s move to loosen Continue Reading
Can Trump End The War On Coal?
Coal shipping The “war” on coal is, to us, about as real as the “war” on Christmas. It’s an artifact of political speech which, by its nature, does little to Continue Reading
US elections have ‘marginal effect’ on coal in 2017 as demand key
The US elections could have only a “marginal effect” in 2017 on the coal industry, although market tailwinds could still provide a boost, analysts said Tuesday. According to Lucas Pipes, Continue Reading
Britain to officially shutter all coal power plants by 2025
The last coal power station in Britain will be forced to close in 2025, the government said as it laid out its plan to phase-out the polluting fossil fuel. Ministers Continue Reading
Can Trump Really Revive The U.S. Coal Industry?
With the election of Donald Trump as President, forecasters and analysts are dashing to determine how his policies are likely to affect global energy. It’s likely that his measures will Continue Reading
China’s total thermal coal imports and volumes from Australia rise 33% on year in Q3
China’s imports of thermal coal in July-September grew 33% year on year with China-bound exports from Australia matching the growth rate, the Australian government’s Department of Industry, Innovation and Science Continue Reading
In 2015, U.S. coal production, consumption, and employment fell by more than 10%
U.S. coal production dropped by more than 10% in 2015 to 897 million short tons (MMst), the lowest production level since 1986. Production in all three major coal-producing regions (the Continue Reading
Smog Chokes Delhi, Leaving Residents ‘Cowering by Our Air Purifiers’
For days, many in Delhi have been living as if under siege, trying to keep the dirty air away from their children and older parents. But it is not easy: Continue Reading
Under government pressure, China’s top coal miners to cut long-term prices
China’s state economic planner said two of the nation’s top coal mines signed long-term supply contracts with utilities at a quarter below current spot market rates, as the government ramps Continue Reading
China Doubles Down on Coal Despite Climate Pledge
China’s government said it would raise coal power capacity by as much as 20% by 2020, ensuring a continuing strong role for the commodity in the country’s energy sector despite Continue Reading
China to cap coal at 55 percent of total power output by 2020: NEA
China aims to cap coal-fired power capacity at 1,100 gigawatts by 2020, higher than the current ceiling but accounting for less of the country’s total power supply, as the top Continue Reading
Mississippi Power Further Delays Kemper Plant; Cost Nears $7 Billion
Mississippi Power Co. now says it won’t complete its Kemper County power plant until the end of the year, a delay of a month that pushes up the price tag Continue Reading
Battered U.S. coal industry hopes for Trump, prepares for Clinton
Republican presidential nominee Donald Trump has won over the U.S. coal industry by promising to revive the downtrodden sector and scrap regulations if elected. But the industry has a Plan Continue Reading
Finland considers ban on coal-fired power stations by 2030: Rehn
Finnish government is considering banning all coal-fired power stations by 2030 to help meet emission reduction goals, Minister of Economic Affairs Olli Rehn said on Wednesday. coal-fired power generation accounted Continue Reading
China’s coal imports surge again, but how long can the party last?: Russell
China’s imports of coal from the seaborne market surged again in October, thereby justifying the jump in prices but also raising questions as to how much more of the fuel Continue Reading
Coal exporters wary of end to Chinese benevolence: Russell
The problem with coal’s spectacular rally this year is that it’s largely a Chinese political phenomenon, and what Chinese politicians give they can just as easily take away. Australian thermal Continue Reading
U.S. coal industry hopes for respite after perfect storm: Kemp
The massive Big John dragline works to reshape the rocky landscape in some of the last sections to be mined for coal at the Hobet site in Boone County, West Continue Reading
Global coal power plans fall in 2016, led by China, India: study
A worker speaks as he loads coal on a truck at a depot near a coal mine from the state-owned Longmay Group on the outskirts of Jixi, in Heilongjiang province, Continue Reading
‘Rolling Coal’ in Diesel Trucks, to Rebel and Provoke
MONTROSE, Colo. — There is a new menace on America’s roads: diesel truck drivers who soup up their engines and remove their emissions controls to “roll coal,” or belch black Continue Reading
Coal consumption by U.S. educational institutions has declined by 64% since 2008
Coal consumption by educational institutions such as colleges and universities in the United States fell from 2 million short tons in 2008 to 700,000 short tons in 2015. Consumption declined Continue Reading
GE Wants to Bring More Life to Coal
General Electric says its technology upgrades are improving efficiency and reducing emissions at newer coal… The conglomerate—one the world’s biggest suppliers of power-plant equipment—for years played down coal’s future as Continue Reading
U.S. coal regulator to crack down on cleanup coverage
U.S. states should force coal companies to set aside collateral to pay for future mine cleanups and protect taxpayers as the industry braces for further declines, a leading federal regulator Continue Reading
Clean-Coal Project Slammed by Watchdog Gets Late U.S. Reprieve
Millions in federal government support hang in the balance Project had faced midnight deadline to line up financing A Texas clean-coal project was given more time to persuade the Obama Continue Reading
Biggest Private Coal Producer in U.S. Warns of Massive Layoffs
Trucks dump their loads of coal at Murray Energy Corp.’s New Era Mine outside of… Murray Energy Corp., the largest privately held coal miner in the U.S., has warned it Continue Reading
China: Is peak coal part of its problem?
The world’s coal resources are clearly huge. How could China, or the world in total, reach peak coal in a timeframe that makes a difference? If we look at China’s Continue Reading
US coal consumption increases to near year-high volume
Hotter weather and higher natural gas prices have helped increase coal consumption for power generation to near a year-high mark. Coal consumption last week topped 16.5 million st, a weekly Continue Reading
As Wind Power Lifts Wyoming’s Fortunes, Coal Miners Are Left in the Dust
After Kullin Orcutt lost his job at the Peabody coal mine this spring, he knew what he needed to do: join the exodus. “Leave Gillette, leave the state,” he said. Continue Reading
Coal use plunges as China cuts back and US turns to gas
The world’s use of coal fell by the largest amount on record last year as the fossil fuel that powered the industrial revolution was struck by tumbling US gas prices Continue Reading
U.S. coal production lowest since the 1980s
The amount of coal produced in the United States is the lowest it’s been since the early 1980s as overall demand falters, the government said. “Coal production has declined because Continue Reading
Higher natural gas prices to lead to increased coal burn
Higher natural gas prices, largely resulting from lower inventories, could displace 1-2 Bcf/day of power burn demand as generators switch back to coal from gas because of improving fuel economics, Continue Reading
India’s Apr-May thermal coal imports via 12 major government ports rise 1.3% on year
India’s 12 major government-owned ports handled around 18.33 million mt of imported thermal coal over April-May, up 1.3% from 18.09 million mt in the same period a year ago, according Continue Reading
Regulators Fear $1 Billion Coal Cleanup Bill
Photo An idled West Virginia coal facility. Officials fear bankrupt coal companies are not setting aside enough to clean up Appalachia’s polluted rivers and mountains. Regulators are wrangling with bankrupt Continue Reading
Coal industry shouldn’t get carried away with new-found optimism
Something has changed in the coal industry. For the past 22 years Asia’s coal producers, traders and buyers have gathered in the Indonesian resort island of Bali to discuss the Continue Reading