China’s effort to promote natural gas over coal to cut pollution is facing resistance from buyers who prefer cheaper to cleaner. The world’s largest energy consumer seeks to raise the Continue Reading
Following a clampdown on illegal mines, China has now asked state-owned coal companies to cut their capacity by 10% and improve their efficiency, the Ministry of Finance said on its Continue Reading
Peabody Energy won court approval for an $800 million financing package. Above, a front loader… Peabody Energy Corp. won final bankruptcy-court approval for an $800 million financing package after lenders Continue Reading
Coal Mining Trucks With the market capitalization of the coal industry down 94 percent since 2011 , one question has to be paramount on the minds of all investors in Continue Reading
Consumption of steam coal used for electricity generation in the U.S. electric power sector fell 29% from its peak of 1,045 million short tons (MMst) in 2007 to an estimated Continue Reading
China’s government is banning construction of new coal-fired power plants in areas with surplus power supply, a move that could weigh on already-struggling coal markets . The new measures outlined Continue Reading
Indianapolis Power & Light last week retired four units at its Eagle Valley Generating Station, highlighting the need for a cleaner and more diverse generation mix. The facility will be Continue Reading
Developing “clean coal” technology would help the coal sector in both the US and China and prevent further job losses, the US energy secretary has said. Crashing prices for coal Continue Reading
China mined 293.8 million mt of coal in March, down 4.5% on year, according figures released Friday the National Bureau of Statistics. In January-March, China mined a total of 811.27 Continue Reading
The bankruptcy filing of coal giant Peabody Energy Corp. Wednesday comes after a failed effort earlier this year to use its Australian unit to avoid chapter 11 and restructure out Continue Reading
Peabody Energy Corp. said Wednesday it’s the latest coal industry leader to face sector-wide pressures and seek U.S. bankruptcy protection. “This was a difficult decision, but it is the right Continue Reading
CSX earnings have been hurt by the drop in coal shipments. CSX Corp. CSX 1.88 % on Tuesday reported revenue fell in the first quarter, as the volume of coal Continue Reading
Weekly US coal production totaled an estimated 11 million st in the week ended April 2, down 5.4% from the prior week’s estimate and down 37.9% from the year-ago week, Continue Reading
Coal’s bright start to the year in Asia is fading amid the gloom of weak demand across the region’s top importers and still too much supply from top producers. The Continue Reading
Plummeting coal use in 2015 led to a fall of 4% in the UK’s annual carbon dioxide emissions, according to government energy statistics published on Thursday. Coal is now burning Continue Reading
Old coal plants are increasingly lying dormant, yet new ones keep getting built, according to a new report. The analysis by CoalSwarm, which includes researchers from Greenpeace and the Sierra Continue Reading
Chinese proclamations on coal consumption and the corresponding decline in carbon emissions may be off the mark, a journal study found. A recent report from the Brookings Institution stated coal Continue Reading
Alpha Natural Resources Inc. is asking a bankruptcy judge to let it slash retiree benefits and tear up existing labor agreements with its mine workers union, warning that its survival Continue Reading
Across the country, coal-fired power plants consume 7.4 billion cubic meters of water each year, enough to meet the basic needs of about 30 percent of the nation’s population. Credit Continue Reading
China imported 5.06 million mt of thermal coal in February, down 13.6% on the year and 13.2% below January to the lowest monthly volume since April 2011, according to data Continue Reading
A five-year economic development plan unveiled by China called for strengthened efforts to control pollution and a gradual shift away from coal. A National Economic and Social Development plan outlined Continue Reading
For decades, coal has been the dominant energy source for generating electricity in the United States. EIA’s Short-Term Energy Outlook (STEO) is now forecasting that 2016 will be the first Continue Reading
This year will be the first time in history natural gas overtakes coal as the main source of electricity, the U.S. Energy Information Administration reports. “In EIA’s forecast, natural gas Continue Reading
Peabody Energy Corp ( BTU.N ), the largest U.S. coal producer, may have to seek bankruptcy protection, the company said in a regulatory filing on Wednesday, citing poor economies in Continue Reading
The eventual peak in World fossil fuel output is a potentially serious problem for human civilization. Many people have studied this problem, including Jean Laherrere , Steve Mohr , Paul Continue Reading
Chinese Minister of Environmental Protection Chen Jining answers questions at a press conference on how to promote environmental protection on the sidelines of the fourth session of China’s 12th National Continue Reading
Northwest Peabody Energy, the largest private coal company in the world, is one of the last remaining coal majors to still be floating above the bankruptcy tidal-wave that has hit Continue Reading
Australian thermal coal prices have fallen since the beginning of the month, pulled down by weak demand from China, and analysts said there was little hope for a rise in Continue Reading
No matter how you feel about coal, you can’t deny that it is very dirty stuff. Nor can you argue that our electrified society is anywhere near ready to run Continue Reading
While the United States remained a net exporter of coal, last year’s levels marked the third straight year for declines, federal data show. “Slower growth in world coal demand, lower Continue Reading
The indicted, and now deceased, natural gas pioneer was a primary funder of the Sierra Club’s anti-coal campaign. by Richard Martin March 3, 2016 Aubrey McClendon, the former Chesapeake Energy Continue Reading
The vast coal seams beneath the Northern Plains have fueled boasts by industry representatives and elected officials of enough coal in domestic reserves to power the U.S. for centuries. But Continue Reading
Coal fell to just 27.6% of US utility-scale power generation in December, and the spread between it and natural gas-fired generation widened to 616 basis points, the largest yet seen, Continue Reading
Note: Other includes pipeline, other waterway, Great Lakes barge, tidewater pier, and coastal ports. Intermodal transit uses multiple modes of delivery. Data for 2015 are preliminary. U.S. electric power generators Continue Reading
The US coal industry has entered a “new chapter” as mounting stockpiles and plummeting natural gas prices have turned the page to a leaner, more consolidated industry, a panel of Continue Reading
A driver loads coal for sale onto a truck from a coal dump site at the Borodinsky opencast colliery near the Siberian town of Borodino, east of Krasnoyarsk, Russia October Continue Reading
Demand for thermal coal is declining, a trend that appears to be “irreversible.” That is the conclusion from Goldman Sachs, which published a new report on the global coal and Continue Reading
U.S power generation from coal fell to the lowest monthly level in 35 years in November 2015 as generators switched to cleaner and cheaper natural gas, according to federal data. Continue Reading
The start to 2016 has not brought any reported contract coal deals out of the US Illinois Basin, as utilities are largely out of the market and producers are reeling Continue Reading
Not even bankruptcy is stemming the U.S. coal glut. Production at coal miners that declared bankruptcy in the past four years rose 3 percent on average, through the third quarter, Continue Reading
Last year looks like it was an unwelcome watershed for the embattled U.S. coal industry. Power companies in 2015 for the first time may have burned more natural gas than Continue Reading
Chinese coal use peaked back in 2013, as Climate Progress first reported in May. Since China was responsible for some 80 percent of the growth in global demand since 2000 Continue Reading
The Interior Department said Friday it is halting most new leases for coal mining on federal lands and launching a review that could result in higher costs on coal companies Continue Reading
Arch Coal, the second-largest U.S. coal miner, filed for Chapter 11 bankruptcy protection on Monday with a plan to cut $4.5 billion in debt from its balance sheet in the Continue Reading
U.S. coal production has fallen to its lowest level in nearly 30 years as cheaper sources of power and stricter environmental regulations reduce demand, according to preliminary government figures. A Continue Reading
Coal exports from terminals in Virginia’s Hampton Roads region totaled more than 26.8 million st in 2015, according to December export data released Wednesday by the Virginia Maritime Association. The Continue Reading
Britain’s last deep coal mine closed on Friday, bringing the curtain down on an industry that once employed more than 1 million miners at over 3,000 collieries. Coal helped Britain Continue Reading
China possibly saw its coal consumption peak in 2013, according to the International Energy Agency (IEA). The seismic shifts underway in China have global implications for both coal use and Continue Reading
The U.S. Energy Information Administration (EIA) redesigned the weekly Coal Production report and combined two price reports into a single Coal Markets product to improve access to EIA’s coal data. Continue Reading
China faces peak coal demand for the first time as a cooling economy and shifts in industry hit consumption, paving the way for a decline in global use even as Continue Reading
