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Energy / Coal

China Calls Out U.S. Dollar Dominance As It Buys Russian Coal With Yuan

Apr 29, 2022 at 10:32 | ZeroHedge

The first shipments of Russian coal and crude oil, paid for in yuan, will arrive in China in April and May, respectively. Chinese state media used the opportunity…

Institutional Investors Just Can’t Quit Coal

Apr 20, 2022 at 10:56 | Haley Zaremba

Almost everyone – environmentalists, policymakers, financial institutions, and fossil fuel magnates alike – agree on one thing: it’s time to ditch coal. And that’s a list of people…

Russian Coal Ban Leaves Europe Even More Vulnerable To Rising Energy Prices

Apr 13, 2022 at 11:32 | Haley Zaremba

The world was already struggling to combat a global energy supply squeeze well before the Russian invasion of Ukraine. Now, as world powers seek to condemn the Kremlin’s…

EU Considers Full Ban On Russian Coal Imports

Apr 05, 2022 at 09:03 | Tsvetana Paraskova

The European Union is considering proposing a full ban on imports of Russian coal after footage continues to emerge of alleged war crimes committed by Russian troops withdrawing from Ukrainian…

The Billionaire Attempting To Kill Australia’s Coal Industry

Mar 02, 2022 at 12:56 | Haley Zaremba

Coal is having a renaissance. Despite the fact that even the most coal-dependent countries agree that coal needs to be phased out as soon as possible, it’s proving…

Banks Have Spent $1.5 Trillion On Coal Since 2019

Feb 22, 2022 at 11:35 | Haley Zaremba

As the global green energy transition has gained traction, the movement away from fossil fuels and toward renewable and low-carbon energy sources has been marked by ups and…

China Looks To Run Coal-Fired Power Plants At Full Capacity

Feb 16, 2022 at 13:23 | Charles Kennedy

China will help run its coal-fired power plants at full capacity in a bid to ensure energy security, despite the climate goals of the world's largest polluter. The Chinese government…

IEA: Europe’s Gas Demand Set To Decline In Favor Of Coal

Jan 31, 2022 at 10:01 | Irina Slav

Europe’s natural gas demand is set to decline this year as buyers begin to favor lower-priced coal, the International Energy Agency said in the latest edition of its quarterly

Coal Price Set To Surge As Major Producer Indonesia Bans Exports

Jan 04, 2022 at 09:48 | Irina Slav

Coal prices moved higher and have higher still to go as Indonesia imposed a temporary ban on coal exports on worries that it will be unable to meet domestic demand.…

Coal Use Is Reaching Record Levels In India And China

Dec 17, 2021 at 11:25 | City A.M

The International Energy Agency has called on China and India to reduce coal power generation and put their climate pledges into action, describing both countries as “holding the…

IEA: Coal Set For Record Highs In 2022 Despite Net-Zero Pledges

Dec 17, 2021 at 10:43 | Tsvetana Paraskova

The economic rebound from the pandemic is taking coal power generation to a new record high this year, with global coal demand likely hitting another new high next year, undermining…

U.S. Coal Is Making A Transitory Comeback

Dec 02, 2021 at 15:30 | Tsvetana Paraskova

While the U.S. Administration is pushing its green energy agenda and wants to decarbonize the power grid by 2035, coal is making a comeback this year as high natural gas…

COP26 Ends Without Deal To Phase Out Coal

Nov 15, 2021 at 09:50 | Irina Slav

The COP26 climate change summit ended with a deal, but it wasn't the deal many have come for. Due to pressure from major coal consumers, the deal struck by world…

Activist Investor Push To End Coal Mining Is Backfiring

Nov 12, 2021 at 12:11 | Editorial Dept

The obvious case for allowing the free market to make decisions in industries like energy is that, when changes are forced instead of adopted…

China Is Playing With Fire As It Implements Price Controls On Coal

Nov 08, 2021 at 13:04 | ZeroHedge

The largest Chinese Power Grid Company, State Grid Corporation of China (SGCC), announced Sunday that power supply and demand in its service areas have returned to normal and…

Chinese Coal Prices Plunge After Beijing Imposes Price Caps

Oct 28, 2021 at 12:04 | ZeroHedge

Having soared to an all time high as recently as one week ago, Chinese coal futures have lost nearly half of their value in the past seven…

China Is Determined To Kill The Coal Price Rally

Oct 25, 2021 at 11:31 | Gerald Jansen

Coal has come back to the global energy market in a fashion that very few could have anticipated – on the back of a massive energy crunch, the consequences of…

Australia Is Making The Most Out Of The Coal Boom

Oct 14, 2021 at 13:42 | Felicity Bradstock

Australia continues to back its coal industry as many Western nations have turned their back on the dirtiest fossil fuel, approving its third coal mine extension in a…

China’s Coal Prices Soar To All-Time High As Floods Shut Down Sixty Mines

Oct 11, 2021 at 11:44 | Tsvetana Paraskova

Coal futures in China closed at a new record high on Monday after sixty coal mines in the country’s top coal-producing region were forced to shut amid heavy rain, flooding,…

China Eyes Kazakh Coal As Energy Demand Soars

Oct 08, 2021 at 14:44 | Eurasianet

China is the world’s biggest coal consumer. Neighboring Kazakhstan sits on some of the world’s biggest coal reserves. Yet they have never done much business trading the stuff,…

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