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Global Coal Generation ‘Plunging into Death Spiral’
Global coal generation is plunging into a ‘death spiral’. That’s the verdict from environmental think-tank Carbon Tracker, which has published a new report suggesting 42% of the world’s operating coal fleets are already unprofitable due to high fuel costs. It…
50% of Industrial Climate Change Emissions Tied to Fossil Fuel Companies
The Rocky Mountain Institute recently released a report titled Decarbonization Pathways for Mines: A Headlamp in the Darkness, in which it was stated that in 2015, half of worldwide industrial greenhouse gas emissions came from 50 companies working in fossil-fuel…
UK Hits Milestone of 1,000 Coal-Free Hours
The UK has gone a thousand hours without needing coal generation so far this year. That’s according to new figures released by MyGridGB, which show the country hit the milestone. The data shows the amount of coal-free time in 2018…
US Coal Exports Rose 61% In 2017, Recovering From Drops In Previous Years
US coal exports rose by 61% in 2017 (by a total of 36.7 million short tons), largely on the back of increased shipments to Asia and steady shipments to Europe, going by the most recent figures released by the EIA.…
Government Floats Proposals to Phase Out Coal and Oil Heating from 2020s
The government has launched a Call for Evidence on its plans to phase out high-carbon fossil fuel heating systems, such as coal fires and oil burners, over the next decade. In a document released yesterday the government offered more detail…
‘The Beginning of the End of Coal’: Chile Unveils Coal Phase Out Plan
The global push to phase out unabated coal power chalked up a major victory this week, as Chile announced it would ban the development of new coal power plants without carbon capture and storage (CCS) and begin work on a…
India’s Coal Imports From North America Tripled Year On Year In October
Imports of coal from North America have risen rapidly in recent times in India, on the back of a regional ban on the use of petroleum coke and a domestic coal shortage, according to recent reports. Relying on shipping data…