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Reports: Beijing Sets New Goal to Slash Coal Use 30 Per Cent this Year
China’s war on smog has stepped up another gear with reports suggesting Beijing is planning to cut coal use by a further 30 per cent across the capital this year. The official Xinhua news agency reported over the weekend that…
Renewables Dominated New U.S. Power Generation in 2016
According to the latest issue of the Federal Energy Regulatory Commission’s (FERC) monthly Energy Infrastructure Update, renewable energy dominated new U.S. electrical generation put into service during 2016. Combined, newly installed capacity from renewable sources (i.e., biomass, geothermal, hydropower, solar,…
GE to Help Increase Output and Efficiency of EPS’s Coal-Fired Power Plant in Serbia
BADEN, SWITZERLAND—February 2, 2017—GE’s Power Services (NYSE: GE) today announced that this year it will complete the modernization of Elektro Privreda Srbije’s (EPS) TPP Nikola Tesla, the largest coal-fired power plant in Serbia. GE’s steam turbine retrofit will help increase…
Deutsche Bank Vows to End New Coal Lending, in Line with Paris Agreement
The Paris Agreement and the global divestment campaign has secured one of its biggest victories to date, after banking giant Deutsche Bank announced it would halt investment in new coal projects in line with its commitment to the international climate…
Coal Demand Growth to Stall as Appetite Wanes, According to IEA
BEIJING — Growth in global coal demand will stall over the next five years as the appetite for the fuel wanes and other energy sources gain ground, according to the latest coal forecast from the International Energy Agency. The share…
Wyoming Lawmakers Launch Bill that Would Ban Selling Renewable Energy
In a move that puts the “R” in regressive, a group of Republican lawmakers in Wyoming just launched a bill that would effectively ban selling wind and solar power in the state. The measure proposes to fine utilities for purchasing…
The World Economic Forum Focus on Climate Change
The World Economic Forum is devoting 15 sessions of its 2017 annual meeting to climate change, and nine more to clean energy – the most ever on the issues. It reflects how much is at stake. For global business leaders,…