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The Latest Breaking News from Coal

Santa Serving Up Coal to Stock Investors

The S&P 500 (SPY) comes into Christmas in bear market territory under 3,855...20% below the all time highs. Why are stocks falling again? Why is the traditional Santa Claus rally not coming to the rescue? And where do stocks head next? 40 year investment veteran Steve Reitmeister spells it all…

StockNews.com

Palmer seeks coal climate ruling review

Clive Palmer's Waratah Coal wants a review of a Queensland court's advice that its proposed coal mine should be rejected due to climate change impacts.

AAP

Global coal use in 2022 is reaching an all-time high, but Australia is bucking the trend

In a year marked by record-smashing floods, fires, heatwaves and droughts, the urgent need to act on climate change has never been more apparent. And yet, the International Energy Agency (IEA) has found coal burning for electricity generation will reach record levels this year.

The Conversation

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To activate hope, activate capital

The atmosphere at the end of last month's UN Climate Change Conference (COP27) in Egypt was rather sobering. Russia's invasion of Ukraine has forced countries to turn to thermal coal and other fossil fuels to meet their energy needs, likely postponing the transition to a net-zero economy. But COP27 also…

Bangkok Post

Ex-Labor minister again found corrupt over Hunter Valley mining licences

The court on Tuesday found Macdonald had no reasonable cause or justification to grant two licences to Hunter Valley company Doyles Creek Mining in 2008.

Newcastle Herald

Federal clean energy deal worth $8b: coal and gas cap debate in parliament

Hunter-Central Coast REZ and Sydney Ring - Hunter Transmission Project are included in the agreement.

Newcastle Herald

Vic Supreme Court throws out EPA coal case

The Victorian Supreme Court has ruled in favour of the Environmental Protection Agency in the first case to test Victorian climate change legislation.

AAP

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Relief as Santos dumps plan to release untreated CSG water near Queensland bum-breathing turtle habitat

Only treated wastewater is now proposed to run into Dawson River, home to the white-throated snapping turtle

The Guardian - AU

How Germany saved coal miners' health

In the Saarland, medical debt is practically nonexistent

Salon

Big oil is behind conspiracy to deceive public, first climate racketeering lawsuit says

Lawyer in a civil lawsuit launched by towns in hurricane-hit Puerto Rico describes why it is using laws used to target mob bosses

The Guardian - US

McGowan government hands cash to struggling Griffin Coal amid looming summer energy crisis

An unknown amount of taxpayer money will be spent helping an insolvent coal miner that is $1.4 billion in the red keep its lights on, with the supply of electricity at peak times depending on it.

ABC News

‘It was a set-up, we were fooled’: the coal mine that ate an Indian village

The long read: In a pristine forest in central India, the multibillion-dollar mining giant Adani has razed trees – and homes – to dig more coal. How does this kind of destruction get the go-ahead?

The Guardian - UK

Underground coal mining safety improves with 3D laser-scanning technology

World-first 3D laser-scanning technology makes coal mining safer by giving workers a view of what's underground without actually having to be there.

ABC News

Dev Sindhu is the mystery man at the centre of a deepening crisis threatening an Australian energy grid

A mysterious entrepreneur sits in the middle of an Australian energy crisis. Where he came from, who he is, and how he got involved has been an untold story until now.

ABC News

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Tribune News Service

What Germany’s coal miners can teach America about medical debt

PÜTTLINGEN, Germany — Almost every day, Dr. Eckart Rolshoven sees the long shadow of coal mining in his clinic near the big brownstone church that dominates this small town in Germany’s Saarland.

Fortune

Putin’s energy crisis in Europe has pushed global coal use to a historic high—but here’s why it won’t stay that way for long

Global coal use will rise 1.2% this year to just over eight billion tons, according to the International Energy Agency.

The Independent UK

Report: World's coal use creeps to new high in 2022

The International Energy Agency says coal use across the world is set to reach a new record this year amid persistently high demand for the heavily polluting fossil fuel

The Guardian - UK

‘Like hell’: Henry Moore drawings of coalminers’ wartime work on show

Scupltor and miner’s son was commissioned to spend a week making sketches of men in Yorkshire pit

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The Texas Tribune

GOP lawmakers accuse investment firms of breaking a law that prohibits divesting from oil and gas

At a senate committee hearing in Marshall, Texas Republican lawmakers accused investment firms of pulling back on fossil fuels, running afoul of a 2021 law that prohibits the state from contracting with or investing in companies that “boycott” oil, natural gas and coal companies.

The Conversation

Cumbria coal mine: how to understand local support for the new pit

The UK government recently approved a new coal mine in Whitehaven, a small coastal town in Cumbria, northwest England. The first mine to be given the go-ahead in 30 years is expected to produce 2.8 million tonnes of coking coal a year for steelmaking, and provide 500 new jobs. The…

Newsroom.co.nz

'Rebound effect' puts CO2 targets at risk

Researchers worry more than half of global efforts to cut greenhouse gases by using energy more efficiently could be wiped out by a sneaky efficiency paradox called the 'rebound effect'.

The Conversation

Eskom CEO quits: why finding a new head for South Africa's struggling power utility won't end the blackouts

For a multitude of reasons, Eskom CEO Andre de Ruyter’s resignation is a huge setback for the state-owned power utility and South Africa. It comes at a time when the utility, which produces 95% of the electricity used in the country, needs stable leadership.

Bristol Post

Disused coal mines in South Gloucestershire could be used to heat and cool homes

There are "a number of areas of interest" in South Gloucestershire

The Conversation

Cumbrian coal: the 18th-century poem that perfectly encapsulated Whitehaven’s mining culture

The debates waged over the opening of the Woodhouse Colliery in Whitehaven, Cumbria, have laid bare starkly different views about the steps the UK should take to honour its net zero commitments.

Newcastle Herald

Federal government gets its power bill relief bill through parliament

Coal and gas caps passed in energy bill

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