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The Latest Breaking News from Coal

Anthony Albanese’s latest plan to subsidise foreign coal and gas companies is just absurd

Fossil fuel subsidies are a stupid idea. We aren’t so much decarbonising our economy as turbocharging its carbon intensity

The Guardian - AU

Coal-fired power plants could receive bulk of price cap compensation, Treasury briefings suggest

Generators likely to receive lion’s share of payments worth more than $500m after commonwealth said producers could be paid if costs exceed $125 a tonne

The Guardian - AU

Gove’s defence of UK coalmine dismissed as ‘greenwashing nonsense’

Head of offsetting standard rubbishes minister’s claim of Cumbrian mine’s carbon neutrality as ‘absurd’

The Guardian - UK

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Mongolia to take mining firm public after protests over graft

Mongolia will push ahead with plans to list a state mining firm embroiled in a corruption scandal that has sparked protests in the capital Ulaanbaatar, with new ownership likely to help drive out graft, the country's justice minister told Reuters.

Reuters

Xi Jinping's reelection may help Indonesian economy, but protests may worsen anti-Chinese sentiments

Chinese President Xi Jinping has been reelected as the Secretary General of China Communist Party (CCP), making him secure an unprecedented third term as the country’s leader.

The Conversation

Political players jostle as Labor unveils consultation draft of gas and coal price cap bill

Labor's power price relief bill to parliament

Newcastle Herald

Greens hold firm on demand for two-year power bill freeze ahead of vote on coal and gas price caps

The Greens, whose support is needed to pass a proposed price cap on gas and coal, are holding firm on their demand for a two-year freeze on energy bill prices, which they say will save households $750 and be paid for by fossil fuel companies.

ABC News

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Paul Bongiorno: Politically charged Albanese braces for a high-voltage end to the year

Apparently, the penny hasn’t dropped that a longer term end to energy from fossil fuels is the very outcome voters are demanding.

The New Daily

Coal and gas price cap is a political stunt

Email letters@newcastleherald.com.au or send a text message to 0427 154 176 (include name and suburb).

Newcastle Herald

Cumbria coalmine digs a hole for Britain’s climate policy

Letters: Michael Gove’s decision to approve a new mine is greeted with anger and frustration by Steven Schofield, Keith Fitton, Dr Chris Haughton, Gary Nethercott and Liz Fairhurst

The Guardian - UK

No compo for fossil fuel firms: Greens

As the coalition flags it has an open mind on whether to support the government's energy price relief, the Greens have set out their negotiating position.

AAP

Just Stop Oil march in Clapham against government ‘clampdown’ with Camden protest to follow

Activists step up protests after Michael Gove approves Cumbria coal mine

Evening Standard

Greens threaten government’s plan to cut energy bills

The government's plans to curb energy bills are looking shakier after the Greens refused to rule out sinking a deal to cut power bills

The New Daily

Russia's logistic logjam worsens in winter, curbs coal exports to China

Infrastructure bottlenecks in Russia worsened with the winter season as rising demand for Asia-bound cargoes amid European sanctions on Moscow led to rail jams and worsened prospects for coal sales to China, according to data and market sources.

Reuters

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The Independent UK

National Grid puts coal power plants on standby as energy demand surges in cold weather

Two coal generators were put on standby to ‘give public confidence’ but have now been stood down

The Guardian - UK

National Grid stands down coal plants on standby in icy weather

Great Britain’s electricity system operator says it has no concerns over blackouts despite snow and ice

The Guardian - AU

Energy users and ex-ACCC boss praise government for staring down ‘bullies of the gas industry’

Industry argues capping gas at $12 a gigajoule risks future investment but experts say price is top end of range forecast before invasion of Ukraine

Al Jazeera

Australia’s Albanese to meet gas lobby over price cap concerns

Australian leader is aiming to pass legislation this week imposing caps on wholesale gas and coal prices.

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The Conversation

Indonesia's climate target still got the worst rating despite being “more ambitious”

Global research coalition Climate Action Tracker (CAT) categorises Indonesia’s climate goals as “Critically Insufficient”, which means they are far from enough to curb global warming.

ABC News

Former Synergy chief engineer fears for summer power supplies in Perth and southern WA

On a warmish evening across Perth and southern WA recently, something happened to make Andy Wearmouth feel very uncomfortable, while just about everybody else in the state remained blissfully ignorant.

The Guardian - AU

Senator says plan ‘a Band-Aid on a festering wound’ – as it happened

This blog is now closed

Newcastle Herald

Planning panel signs off on 209-lot Catherine Hill project

Middle Camp plan approved at Catherine Hill Bay

The Conversation

Forget net-zero: to halt global heating, aim for net-negative

In the fight against climate change, the lever every policymaker has been focusing on has been the reduction in (net) emissions. Curbing the rate at which greenhouse gases are pumped into the atmosphere clearly remains a priority. Yet every serious scientific analysis – in particular the latest IPCC report –…

AAP

Energy price cap compensation in jeopardy

The Greens are expected to vote against a plan to compensate coal and gas companies for temporary price caps, as the industry wants to meet the prime minister.

Radio France Internationale

Asia's richest man wants India to lead a green energy revolution

India's Gautam Adani, the richest man in Asia, made his vast fortune betting on coal. Now he's aiming to become the world's top player in renewables by 2030 and to make his country a clean energy superpower.

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