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The Latest Breaking News from Coal

Investors' climate pledges take center stage amid growing risks - Roll Call

At Climate Week in New York City, attendees urge global financial institutions to scale back the financing of oil, gas and coal projects.

Roll Call

KBank eyes ESG-friendly strategy

Kasikornbank (KBank) is planning a decarbonisation strategy in line with the global environmental, social and governance (ESG) trend, with the bank stopping lending to the coal sector.

Bangkok Post

Blackjewel still hasn’t paid many of its coalminers three years on

Blackjewel agreed to cover its coalminers’ back wages, but many of them have yet to receive any funds three years after the company filed for bankruptcy

The Guardian - US

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Coal block case: Special Court cancels bail of pvt firm director, taken into custody

A Special Court (Special designate court for coal block matters) has cancelled the bail of a director of a private firm after noting that he has violated the fundamental condition of bail. Read more on Dynamite News:

Dynamite News

Plans to merge competing offers in ongoing push for Dartbrook coal mine

There are plans in place to open the shuttered mine by the end of 2023.

Newcastle Herald

Korean companies plan to turn Queensland coalmining town into renewable energy powerhouse

Plan would see Collinsville house 3GW of renewable energy generation to produce 1m tonnes of green ammonia for export

The Guardian - AU

Will China’s plan for a ‘green silk road’ live up to environmental promises?

China has pledged to make its Belt and Road initiative greener, but critics say environmental guidelines ‘nonexistent’

The Guardian - UK

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‘Massive missed opportunity’: NSW could make $23bn with tiered tax on record coal profits

‘Small number of fossil fuel-exporting companies are making windfall gains,’ says analyst advocating for Queensland system

The Guardian - AU

Qld poised as nation's 'clean engine room'

Australia's vital coal and gas port of Gladstone could become a global hub of clean jobs and investment, served by abundant renewable energy.

AAP

EU countries want option to claw back coal plants' revenues - draft

Coal power plants could be subject to the European Union's plan to cap energy producers' revenues to raise cash to bring down soaring energy bills, a draft document seen by Reuters shows.

Reuters

Plans put forward for Merthyr coal mine to keep operating for a further nine months to help steel industry and with the security of energy supply

The operators of Ffos y Fran coal mine want to keep mining there until June 2023 and extend the deadline to finish the restoration scheme until September 2025

Wales Online

Bankers bonus cap: why scrapping it could hurt the UK economy

At a time of rising prices and an ever increasing cost of living, there are at last signs of a financial boost for an industry toiling away at the economic coal face. British bankers, it seems, could be about to receive a hefty pay rise, with the new UK chancellor…

The Conversation

Three die in illegal rat-hole coalmine in Assam

Police in Tinsukia district found bodies of the labourers buried near an illegal rat-hole mine on the border with Arunachal Pradesh

The Hindu

Coal royalty hike damaging mining industry and investor confidence, Queensland Resources Council says

The Queensland Resources Council wants the state to scrap its 40 per cent royalty hike on some coal exports, saying the new rates put the industry's viability at risk.

ABC News

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Al Jazeera

China’s imports of Russian coal hit 5-year high as ties deepen

Russian coal imports reach 8.54 million tonnes in August amid soaring energy demand in the world’s No 2 economy.

The Guardian - AU

Emissions from Australia’s oil and gas industry rose 20% in first five years of safeguard mechanism

Scale of rise prompts warning Australia will struggle to cut emissions if Labor revamp allows new coal and gas

The Independent UK

Ukraine war thrusts German climate action into spotlight

Germany’s climate envoy says the country remains committed to phasing out coal as a source of power by 2030 even as it reactivates coal-fired power plants

Newcastle Herald

We don't know the full scale of PFAS chemical exposure's risks

We all grew up in an industrial city built on coal and BHP. We are all ignorant of what we have breathed in and consumed over all those years.

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The Guardian - AU

Labor urged to axe $1.9bn in ‘zombie’ fossil fuel subsidies promised by the Coalition

Exclusive: Morrison government announced support for coal and gas projects in ‘gas-fired recovery’ but didn’t formalise contracts, PBO analysis reveals

The Independent UK

Locked Up: The prison labor that built business empires

In a joint investigation, reporters from the Associated Press and Reveal at the Center for Investigative Reporting spent months unearthing the history of convict leasing that built business empires

The Guardian - AU

Private owners net millions in sale of ageing coal-fired power station in NSW

Delta Electricity sells Hunter region station to Sev.en Global Investments which one critic labels ‘worst of all outcomes’

Newcastle Herald

Hunter nuclear plant concept blown up

The federal government's low emissions technology advisor Alan Finkel has dismissed suggestions the Hunter's coal-fired power stations could be transformed into nuclear reactors.

ABC News

Fears Hazelwood coal mine will become a toxic lake if flooded before clean-up

Environment groups fear a proposal to flood a former Victorian coal mine will create a toxic lake that may contaminate other water sources unless more is done to clean up the site.

The Independent UK

First public global database of fossil fuels launches

On Monday, the world’s first public database of fossil fuel production, reserves and emissions launches

The Guardian - AU

Australia is pushing to host a Cop meeting – if successful it would be forced to ramp up climate action

Winning the 2024 climate talks could pressure Australia to rejoin the Green Climate Fund, increase its 2035 emissions target, and ditch new coal and gas developments

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