The Latest Breaking News from Coal

Top economist Mohamed El-Erian says crypto is a canary in the coal mine for an era of ‘irresponsible risk taking’—and the fallout could lead to ‘financial accidents’

Mohamed El-Erian is worried that crypto’s risk-taking behavior is just an example of what became the norm over the past decade.

Fortune · Dec 9, 2022

COP27: The good, bad and the ugly

COP27 could be called largely uninspiring; a plateau in progress marked by periodic bright points. It also represented an effective transition to a new dynamic as the Parties to the United Nations Framework Convention on Climate Change (UNFCCC) moved beyond negotiations to a broader coalition of those willing to implement…

Bangkok Post · Dec 9, 2022

Coal and gas price caps and whether they'll lower your energy bills explained

Federal and state leaders thrashed out a plan to shield consumers from the worst of the energy price crisis this week, but what's in the deal and how well will it work?

ABC News · Dec 9, 2022

9 miners killed in Indonesia coal mine explosion; 2 rescued

Nine miners have died in a coal mine explosion in Indonesia’s West Sumatra province and rescue workers are still searching for one missing miner after rescuing two others

The Independent UK · Dec 9, 2022

Cap on coal and gas prices key to Anthony Albanese’s plan to reduce electricity bills

Federal, state and territory governments will provide up to $3 billion in electricity bill relief to households and small businesses.

The New Daily · Dec 9, 2022

What is the energy price relief plan and will it actually reduce power bills?

Treasury modelling suggests average household will be $230 better off after national cabinet backed $1.5bn intervention

The Guardian - AU · Dec 9, 2022

$1.5bn energy price relief package for Australians including caps on coal and gas

Treasury advised the PM and premiers not to deliver the rebates as cash handouts due to risk of fuelling inflationary pressure

The Guardian - AU · Dec 9, 2022

Cumbria coalmine protests planned as local opposition grows

Campaigners expected to gather on Friday and Saturday, and possible legal challenge is being explored

The Guardian - UK · Dec 9, 2022

$125 a tonne domestic coal cap confirmed as Albanese unveils power plan

Labor says coal and gas caps will ease bills

Newcastle Herald · Dec 9, 2022

Afternoon Update: national cabinet agrees to cap gas, coal prices; Covid cases rising; and South Koreans getting younger

Gas and coal prices will be capped, and relief is coming on energy bills, as parliament is recalled

The Guardian - AU · Dec 9, 2022