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The Latest Breaking News from Coal

Sydney news: NSW Energy Minister Matt Kean granted emergency powers to direct coal to fuel electricity generators

MORNING BRIEFING: The powers, which the NSW Governor granted to Matt Kean on Thursday night, are understand to have been sought as a "precautionary measure" to ensure the state's electricity supply.

ABC News

Now is the perfect time to increase coal royalties to fund Australia’s energy transition

The usual trade-off between maximising revenue while protecting industry’s long-term future no longer applies

The Guardian - AU

BHP To Retain Australian Coal Project For Another 8 Years As It Failed To...

BHP Group Ltd (NYSE:BHP) will retain New South Wales Energy Coal (NSWEC) in its portfolio. The sale process of NSWEC did not result in a viable offer. The company said that moving to closure in 2030 provides the optimal financial outcome compared to alternate options. BHP will seek the relevant approvals to…

Benzinga

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Energy markets tipped to return to normal as NSW granted emergency powers to secure coal supplies

End of cold snap and return of more coal-fired power plants to ease pressure that caused national electricity market suspension

The Guardian - AU

Coal mine brings great harm, opponents say

Lawyers for opponents of a massive coal mine proposed for Queensland say the project would have an economic benefit but also bring about "very profound harm".

AAP

BHP to close NSW’s largest coalmine in 2030 after failing to sell it

Environmentalists welcome news but urge company to stop mining at Mt Arthur when permit expires in four years

The Guardian - AU

Qld govt to meet mayor over gas proposal

The Queensland government won't make a decision on a controversial coal seam gas application until the resources minister meets with the mayor who opposes it.

AAP

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International: World’s ‘biggest’ leak of methane in Russian mine, spots satellite

A coal mine in a remote part of Russia is releasing nearly 90 tonnes of methane gas every hour. Read more on Dynamite News:

Dynamite News

In energy-strapped Europe, coal gets an encore

Energy market turmoil caused by the war in Ukraine has triggered an increase in coal-fired electricity production in the European Union and a temporary slowdown in the closure of power plants long-earmarked for retirement

The Independent UK

BHP plans to shut Mt Arthur mine in 2030

BHP says it will stop operations at its Mt Arthur coalmine in NSW's Hunter Valley after plans to sell the operation failed.

AAP

BHP announces plans to close NSW's largest coal mine at Mt Arthur by 2030

Mining giant BHP fails to find a buyer for its Mt Arthur operation in the NSW Hunter Valley, and announces it will close the site in 2030.

ABC News

BHP commits to consultation for post-mining future

BHP is about to begin an extensive consultation process on how to best rehabilitate and reuse the land occupied by Mt Arthur coal mine following its closure in 2030.

Newcastle Herald

Qld treasurer denies business tax promise

Queensland Treasurer Cameron Dick is adamant his 2020 election pledge for no new or increased taxes was made to voters, not businesses.

AAP

Coal exit only part of the answer, say professors calling for tougher WA climate change action

Professors of five Australian universities hit out at the WA government as greenhouse gas emissions continue to increase, condemning its cosy relationship with the resources industry.

ABC News

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ABC News

As the eastern states face an energy crisis, Victoria may be in a slightly better position. Here's why

Experts say the state's brown coal reserves could provide a "safety net", but ageing power plants and instability from the interconnected national energy market may still pose a threat.

The Guardian - UK

Bank group accused of exploiting loopholes and ‘greenwashing’ in climate pledge

‘Net zero’ global alliance of financial institutions, begun at Cop26, can still invest in coal and other fossil fuels

The New Daily

AEMO has taken over the national energy market. Here’s what that means

Australia's energy crisis reached a high point on Wednesday when AEMO suspended the national electricity market to control runaway prices.

The Guardian - AU

Australia’s energy crisis explained: from price caps to the suspension of electricity trading

How the Ukraine war, ageing coal, Covid restrictions and winter combined to create the ‘perfect storm’ in the power market

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Chicago Sun-Times

Climate change could trigger toxic disasters along Lake Michigan, new report finds

A report released Wednesday warns that rising lake levels, strong wind gusts and high waves are inching closer to flooding hazardous spots in northern Illinois, including coal, nuclear and Superfund sites.

The Conversation

Australia's National Electricity Market was just suspended. Here's why and what happens next

Australia’s energy market operator has just suspended the National Electricity market. That means instead of the price for wholesale electricity being set competitively, the market operator (AEMO) sets fixed prices and will take a greater role in directing which power stations generate energy and when.

The Hindu

CBI summons Trinamool MLA Saokat Molla for questioning in coal theft case

New Delhi The CBI has summoned Trinamool Congress (TMC) MLA Saokat Molla for questioning in a case o

The Independent UK

Satellite spots huge burst of methane from Russian coal mine

A private company that uses satellites to find sources of methane emissions around the globe said Wednesday that it detected one of the largest releases of the potent greenhouse gas ever seen, coming from a coal mine in Russia earlier this year

The Guardian - UK

Methane leak at Russian mine could be largest ever discovered

About 90 tonnes of methane an hour were released from the Raspadskaya mine in January, data shows

ABC News

Collie residents react as Western Australia gives deadline for coal-fired power plants

Western Australia will do away with coal power by 2029, leaving the state's electricity hub without its major industry. But residents say the people of Collie knew the "tough day" was coming and are sandbagging their livelihoods.

The Conversation

'We want to be part of that movement': residents embrace renewable energy but worry how their towns will change

Amid soaring energy costs, the new Labor government is working to deliver a A$20 billion pledge to rebuild and modernise Australia’s electricity grid. It will help deliver a plan for 122 gigawatts of new renewable energy in the National Electricity Market by 2050, eventually replacing coal generation.

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