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The Latest Breaking News from Coal

Power engineers blame Centre for coal-power crisis

It wants withdrawal of electricity Bill, stopping privatisation of power utilities

The Hindu

India to face wider coal shortages, worsening power outage risks

India has stepped up pressure on utilities to increase imports in recent days

The Hindu

"Still wondering what happened": the Newcastle container terminal media release that was never sent out

Coalition Campaign Headquarters media release about Newcastle container terminal that was never issued

Newcastle Herald

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4 Stocks to Buy as Coal Prices Remain Elevated

Coal prices have surged over the past few months, driven by Western bans on Russian coal shipments. Amid the strong demand recovery from the COVID-19 pandemic and constrained supply chains, coal prices are expected to climb further. Thus, we believe that the stocks of fundamentally sound coal producers SunCoke (SXC),…

StockNews.com

How a Russian billionaire shielded assets from European sanctions

(This May 27 story corrects paragraph 30 to say that EuroChem produces roughly 5%, not roughly 10%, of world fertilizer output)

Reuters

Review: Raccoon Tycoon

Unlike in Catan, the value of your wheat, wood, iron, coal, manufactured goods, and luxuries will fluctuate depending on what has recently been bought and sold in the game's marketplace.

Reason

US, Germany to boost cooperation on shift to clean energy

The United States and Germany have signed an agreement to deepen their cooperation on shifting from fossil fuels to renewable energy in an effort to rein in climate change

The Independent UK

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G7 calls on OPEC to play key role to ease global energy supplies

Ministers from the Group of Seven countries on Friday called on OPEC to act responsibly to ease a global energy crunch brought on by the Russian invasion of Ukraine, even as they announced a breakthrough commitment to phase out coal-fuelled power.

Reuters

3 ways the Albanese government can turn Australia into a renewable energy superpower – without leaving anyone behind

Australians will bear yet another blow to our cost of living in July when electricity prices will surge up to 18.3%, which amounts to over A$250 per year in some cases.

The Conversation

Central Queensland's LNP voters wait and watch new Labor government's policies on coal

Liberal National Party voters in central Queensland coal country are worried about the impacts of a Labor government on their livelihoods.

ABC News

Expect more power price hikes – a 1970s-style energy shock is on the cards

Yesterday the Australian Energy Regulator increased the “default market offers” that apply to electricity retailers in New South Wales, South Australia, Queensland by 8% to 18%, depending on type of tariffs and location.

The Conversation

Laggard to leader? Labor could repair Australia’s tattered reputation on climate change, if it gets these things right

For much of the past three decades, Australia has been viewed internationally as a laggard on climate change – and with good reason.

The Conversation

Geothermal energy in the Hunter a potential fix for baseload woes

Spa*ark Energy has applied for a geothermal exploration license covering around 850 square kilometers between Singleton and Muswellbrook.

Newcastle Herald

‘Highly implausible’ that new Galilee Basin coalmines would be profitable, study finds

Report says Adani’s Carmichael mine in central Queensland seems ‘rather a political decision, not an economically driven one’

The Guardian - AU

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Reuters

Afghanistan's Taliban step up coal exports to boost local budget

The Afghan Taliban are stepping up coal exports to Pakistan and have raised duties on sales, officials said, as the group aims to generate more revenue from its mining sector in the absence of direct foreign funding.

The Times of India

Coal India to divest 25% stake in BCCL; plans subsequent listing

NEW DELHI: State-owned Coal India Ltd (CIL) on Thursday said it is planning to divest 25 per cent stake in its unlisted arm Bharat Coking Coal Ltd (BCCL) and will go for the subsequent listing of the subsidiary on stock exchanges after obtaining further clearances.

The New Daily

Huge electricity price hike imminent as regulators jack up default offers

More than 700,000 Australian households will see their energy bills soar on July 1 after key regulators approved significant increases to maximum

The Independent UK

Germany: G-7 nations can lead the way on ending coal use

Germany’s energy and climate minister says the Group of Seven wealthy nations can lead the way on ending the use of coal

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The Conversation

To walk the talk on climate, Labor must come clean about the future for coal and gas

Australia’s climate election has been won. Now comes the harder part. It’s now entirely possible we could see a government committed to domestic climate action, speeding up the exit of coal and gas from our grid and electrifying transport –while still exporting vast quantities of fossil fuels for other countries…

Reuters

G7 can spearhead climate fight by agreeing to phase out coal, Germany says

The Group of Seven countries can spearhead the fight against climate change and accelerate a pivot away from fossil fuels by agreeing to phase out coal power generation, Germany's economy minister Robert Habeck said on Thursday.

AAP

Coal prices, floods push up power prices

Households and businesses are set to pay more for their electricity, but the energy market regulator is urging people to shop around for the best deal.

The Guardian - AU

Australian households face steep power bill increases as generation costs soar

Customers in NSW could see power bill increases of up to 18%, South Australia almost 20% and parts of Queensland could see rises of 12%

The Guardian - AU

New Coalition MP was founding member of club promoting climate science denial

LNP member for Flynn, Colin Boyce, signed international statement rejecting climate crisis and criticised science in state parliament

AAP

Qld locals alarmed about Arrow's gas plans

Locals in Queensland's Scenic Rim region have called on the state government to cancel Arrow Energy's two coal seam gas leases in their region.

The Guardian - AU

‘Go after the money’: Goldman environmental prize winner honoured for urging banks to divest from coal

Julien Vincent’s Market Forces organisation started with a spare laptop and a spare bedroom before raising the ire of the former Coalition government

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