The Latest Breaking News from Coal

Electricity prices in the short-term (“spot”) wholesale markets in Australia are surging again.

There is hope the reopening of a coal mine could revitalise a "deserted little town" on the outskirts of Lithgow despite plans to transition away from the fossil fuel.

Six months ago, negotiators at the United Nations’ Glasgow climate summit celebrated a series of new commitments to lower global greenhouse gas emissions and build resilience to the impacts of climate change. Analysts concluded that the new promises, including phasing out coal, would bend the global warming trajectory, though still…

At last year’s Glasgow climate conference, countries lined up to increase their ambition to cut greenhouse gas emissions. Even Australia brought a new target of net-zero emissions by 2050, and signed the final agreement which called for a global “phase down” of coal.