The Latest Breaking News from Coal

Queensland state budget increases taxes on miners, big business to fund new hospitals and mental health services

Treasurer Cameron Dick hands down 2022 Queensland state budget with plans to hire 9,450 health workers

The Guardian - AU · Jun 21, 2022

Queensland budget handed down by Treasurer Cameron Dick, health the big winner with coal royalties increasing

Handing down his third budget, Treasurer Cameron Dick reveals Queensland will deliver a net operating surplus at the end of this month, thanks to surging coal and oil prices and a booming housing market.

ABC News · Jun 21, 2022

Why including coal in a new ‘capacity mechanism’ will make Australia's energy crisis worse

Australia’s electricity generators would be paid extra money to be available even if they don’t actually generate any energy, under a new mechanism proposed by the federal government’s Energy Security Board (ESB).

The Conversation · Jun 21, 2022

Europe May Shift Back to Coal as Russia Turns Down Gas Flows

Europe's biggest Russian gas buyers raced to find alternative fuel supplies on Monday and could burn more coal to cope with reduced gas flows from Russia that threaten an energy crisis in winter if stores are not refilled. Germany, Italy, Austria and the Netherlands have all signaled that coal-fired power…

Asharq Al-Awsat · Jun 20, 2022

AEMO looks to end energy market suspension

The suspension of the national electricity market could end as soon as this week, under a path forward by the market operator.

AAP · Jun 20, 2022

Environment report Coalition didn’t release paints ‘damning story of neglect’, Tanya Plibersek says

Minister will release five-yearly report which she says details ‘alarming story’ of native species extinction and cultural heritage loss

The Guardian - AU · Jun 20, 2022

Germany sticks to 2030 coal exit target amid energy worries

The German government says it remains committed to its goal of phasing out coal as a power source by 2030, despite deepening worries about a cut in Russia’s gas supplies

The Independent UK · Jun 20, 2022

Russia closing gas tap exposes French and German dependency on nuclear and coal

Fresh into a new mandate but without a parliamentary majority since legislative elections on Sunday, French President Emmanuel Macron will now have to hammer out an energy policy caught between the gas crisis caused by Russia's invasion of Ukraine and an increasingly vocal green movement. Germany faces similar problems.

Radio France Internationale · Jun 20, 2022

3 Top-Rated Stocks Still Up More Than 50% In 2022

The prospects of more aggressive interest rate hikes to fight the multi-decade high inflation and the fears of a subsequent recession have put the stock market under immense pressure. However, despite the current market downturn, fundamentally sound stocks RCM Technologies (RCMT), Alpha Metallurgical (AMR), and Urban One (UONEK) are up…

StockNews.com · Jun 20, 2022

‘High-risk’ energy overhaul could prop up fossil fuels, experts warn

Australian consumers may end up paying to extend the lifespan of fossil fuels unless a planned overhaul of the electricity market is handled carefully.

The New Daily · Jun 20, 2022