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The Latest Breaking News from Coal

Why do we need a Net Zero Economy Authority? And how can it fulfil its promise?

To support its climate agenda, the Albanese government is building new institutions. One of the most important will be the Net Zero Economy Authority. The proposed laws to create this authority are currently before the Senate.

The Conversation

Ukraine energy funds 'more efficient' than sending coal

An extra $31 million in Australian aid for Ukraine's energy and humanitarian needs is more effective than shipping coal to the war-torn nation, Penny Wong says.

AAP

Morning Mail: Coalition’s ex-detainee curfews challenged; ANC on the brink in South Africa; unpacking Barnaby Joyce’s new boots

Measures for former detainees called ‘unconstitutional’; watershed moment looms in South African politics

The Guardian - AU

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No need for countries to issue new oil, gas or coal licences, study finds

Researchers say world has enough fossil fuel projects planned to meet demand forecasts to 2050 if net zero is reached

The Guardian - UK

Gridlock warning for Adamstown gates if Eraring coal contract goes west

Origin and Centennial Coal remain locked in contract talks.

Newcastle Herald

Top Coal Stocks to Buy for Momentum in 2024

Despite heightened environmental concerns, the coal industry is experiencing steady growth due to new capacities coming online and the growing demand for cheap and reliable power. Amid this backdrop, investors could consider buying quality coal stocks CONSOL Energy (CEIX), China Coal Energy (CCOZY), SunCoke Energy (SXC), and China Shenhua Energy…

StockNews.com

More at play than power in Eraring extension

Letters to the editor: Thursday May 30, 2024

Newcastle Herald

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Coal, gas communities should not be left behind: PM

Prime Minister Anthony Albanese says communities with power stations that are closing down need to be supported as part of the transition to net-zero.

AAP

In Frostpunk 2's post-post-apocalypse 'it's not nature that's your worst enemy, it's human nature,' and nothing proves that like my doomed attempt at turbo-communism

You've got nothing to lose but your chains. Oh, and the coal. You could definitely also lose the coal.

PC Gamer

‘They stole our jobs and life’: Anger and desperation in India’s coal belt

People living in the coal belt in West Bengal say their demands are unheard as India elects its government.

Al Jazeera

'Plan for a future beyond coal': questions about transition authority funds

Resources for Rejuvenation funds will be locked up until 2028.

Newcastle Herald

Revealed: plan to support coal workers when mines and power stations close

EXCLUSIVE: Displaced workers will be provided with free TAFE training.

Newcastle Herald

Super funds giving a green light to 'climate wreckers'

Superannuation funds have come under fire for doubling down on their investments in fossil fuels while cutting half a billion dollars from green energy funding.

AAP

Ukraine holding out for 'lifeline' of coal shipment

Ukraine has made a further request to Australia for a shipment of coal ahead of a "brutal" winter as it deals with invading Russian forces.

AAP

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AAP

WA Libs reject Dutton's nuclear plan in the short term

The WA Liberal Party's energy spokesman says Peter Dutton's plan for nuclear power won't work in the state as he backs coal until renewables can take over.

The Guardian - AU

Coalition’s brave nuke world a much harder sell after new CSIRO report

The agency’s GenCost analysis says a first nuclear plant for Australia would deliver power ‘no sooner than 2040’ and could cost more than $17bn

AAP

Dutton dodging nuclear policy fallout: energy minister

Opposition Leader Peter Dutton is yet to name the sites the coalition will earmark for nuclear power stations, despite claiming communities would welcome them.

AAP

Climate shuffles forward as a major election priority

Climate action is set to be a major election battleground as the coalition puts the finishing touches on its nuclear policy and Climate 200 lists target seats.

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Capital & Main

The Road to a Decarbonized Future or Just Another Lifeline for Fossil Fuels?

With billions in tax credits at stake, Pennsylvania gas producer CNX wants in on the hydrogen revolution

Newslaundry

Know Your Turncoats, Part 18: Coalgate accused, ‘anti-national’ ex-activist, former couple turned rivals

Read previous stories in this series here.

Newcastle Herald

Centennial turns up the heat over Eraring coal supply contract talks

Centennial has been locked in fruitless negotiations with Origin.

AAP

Residents will be fine with nuclear plants, says Dutton

Australians with homes near coal and gas facilities would be receptive to living close to nuclear power plants, the federal opposition says.

The Guardian - AU

Corporate welfare may keep the lights on. But backing Eraring power station will have other costs for the NSW government

Propping up Australia’s largest coal-fired power station could deter investments in renewable energy or batteries. And might other operators now coming begging?

AAP

Coal super tax to be legislated, 'protecting' royalties

Deputy Premier Cameron Dick has ensured future modifications to a Queensland super tax on coal royalties will require legislative changes.

Crikey

Coalkeeper 2.0: NSW Labor to make taxpayers prop up lethal coal power

The NSW Labor government is pursuing its own version of Angus Taylor’s Coalkeeper tax — by forcing taxpayers to prop up an unviable coal-fired power station.

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