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The Latest Breaking News from Coal

Treasurer Cameron Dick all smiles as coal fight results in billions flowing into Queensland’s budget

Labor’s voter-pleasing cost-of-living handouts, new housing and health funding have now been linked to increasing royalties on mining profits

The Guardian - AU

Record-breaking budget surplus to deliver rich rewards

Soaring gas and coal prices have led to a record breaking surplus of $12.3b in Queensland, to be largely channelled into relieving cost of living pressures.

The New Daily

Queensland state budget 2023 winners and losers: parents, households prioritised over coal lobby’s campaign

Treasurer Cameron Dick unveils what he says are the most generous electricity rebates of all the states and territories

The Guardian - AU

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Queensland budget 2023: coal royalty boom funds $550 energy rebate, free kindergarten and a record surplus

State’s treasurer Cameron Dick says $10bn revenue windfall will help pay for the nation’s most generous energy relief scheme

The Guardian - AU

3 Coal Stocks to Add to Your Summer Watchlist

Given coal’s demand, availability, and reliability, the coal industry is expected to witness growth despite the increased focus on renewable energy sources. Therefore, investors could watch fundamentally strong stocks China Shenhua Energy (CSUAY), SunCoke Energy (SXC), and Hallador Energy (HNRG) this summer. Keep reading….

StockNews.com

UK heatwave prompts National Grid to fire up coal plant to meet aircon demand

National Grid asks for two units at Ratcliffe-on-Soar plant to be brought into action after temperature tops 30C

The Guardian - UK

Private hands would derail high-speed train

Email letters@newcastleherald.com.au or send a text message to 0427 154 176 (include name and suburb).

Newcastle Herald

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Man fears flats will block daylight to Arnold house built by his dad

His family has owned the home since building it in the 1960s

Nottingham Post

Chief Minister announces ₹700 crore Dasara bonus for Singareni workforce; increase of monthly pension for physically challenged persons

Chief Minister K. Chandrasekhar Rao announces in Mancherial that the SCCL would be paying out a Dasara bonus of Rs. 700 crore this year

The Hindu

James Watt, sharp-tongued interior secretary under Reagan, dies at 85

The Reagan administration's sharp-tongued, pro-development interior secretary was beloved by conservatives but ran afoul of environmentalists. Watt even managed to offend Beach Boys fans.

WEKU

Switching from coal power contracts to renewable energy can save Kerala ₹9,000 crore in five years, says study

A report on the findings, released here on Friday, recommended that the State go in for a phased energy transition plan with the goal of phasing out coal power purchases by 2030

The Hindu

Jharkhand: 1 dead, several feared trapped after coal mine collapses in Dhanbad

At least one person died and several others are feared trapped after a portion of BCCL (Bharat Coking Coal Limited) open mine collapsed on Friday. Read further on Dynamite News:

Dynamite News

James Watt, sharp-tongued and pro-development Interior secretary under Reagan, dies at 85

Reagan administration Interior Secretary James Watt has died at age 85

The Independent UK

ED issues summons to Abhishek after grilling his wife

TMC Leader Abhishek Banerjee’s wife questioned by ED in coal pilferage case

The Hindu

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The Guardian - AU

Do the fossil fuel industry’s claims of Australia’s gas-fired future stack up?

Appea’s assertion that gas is indispensable is ludicrous when it’s renewables that are replacing coal

The Hindu

Cabinet approves ₹2,980 crore for Exploration of Coal and Lignite scheme

The time period for the extension is from 2021-22 to 2025-26 co-terminus with the 15th Finance Commission cycle

The Independent UK

Germany alarmed by detention of Vietnam climate activist, warns on coal phase-out pact with Hanoi

The German government says it is concerned by the recent detention of a prominent environmental campaigner in Vietnam

Chicago Sun-Times

It’s a myth that burning fossil fuels is a reliable way to generate power

Too often, the operators of fossil fuel plants that emit greenhouse gases can’t perform when customers need them most, a CUB leader writes. They shouldn’t be off the hook for fines when they fail on our power grid.

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The Conversation

South Africa's power crisis will continue until 2025 - and blackouts will take 5 years to phase out

South Africa is in the middle of a severe electricity crisis, with enforced power cuts that have worsened every year. Electricity is sometimes unavailable for 10 hours a day. The shortfall is the consequence of frequent breakdowns at its ageing coal power plants, which constitute 74% of the country’s generating…

Bangkok Post

TPIPP to phase out coal-fired power generation by 2026

TPI Polene Power Plc (TPIPP), Thailand's largest waste-to-energy project developer and operator by capacity, will continue to allocate its five-year capital spending of 14 billion baht to replace its coal usage with renewable energy and boost its power generation capacity.

The Hindu

India will not face any shortage of coal this year: Coal Minister Pralhad Joshi

Union Minister of Coal and Mines Pralhad Joshi assures that India will not face any shortage of coal this year even during the monsoon

Daily Mirror

Keir Starmer warns UK must seize green jobs or risk repeat of coal mining mistakes

The Labour leader said future generations 'will never forgive us' for failing to modernise as he sought to smooth tensions with the GMB union, which has criticised his plans to block new North Sea oil and gas developments

The Independent UK

We won’t repeat mistakes of coal pit closures with North Sea oil, Keir Starmer says

Labour leader pledges state investment in green jobs to replace fossil fuels

Newcastle Herald

'Illogical, irrational and unlawful': Minister taken to court over Hunter mine ruling

The Mt Pleasant expansion plan will extend the mine's life by 22 years

The New Daily

Minister taken to court over ‘mega’ coalmine approvals

Activists are taking federal Environment Minister Tanya Plibersek to court for not accepting the climate risk of three proposed coalmine expansions.

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