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The Latest Breaking News from Coal

Afternoon Update: national cabinet agrees to cap gas, coal prices; Covid cases rising; and South Koreans getting younger

Gas and coal prices will be capped, and relief is coming on energy bills, as parliament is recalled

The Guardian - AU

Will price caps on coal and gas bring power prices down? An expert isn't so sure

In a bid to arrest escalating power prices, Australia’s federal, state and territory governments have agreed to impose caps on the wholesale price of coal and gas.

The Conversation

Coal and gas prices to be capped as national cabinet strikes deal

The government expects its energy market intervention will spare the average household from $230 in otherwise expected price hikes next year, as national cabinet agrees to impose price caps on gas and coal.

ABC News

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Big battery roll-out likely to pick up pace

The development of big batteries and long duration storage will be prioritised under an agreement between energy ministers to accelerate the switch from coal to renewables.

Newcastle Herald

Finally — Morrison and Taylor’s CoalKeeper is dead. Now to end the addiction to coal

Australia will have a dispatchable power capacity mechanism but no CoalKeeper, signalling the end of a toxic era of energy policy.

Crikey

Vanguard quits clean energy group after 13 states complain

One week after 13 Republican state attorneys general asked federal energy officials to consider blocking Vanguard Group from buying utility stocks because of its relationships with anti-coal and anti-natural gas activists, the Malvern, Pennsylvania-based investment giant has pulled out of an international group committed to reducing net greenhouse gas emissions…

The Philadelphia Inquirer

Coal cap looks wrong, but realistic examination of power grid is long overdue

Blaming coal for the electricity grid's conversion crisis

Newcastle Herald

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Advocates urge Congress to update black lung program

WEKU

Wide support for National Transition Authority

Energy companies and unions have expressed broad support for a Greens' proposal to establish a national transition authority to manage the energy transition.

Newcastle Herald

Surging energy prices are really going to hurt. What can the government actually do?

Picture this. You’re in government for the first time in more than a decade. And within six months, you’re facing a diabolical problem: skyrocketing energy prices. To your constituents, it doesn’t matter that the root cause is a war in Europe. What they’ll see is pain – electricity and gas…

The Conversation

Anthony Albanese urges national cabinet to endorse unprecedented intervention to cap coal and gas prices

As the year's end draws near, the prime minister convenes national cabinet, asking it to impose a price cap on coal and gas, fearing worse price spikes in 2023.

ABC News

Labour says it would stop Cumbria coalmine from opening

Ed Miliband vows party will seek to prevent ‘climate-destroying’ plan and if elected would deliver green jobs

The Guardian - UK

Report criticises coal price cap and says gas the real driver of power prices

"A price cap on coal is a short term political fix, not the solution it is being portrayed as, and it may actually make things worse.

Newcastle Herald

Michael Gove accused of 'vandalism' over new coal mine and blasted by Speaker

A Commons debate on the approval of the UK's first coal mine in decades descended into chaos after Speaker Sir Lindsay Hoyle savaged Levelling Up Secretary Michael Gove for failing to provide a copy of the statement

Daily Mirror

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The Conversation

Cumbria coal mine: empty promises of carbon capture tech have excused digging up more fossil fuel for decades

The idea that a technology called carbon capture and storage (CCS) could catch molecules of CO₂ as they emerge from the chimneys of power stations and factories has been around for more than two decades. Michael Gove, the secretary of state responsible for “levelling up” the UK’s regions, recently justified…

The Guardian - UK

Cumbria coalmine is owned by private equity firm with Caymans base

West Cumbria Mining, which set up Whitehaven office during push for new mine, owned by EMR Capital

The National (Scotland)

Michael Gove apologises to Speaker after ‘thinnest statement ever’ on new coal mine

MICHAEL Gove has apologised to the House of Commons after the Speaker accused him of failing to follow the ministerial code when making a…

The Guardian - AU

Big energy users not holding their breath on national cabinet help amid ‘outrageous’ prices

Companies hoping, but not expecting, Albanese government can implement price caps on gas and coal

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Reuters

'Burn everything': Poland chokes on the smog of war

The Tkaczuk family moved from the Polish city of Krakow to the village of Olpiny in the Carpathian foothills in 2018 in search of cleaner country air.

Evening Standard

West Cumbria Mining: What is coking coal and why are critics against a new mine?

This will be the first mine to open in the UK in 30 years, much to the dismay of climate change activists

AFP

Fresh protests in Mongolian capital after coal corruption arrests

Ulaanbaatar (AFP) - Protesters took to the streets of Mongolia's capital for a fifth day Thursday after the arrests of officials allegedly tied to a coal industry embezzlement scandal that has sparked public outrage.

The Independent UK

Commons suspended in row over Michael Gove’s Cumbria coal mine statement

‘This is not the way we do good government,’ the speaker fumed at Gove

Reuters

Mongolians brave bitter cold to protest 'coal theft' corruption

Mongolian protesters gathered in the capital in temperatures well below freezing on Thursday to denounce perceived government corruption for a fifth day, even after the arrests of eight officials suspected of so-called coal theft.

The National (Scotland)

'Reckless climate vandalism': Michael Gove slammed for approving new coal mine

THE Scottish Greens have said the UK Government has “bulldozed a Westminster sized hole” into its net zero commitments after approving the first…

The Guardian - UK

New Cumbria coalmine ‘like opening a Betamax factory’, says Tim Farron

Cumbrian Lib Dem MP condemns decision to give green light to Britain’s first new coalmine in 30 years

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