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The Latest Breaking News from Glencore

Conservatives insist policies to cut emissions drive up power bills. There’s net zero evidence for that

The International Energy Agency has laid to rest the persistent myth that net zero policies are responsible for soaring energy prices

The Guardian - AU

Mining giant Glencore flew cash bribes to Africa via private jet, UK court hears

Corruption at FTSE 100 firm described as endemic at sentence hearing

The Guardian - UK

Tesla Explored Minority Stake In Glencore, TuSimple Fires Its CEO Amid Regulatory Scrutiny, Twitter Could Reportedly Lose A Fourth Of Its Employees After Takeover: Top Stories Monday, Oct. 31

Washington Post

Benzinga

From analysis to the latest developments in health,
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Climate arguments against fossil fuels get stronger, but so does demand for Hunter coal

Squaring the circle on coal and energy

Newcastle Herald

Heritage halts NSW coal mine expansion

Glencore's application to expand its Glendell coal mine has been refused by a NSW planning panel, citing irreversible damage to Aboriginal cultural heritage.

AAP

Liz Truss’s chief of staff still owns 10% of Lynton Crosby’s lobbying firm

Exclusive: Mark Fullbrook’s stake in CT Group while holding Downing Street role creates potential conflict of interest

The Guardian - UK

Council’s stance against fracking branded ‘hypocritical’ due to ‘dirty’ pension fund links

The Greater Manchester Pension Fund has millions invested in companies involved with the production of fossil fuels

Manchester Evening News

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Methane emissions from natural gas flaring underestimated fivefold, US study calculates

Methane emissions from natural gas and oil wells are usually burnt to convert the fugitive gas to carbon dioxide and water vapour. But new research shows the US fossil fuel industry has underestimated how much methane escapes.

ABC News

Experts Say EV Battery Bottlenecks Will Work Themselves Out

While a predicted EV battery shortage could hinder automakers, efforts on the supply and demand side should help ease any major disruptions to EV adoption.

InsideEVs

Aboriginal massacre painting 'too insensitive' for cultural centre

Singleton Council has deemed a painting depicting a nineteenth Aboriginal massacre on the town's outskirts 'too insensitive' to show at the local arts and cultural centre.

Newcastle Herald

Under pressure to curtail its emissions, the gas industry is on a PR spree. But is it all hot air?

A new term – renewable gas – has emerged. But to claim the industry is ‘well on the way to decarbonising’ is questionable

The Guardian - AU

As EVs drive a mining revolution, will Australia become a battery minerals superpower?

A cocktail of minerals is needed to make EV batteries and Australia has them in abundance. But will the country capitalise on its natural resources advantage?

ABC News

Economy and Society, August 9, 2022: NYC newspapers differ over ESG and its opponents

Economy and Society is Ballotpedia’s weekly review of the developments in corporate activism; corporate political engagement; and the Environmental, Social, and Corporate Governance (ESG) trends and events that characterize the growing intersection between business and politics.

Ballotpedia

'Low act': Water pump theft condemned by recovering community as mining company praised

"When the Bulga Coal boys told me someone had stolen a pump I couldn't believe it. Just disgusting."

Newcastle Herald

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Newcastle Herald

Chinese owner seeking full control of big Hunter miner Yancoal

Battle for control of Yancoal

Newcastle Herald

Coal giant's plans in 'historic' limbo

Stoush between state government departments and advisory council revealed in coal mine application case

The Guardian - AU

Mining giant Glencore’s Australian PR blitz forgets the coal driving the climate crisis

The company’s new campaign trumpets that it is ‘laying the foundations for a low carbon future’ – without mentioning the nearly $1bn it spent on coal production in 2020 and 2021

Reuters

Chad creditors to meet this week; IMF calls on Glencore to 'step forward'

Chad's official creditor committee will meet this week amid growing pressure from the International Monetary Fund and others for progress on the country's request for debt restructuring, two sources briefed on the matter said.

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Crikey

Why the true cost of driving green will be paid in Africa and developing nations

The rush to transition to electric vehicles is fuelling an insatiable hunger for resources from developing countries.

Newcastle Herald

Plans to extend mine near Singleton until 2050 forging ahead

Yancoal and Glencore say their joint venture, Hunter Valley Operations near Singleton, is good for another 400 million tonnes of coal.

Newcastle Herald

Hunter council leaders 'confident' after ministerial meeting

Representatives from Singleton, Muswellbrook, Cessnock and Lake Macquarie councils were part of a roundtable meeting with federal MP Kristy McBain last week.

Benzinga

BMO Capital Maintains Market Perform Rating for Century Aluminum: Here's What You Need To Know

BMO Capital has decided to maintain its Market Perform rating of Century Aluminum (NASDAQ:CENX) and lower its price target from $14.00 to $9.00. Shares of Century Aluminum are trading down 14.52% over the last 24 hours, at $7.30 per share.

The Guardian - UK

Glencore pleads guilty to bribery related to African oil operations

SFO says subsidiary of commodity trading company will be sentenced in November

Evening Standard

Glencore commodities trading on course for record profits

Glencore’s profits from trading commodities is set to reach a record high as the company lines its pockets in the wake of soaring energy and raw materials prices.

The Guardian - AU

David Littleproud’s coal case study to defend Coalition energy policy is something of a credibility stretch

Even if Millmerran power station’s carbon capture plan succeeds, it will only eliminate 2.1% of emissions. Plus: nuclear still costlier than renewables

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