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Australia unveils emissions reduction target ahead of Paris talks

Conservative Prime Minister Tony Abbott announced cuts to Australia’s greenhouse gas emissions that were immediately criticized by environmental groups and opposition politicians for lagging behind other advanced economies. The world’s largest exporter of coal and iron ore will cut emissions

How oil flows in and out of every major region around the world

Every major economy around the world is fueled by oil. But most of them don’t produce the oil they use. In its new “Statistical Review of World Energy” report, BP included a map tracking oil trade flows around the world.

Which countries in the world use the most coal to generate electricity

Coal is one of the most polluting ways to generate electricity, and regions like Europe have been trying hard in recent years to phase it out. But simultaneous industrialization in other parts of the world has counterbalanced the efforts. China’s

Three years ago this coal mine was worth $624 million. Now it sold for $1

The destructive force of a collapse in world coal prices has been underscored by the sale of a mine valued at A$860 million ($631 million) three years ago for just a dollar. Brazilian miner Vale SA and Japan’s Sumitomo Corp.

Abbott government extends renewable energy investment ban to solar power

A directive banning the Clean Energy Finance Corporation (CEFC) from investing in existing wind technology will also apply to small-scale solar projects, a move that will effectively throttle the industry, the Australian Solar Council said. The federal government confirmed that