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Oregon passes bill to phase out coal, set 50% by 2040 renewable energy mandate

The Oregon Senate passed a bill to require the state’s two large investor-owned utilities to procure at least 50% of their electricity from renewable energy sources by 2040. SB 1547 had already passed the Oregon House. It now goes to

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US electricity industry’s use of coal fell to historic low in 2015 as plants closed

America’s use of coal for electricity dropped to its lowest point in the historical record in 2015, delivering a new blow to an industry already in painful decline. The dirtiest of fossil fuels and America’s biggest single source of climate

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One of the largest coal companies in the united states just filed for bankruptcy

Arch Coal, one of the United States’ largest coal companies, filed for bankruptcy in the hopes of eliminating more than $4.5 billion in long-term debt, according to a press release issued by the company. The news comes as several of

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Why China’s new coal mine moratorium matters

Right at the end of 2015, the head of China’s National Energy Agency made a hugely significant announcement: China will not approve any new coal mine projects for the next three years and will close down a thousand small mines.

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China isn’t approving any new coal mines for the next 3 years

China, the largest coal producer in the world, won’t be approving new mines for the next three years as it grapples with alarming pollution and pursues other energy sources, including nuclear plants. The country announced the move last week, according

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This €1 billion power plant may never be switched on

Germany’s unprecedented energy shift is turning newly built power plants into white elephants that will never produce any electricity. Once the backbone that underpinned growth in Europe’s biggest economy, coal and gas plants are being marginalized in a new world

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Empty promises: G20 subsidies to oil, gas and coal production

G20 country governments are providing $452 billion a year in subsidies for the production of fossil fuels. Their continued support for fossil fuel production marries bad economics with potentially disastrous consequences for the climate. In effect, governments are propping up

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Is solar killing coal in India?

In the run up to this fortnight’s Paris climate summit, India upped its solar power targets – from 20GW to 100GW by 2022, with an additional 75GW of wind to boot. Energy consultants agree that this target will be difficult

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Energy hasn’t been this hot since they invented fire

Nothing in the energy business can compete with oil for volatility, geopolitical drama, or sheer utility. Its low price per barrel, currently under $50, won’t last forever. But it may last through the year ahead.     What will be

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Citigroup, citing climate change, will reduce coal financing

Citigroup Inc., the third-biggest U.S. bank, said it will cut back on financing for coal mining projects, in the latest blow to the industry that’s viewed as a key contributor to global warming. Citigroup said its credit exposure to coal

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