Tag "coal"

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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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Coal not coming back, Appalachian Power president says

Coal consumption is not likely to increase, regardless of whether new federal regulations on power plants go into effect, and, from coal’s perspective, the national debate on coal and climate change has largely been lost, the president of West Virginia’s

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Bill Gates calls fossil fuel divestment a ‘false solution’

Bill Gates has branded fossil fuel divestment “a false solution” and accused environmentalists of making misleading claims about the price of solar power. In an interview with US magazine the Atlantic, the founder of Microsoft and the Gates foundation criticised

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Greenpeace says can find cash to buy Vattenfall coal assets

Greenpeace is exploring funding options to buy Vattenfall AB’s lignite operations in Germany as it seeks to shut the power plants and prevent others from starting new coal mines. The environmental group wants to start discussions with Vattenfall after the

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Coal investment is the most urgent climate threat

Secretary-general of the Oecd, Angel Gurría, last July says wealthy countries should help poorer nations that cannot afford to replace coal with low-carbon alternatives. The future of coal has come under scrutiny from a perhaps unlikely source – the head

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The role of coal in Europe

The interactive Coal Map of Europe gives an overview of the role of coal in our electricity system. It maps different aspects of the coal business, ranging from where the coal plants are located to the health and climate impacts,

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Coal burning costs UK between £2.5bn and £7bn from premature deaths

Deaths related to emissions from coal cost the UK economy between £2.47bn and £7.15bn in 2013, according to a comprehensive overview of coal production in Europe. The figure, which includes mortality costs from coal-related respiratory and cardiovascular illnesses, such as

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Coal’s Devastation

Scholars may never understand the energy source’s full economic cost, but that doesn’t make its damage any less knowable. In Anthony Doerr’s “All the Light We Cannot See”, a radio broadcaster marvels at the wonder of coal: Consider a single

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Coal giant exploited Ebola crisis for corporate gain, say health experts

Public health experts involved in the response to the Ebola crisis have condemned what they described as a ludicrous, insulting and opportunistic attempt to exploit the disease for corporate gain by the world’s largest privately-held coal company. As part of

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