China’s coal shipments from Australia due to a severe coal shortage last year

coal-shortage

While Indonesia’s decision in January to restrict thermal coal exports might have a short-term impact on China’s energy supply, the Lunar New Year break is expected to mitigate any long-term effects. Power exports have been suspended by the world’s largest coal exporter this month to avert severe power outages in the Southeast Asian nation. There […]

Indonesian coal miners demand an end to a government coal export ban

coal-export-ban

Coal miners in Indonesia want the government’s coal export ban quickly lifted since it has caused fuel costs to soar and threatens to disrupt the energy supply in some of the world’s most developed nations. Anxieties about its ability to satisfy its own electricity needs prompted Indonesia’s biggest thermal coal exporter, Indonesia, to threaten to […]

Coal is Dying at 3X speed: Government’s Transition Plan Needed!

coal

According to a report released last week by the Australian Energy Market Operator, coal is likely to be totally phased out of Victoria’s electrical system by 2032, with most other parts of Australia not far behind. The research, dubbed the 2022 Integrated System Plan, confirms what many of us in the energy policy community have […]

Mining Tragedy Russia’s Deadliest Since 2010, In Same Area

Listvyazhnaya-coal-mine

Siberian authorities have put five persons in detention for two months in connection with the mining tragedy that killed more than 50 people earlier this week, reports the Siberian Times. It has been announced that three supervisors of the Listvyazhnaya coal mine have been sentenced to stay in detention until the end of January on […]

China’s $200 Billion Special Credit Facility To Boost Clean Coal Usage

Clean-Coal-Usage

Chinese authorities announced on Wednesday that they would establish a unique lending facility worth 200 billion yuan ($31.36 billion) to support the clean and efficient use of coal. The announcement came following an executive meeting presided over by Premier Li Keqiang and represents yet another significant financial support for the country’s carbon emissions reduction efforts. […]

Whitehaven Coal Lost 1.6% And New Hope 1% In A Somewhat Stronger Market

Whitehaven Coal

The announcement of a global agreement to cut coal use weighed on the shares of mining companies on Monday, but a lack of the commodity gave support for a sector that has made enormous gains so far this year. The UN climate negotiations in Glasgow finished on Saturday with a pact aimed at reducing fossil […]