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More German Coal Plant Projects Not Viable, Says Poducer Lobby
2015-04-15 14:37:00| Climate Ark Climate Change & Global Warming Newsfeed
Reuters: The economic viability of some 53 percent or 39 of the power plants planned for construction in Europe's largest economy by 2025 has been called into question, German energy industry association BDEW said in a statement on Monday. The association said investors were nervous because of lacking profitability for coal- and gas-fired power stations because of competing energy supplies from subsidised renewable power, and a tougher carbon emissions regime. A year ago, the BDEW had called into question...
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University of Edinburgh recommended to divest from coal and tar sands
2015-04-15 12:41:00| Climate Ark Climate Change & Global Warming Newsfeed
Blue and Green: The University of Edinburghs central management group has received a recommendation for the educational institution to divest from companies involved coal and tar sands extraction. The divestment campaign is calling on the university to go further and cut out all fossil fuels. A Fossil Fuel Review Group was established following a public consultation, in which the majority of respondents supported divestment from fossil fuels and arms. The coal and tar sands divestment recommendation will be...
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Coal is dying all by itself
2015-04-14 23:18:00| Climate Ark Climate Change & Global Warming Newsfeed
Grist: Coal, the No. 1 cause of climate change, is dying. Last year saw a record number of coal plant retirements in the United States, and a study last week from Duke University found that Even China, which produces and consumes more coal than the rest of the world put together, is expected to hit peak coal use within a decade, in order to meet its promise to President Barack Obama to reduce its carbon emissions starting in 2030. According to Sen. Mitch McConnell (R-Ky.), this is all the fault of President...
Coal makes comeback thanks to carbon price repeal, emissions rise
2015-04-13 16:00:00| Climate Ark Climate Change & Global Warming Newsfeed
Age: Tony Abbott has seized the chance to gloat about the fall in electricity prices since the carbon price was scrapped, so it's only fair we acknowledge another result of this crusade. Nine months after the carbon price was repealed, the good times are back for some of the most carbon-intensive electricity generators in the developed world. Carbon emissions from electricity had been steadily falling for a couple of years but since the rollback in July, this trend promptly reversed. Carbon emissions...
China's coal imports fall nearly half 12 months as anti-pollution drive bites
2015-04-13 06:16:00| Climate Ark Climate Change & Global Warming Newsfeed
Guardian: Chinas coal imports fell by nearly half in the first three months of the year as the slowing economy and tougher rules on pollution took their toll. Imports by the worlds biggest coal consumer reached 49.07m tonnes in the first quarter, a fall of 42% on the same period a year ago according to data from the Chinese customs office. Trade figures for March showed that imports were down overall by 12.3% while exports badly missed expectations, falling 15% from a year earlier. Coal imports...
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