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Tag: coal
Lights are going out for coal - humans starting fight back against global warming
2015-03-21 09:00:00| Climate Ark Climate Change & Global Warming Newsfeed
Telegraph: Perhaps I should cross my fingers before writing this, but it just may be that we have slipped, virtually without noticing, past a landmark in environmental and industrial history. Preliminary figures suggest that last year, for the first time, global emissions of carbon dioxide from burning fossil fuels failed to rise despite economic growth. Even more surprisingly, emissions seem to have fallen in China. If confirmed, these developments only recently thought beyond the bounds of practical...
Tags: back
global
starting
fight
Peabody Energy Earns Neutral Rating With The Coal Market Remaining Weak
2015-03-21 01:52:32| Industrial Machines - Topix.net
I do not foresee thermal and met coal fundamentals to improve meaningfully in 2015. Low natural gas prices and tough environmental regulations will continue to encourage natural gas-fired electricity generation in the U.S., which will reduce thermal coal demand.
Tags: rating
market
energy
remaining
Why Investors Should Think Twice before Investing in Coal in India
2015-03-19 19:23:00| Climate Ark Climate Change & Global Warming Newsfeed
Inter Press Service: In November last year, India's power minister Piyush Goyal announced that he plans to double coal production in India by the end of this decade and, in an effort to enhance production, the Indian government has started a process of auctioning coal blocks. Coupled with the auctions is the disinvestment of Coal India Limited (CIL), the world's largest coal mining company, and both actions can provide short-term reprieve to India's energy and fiscal deficit woes. However, there are four reasons...
Tags: in
india
investing
investors
Germany plans to force oldest coal plants to cut CO2
2015-03-19 14:37:00| Climate Ark Climate Change & Global Warming Newsfeed
Reuters: Germany plans measures to force operators of coal plants to curb production at their oldest and most-polluting power stations, as part of efforts to achieve its climate targets, senior government sources said on Thursday. Concerned it was on track to fall short of goals to reduce CO2 emissions by 40 percent by 2020 from 1990, the cabinet approved a climate package last December. This included plans to oblige coal operators to slash their emissions by at least 22 million tonnes by 2020, equivalent...
Coal Boomtowns Fade as China Declares War on Pollution
2015-03-18 15:57:00| Climate Ark Climate Change & Global Warming Newsfeed
ClimateWire: The streets of this northwestern Chinese city were once packed with Ferraris, BMWs and other luxury cars. Now, they are all gone. Average housing prices here have dropped by a quarter in two years. Driving across the city's downtown, you see vacant buildings and empty restaurants. "The business of coal companies here turned south since late 2012," Yang Cheng, a local driver, explained while passing by a closed hotel. "Yulin is a coal boomtown," Yang went on. "Once coal businesses are not...
Tags: china
war
pollution
coal
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