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Tag: coal
Will doubling Indias coal tax boost the clean energy sector?
2016-04-01 09:01:00| Climate Ark Climate Change & Global Warming Newsfeed
Climate Home: In the recently announced Union Budget speech, the Modi government doubled the carbon cess [tax] on coal, lignite and peat from US$ 2.96 per tonne to $5.94 per ton. This is the third time the cess is doubled since it was introduced. A move that began as a minor redistribution policy of taxing production of coal/lignite/peat (both domestic and imported), initially at $0.74 per tonne in 2010, aimed at redistributing revenue to fund clean energy projects in India. A pricing policy which started...
Rapid decline of coal use leads to drop in UK emissions
2016-03-31 12:46:00| Climate Ark Climate Change & Global Warming Newsfeed
Guardian: Plummeting coal use in 2015 led to a fall of 4% in the UKs annual carbon dioxide emissions, according to government energy statistics published on Thursday. Coal is now burning at its lowest level in at least 150 years. The closing of old polluting coal-power stations and the rapid rise in renewable energy meant coal consumption fell by 22% compared to 2014, the biggest drop ever seen outside of miners strikes, according to analysts at Carbon Brief. Production of coal in the UK also fell to...
Technology to make clean energy from coal is stumbling in practice
2016-03-30 13:59:00| Climate Ark Climate Change & Global Warming Newsfeed
New York Times: In the first large-scale project of its kind, the plant was equipped with a technology that promised to pluck carbon out of the utility's exhaust and bury it underground, transforming coal into a cleaner power source. In the months after opening, the utility and the provincial government declared the project an unqualified success. But the $1.1 billion project is now looking like a green dream. Known as SaskPower's Boundary Dam 3, the project has been plagued by multiple shutdowns, has fallen...
Tags: make
technology
practice
energy
Coal power glut puts $US1 trillion investment at risk
2016-03-30 13:59:00| Climate Ark Climate Change & Global Warming Newsfeed
Sydney Morning Herald: The equivalent of 1500 coal-fired power stations are being developed worldwide despite the declining use of electricity generated from coal, pointing to a potential waste of capital of almost $US1 trillion, according to a report funded by three anti-fossil fuel groups. The startling figures from the study carried out for CoalSwarm, Sierra Club and Greenpeace. They are to be released on Wednesday as local environmentalists ramp up their lobbying amid concern the Indian government will press for...
Tags: power
risk
investment
puts
$1tn could be wasted on 'unneeded' new coal plants, report warns
2016-03-30 07:00:00| Climate Ark Climate Change & Global Warming Newsfeed
Guardian: Almost $1tn of investment in new coal-fired power stations could be wasted if growing concerns about climate change and air pollution leave the plants unused, according to a new report. About 1,500 new coal plants are in construction or planning stages around the world but electricity generation from the fossil fuel has fallen in recent years, the detailed report from the Sierra Club, Greenpeace and CoalSwarm found. In China, existing plants are now used just 50% of the time, coal use is falling...
Tags: report
plants
coal
wasted
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