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Australia: Rwe Ceo says sudden brown coal exit can't be justified

2015-12-20 06:36:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: German utility RWE is opposed to a sudden exit from brown coal generation, the most polluting fossil fuel, its chief executive told magazine Der Spiegel, adding these plants secured jobs and needed to keep running to pay for their decommissioning. Following the Paris climate accord earlier this month, which aims to curb global warming by reducing the use of fossil fuels in favour of renewables, coal-dependent companies such as RWE have come under pressure to change their business model. "By the...

Tags: australia brown ceo exit

 

Coal withdrawal: Can the nation move away from a top power fuel symptom-free?

2015-12-19 15:00:00| Climate Ark Climate Change & Global Warming Newsfeed

SNL: The share of coal-fired electricity on the U.S. electrical grid has taken quite a fall, but could a further decline result in an unstable power grid? That is the primary message being pushed by some of coal's most ardent defenders and to be sure, coal has long proven a reliable source of baseload power. On the other side, a lot of people are pinning their hopes on the development of technologies that could soothe symptoms of the grid's withdrawal from coal. Bill Nye, a science educator and...

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U.K.'s last deep coal mine closes

2015-12-19 09:58:00| Climate Ark Climate Change & Global Warming Newsfeed

Associated Press: Coal once fueled the British Empire, employed armies of men and shook the power of governments. On Friday, workers at Britain's last operating deep coal mine finished their final shift, emerging -- soot-blackened and live on television news channels -- to cheers, applause and tears. Some of the men carried lumps of coal as mementos from the Kellingley Colliery, 200 miles north of London. The last haul of coal from the pit is destined for a mining museum as a once-mighty industry fades into...

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International Energy Agency sees 'peak coal' as demand for fossil fuel crumbles in China

2015-12-18 21:47:00| Climate Ark Climate Change & Global Warming Newsfeed

Telegraph: Chinas coal consumption has been falling for two years and may never recover as the moment of "peak coal" draws closer, the International Energy Agency (IEA) has said. The energy watchdog has slashed its 2020 forecast for global coal demand by 500m tonnes, warning that the industry risks unstoppable decline as renewable technologies and tougher climate laws shatter previous assumptions. In poignant symbolism, the peak coal report came as miners worked their final shift at Britains last surviving...

Tags: in international china energy

 

After Paris, the future of Australian coal is downhill

2015-12-18 04:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Conservation: The ink is barely dry on the Paris climate agreement and the debate has already started on how the deal will affect the future of fossil fuels, particularly coal. Following the deal on Sunday, the mining industry has responded that Australian coal will remain an important provider of affordable energy to developing countries. The industry argues new low emissions technologies will keep coal in business as the world cuts carbon. Foreign minister Julie Bishop echoed the sentiment in Paris last...

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