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Hi-tech Coal plants good news for locals amid global warming debate

September 14, 2015

The research, produced by the UK’s IEA Clean Coal Centre and obtained by The Australian, is significant as the hi-tech plants typically emit 20 to 25 per cent less carbon dioxide than existing power stations.

France ends aid for Coal exporters

September 14, 2015

The French government has announced cuts to subsidies for companies exporting coal technology abroad as the country seeks to position itself as a environemental leader ahead of high-profile climate change talks in December.

New EPA Rules Motivate Montana to Look Beyond Coal

September 11, 2015

Colstrip, Mont., is true to its name — it exists because of coal. "Our coal's getting deeper, like everywhere else, because everybody's mining. They're getting into the deeper stuff," says Kevin Murphy, who has worked in the Rosebud Mine for 15 years running a bulldozer in the open pits.

Coal scam accused brought 1.25 crore, robbed

September 11, 2015

Investigating a INR 1.25-crore robbery on September 8 in Delhi’s Kamla Market, police have found that the money belonged to R S Rungta, a director in Jharkhand Ispat Pvt Ltd (JIPL), who is on trial in the coal block allocation case. Rungta’s driver is among seven arrested for the robbery, police said Thursday. Joint Commissioner of Police (Central range) S K Gautam confirmed Rungta was the target in the robbery. Police sources said Rungta initially claimed that he lost INR 15 lakh. But he later said the exact amount was INR 1.25 crore, something mentioned in the FIR. “The complainant (Rungta’s employee Prabhay Mahto who had brought the money) told police that Rungta had asked his associate, based in Jharkhand, to send a parcel to him as he was closing a land deal in Gurgaon,” police sources said.

California University divests $200m from Coal and tar sands holdings

September 11, 2015

The University of California has sold off $200m (£130m) of coal and oil sand investments from its $98bn investment fund less than a year after initially refusing to do so.

Feds, Duke Energy Settle on Pollution at Coal-Burning Plants

September 11, 2015

Duke Energy and the Obama Administration are settling a 15-year-old lawsuit over claims that the largest U.S. electric company violated federal clean air laws by modifying coal-fired power generators without required air pollution control equipment, company and administration officials said Thursday.

UC sells off $200 million in Coal and Oil sands investments

September 10, 2015

The UC system has sold off its endowment and pension fund holdings in coal and oil sands companies, a $200-million move that officials said Wednesday was in response to both environmental concerns and rising financial risk in those industries.

U.S. Slashes Coal Production Forecast to Near Three-Decade Low

September 10, 2015

The U.S. Energy Information Administration lowered its outlook for coal production for a seventh time this year, projecting that output will slide to levels not seen since the mid-1980s.

Coal Association Expects Fledgling AIIB to Support Projects

September 10, 2015

The World Coal Association’s chief executive expects the fledgling Asian Infrastructure Investment Bank to support coal projects once the China-backed development bank begins lending.

CSX Tempers Outlook to Reflect Extended Coal Slide

September 10, 2015

Freight railroad CSX Corp. on Wednesday tempered its outlook for 2015, citing an extended slump in coal markets.

Mother of 12-yr-old sacrificed for turning Coal into refuses INR 10 lakh blood money, fights for justice

September 09, 2015

In 2014, 12-year-old Zakir was sacrificed "to turn coal into gold". The accused, Irfan, had bought a new house and found a heap of coal buried in it. Then a tantrik told him to specifically sacrifice a 12-year-old so that the coal turns to gold. He kidnapped Zakir and killed him in the new house. But after a trip to Hajj last year, Irfan admitted to his crime and offered INR 10 lakh as blood money. Zakir's mother Parveen, however, refused and has been steadfast in her resolve that only the court can do her justice. 

Coal is Amazing ad becomes target for ridicule

September 09, 2015

From clean coal carolers to the Coen brothers take on coal as "a breath of fresh air" (wait, that one was a spoof), we've seen strange things happen when the coal industry tries to create a new image.

Powerful New Film Captures Big Coal’s Enduring Trauma

September 09, 2015

While recent headlines hastily declare the death of King Coal, a powerful new documentary based on seven years of investigation poignantly captures the complexities and largely overlooked stories of the enduring trauma of the coal industry on miners, their families, affected neighbors and the ravaged communities and Appalachian mountains they call home.

Cleaning Coal instead of wishing it away

September 09, 2015

The World Bank recently announced that short of exceptional circumstances, they would no longer fund coal in developing regions. The U.S. and other nations are also contemplating, if not making, similar choices, driven in part by concerns about climate change. This view may be impractical, if not myopic, given that at least for India, coal isn’t going away anytime soon. Even with a very high Renewable Energy (RE) future, there will be an inevitable growth of energy from base-load power sources, which will likely be coal.

Phasing out Coal could happen, says Sierra Club rep who will speak at Alberta climate summit

September 08, 2015

If Alberta wants an early phase out coal-fired electricity plants, there are lessons to be learned from environmentalists who negotiated the closure of a TransAlta Utilities plant in the United States, says lawyer Bruce Nilles of the U.S. environmental organization, the Sierra Club.

BHP expects Coal rebound and makes move in Borneo

September 08, 2015

BHP Billiton is set to ramp up its focus on Indonesian coal, revealing it will open a second mine on Borneo within two years as it predicts a rebound in global markets.

UPDATE 1-China August Coal imports drop nearly 18 pct on month

September 08, 2015

China, the world's largest coal buyer, imported 17.49 million tonnes of the fuel in August, down 17.7 percent from July, with already weak demand affected by a currency devaluation that made foreign coal more expensive.

Poor demand, excess supply sends Coal off-take ratio to multi-year lows

September 08, 2015

In a dramatic turn of events, Coal India Ltd, the biggest producer of coal in India, is facing difficulty in finding sufficient buyers on its e-auction platform. In July, only 68% of the coal offered in e-auction found takers, a note from Motilal Oswal Securities Ltd says. In July 2014, that ratio was at around 90%.

Coal output on a high but demand dries up

September 07, 2015

Just three years after India's power sector faced a fuel crisis, the domestic coal availability at thermal power plants has reached an all-time high. However, this is unlikely to translate into equivalent power availability, given that the country's power distribution companies are suffering heavy losses.

Indias Modi Tells Coal Power Plants to Subsidize Solar

September 07, 2015

Prime Minister Narendra Modi’s government has ordered some of India’s oldest coal-fired power plants to help make solar farms more competitive by bundling together electricity from both technologies for sale to the grid.


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