Updated daily
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OECD formally approves ban on unabated coal
26 Oct 2021A landmark deal has been struck by Organisation for Economic Co-operation and Development (OECD) countries to formally ban export credit support for unabated coal-fired power plants, but campaigners are calling for the group to widen the scope of the restrictions. . ...Read More
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Australia’s oldest open cut coal mine to be transformed into major renewables hub
26 Oct 2021Plans to repurpose the Muswellbrook coal mine in the New South Wales Upper Hunter region have grown from a pumped hydro project to a renewable energy precinct, potentially adding solar, battery storage and green hydrogen to the mix at the site of Australia’s oldest open-cut mine. . ...Read More
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China Plans New Limits on Coal Prices in Fix for Energy Crisis
26 Oct 2021China is considering setting new limits on movements in coal prices that could help ease the nation’s energy crisis, though would threaten to curb profits in the sector. . ...Read More
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Australian net-zero deal: government plans to expand coal, gas use and exports
26 Oct 2021Australian Prime Minister Scott Morrison’s pledge that net zero emissions will not lead to a decrease in the use or trade of coal and gas reveals that his government has no plans to change its role as a key blocker of global climate progress, Greenpeace Australia Pacific said. . ...Read More
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Railways increase coal rakes to 487/day to cover up deficit
25 Oct 2021Amidst coal shortage at thermal power plants, the Indian Railways has ramped up the coal rakes carrying the dry fuel across the country from 435 rakes per day at the end of September to 487 rakes daily as of October 22. . ...Read More
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China to cut fossil fuel use to below 20% by 2060
25 Oct 2021China is targeting a clean energy goal of reducing fossil fuel use to below 20% by 2060, according to an official plan published by state media. . ...Read More
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China's state planner urges coal firms to meet contractual obligations
25 Oct 2021China's state planner on Monday said it has urged coal companies to strictly perform their contractual obligations as it continues to take measures to boost supplies and steady soaring prices. . ...Read More
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COVID-19 cases in Inner Mongolia affect ports, but coal imports from Mongolia set to jump
22 Oct 2021New COVID-19 cases in North China’s Inner Mongolia Autonomous Region are likely to affect China’s coal imports from its increasingly significant coal supplier Mongolia due to disruptions at some major ports, according to sources on Wednesday, further raising concerns over coal supply in China as officials moved to address shortages and price hikes. . ...Read More
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Shanghai aluminum drops as falling coal prices ease supply worry
22 Oct 2021Shanghai aluminum prices fell to their lowest in over a month on Friday as a drop in coal prices in China eased concerns of supply shortage in the metal. . ...Read More
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China coal prices dive 11% as Beijing plans to intervene to ease power crunch
22 Oct 2021China's thermal coal futures slid 11% on Friday, extending losses since Tuesday when they toppled off record highs after Beijing signalled it would intervene to cool surging prices to help electricity producers out of a widespread power crunch. . ...Read More
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Aurizon to buy One Rail Australia for $1.75 billion to cut coal exposure
22 Oct 2021Aurizon Holdings Ltd said on Friday it would buy One Rail Australia (ORA) for $1.75 billion as it looks to diversify from coal and add bulk capacity, though the outlay and worries about the impact on earnings sent shares 7% lower. . ...Read More
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Plan Calls for Vietnam’s Coal Power Production to Double by 2030
21 Oct 2021A government plan in Vietnam calls for the country’s use of coal for electricity production to increase by 100 percent by 2030. . ...Read More
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COP26: Document leak reveals nations lobbying to change key climate report
21 Oct 2021A huge leak of documents seen by BBC News shows how countries are trying to change a crucial scientific report on how to tackle climate change. . ...Read More
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China coal futures skid on signs of govt intervention
21 Oct 2021China's thermal coal futures fell the maximum permitted 11% at the start of trade on Thursday, extending losses run up since Tuesday when Beijing signalled it might intervene to cool prices. . ...Read More
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Power crisis: Govt looks to revise coal stocking norms for thermal plants
21 Oct 2021In a bid to avert power crisis being triggered in the country due to fuel shortages in the months following monsoon rains, . ...Read More