Sentences with phrase «investment in coal»

However, a substantial tax might also bring about the widespread introduction of carbon capture and storage technology, which might enable a new wave of investment in coal - fired generation.

Annual investment in the iron and steel industries dropped by 11 percent last year, with a 14 percent reduction in investment in the coal industry.

In the first three quarters of this year, two - thirds of all new installed capacity came from renewable energy sources, while investment in coal plants dropped 30 percent.

That will make it harder for those generators serving western states to justify new investments in coal - fired facilities.

In particular, they put the brakes on the possibility to use public money for investments in coal - fired power plants.

Investment in coal mining has dried up despite higher prices.

Environmental activists and concerned individuals ask for an immediate freeze of any new investment in coal, oil or gas companies.

In a Tuesday letter to the Yale community, Swensen reported that after months of talking with Yale's external investment managers about the potential risks associated with investments in coal, oil, around $ 10 million of the endowment has been removed from two publicly - traded fossil fuel producers.

The new study finds that as much as 37 % of global investment in coal power plants over the next 40 years could be stranded if action is delayed, with China and India bearing most of these costs.

«Keeping to a 1.5 °C pathway will be impossible unless banks and investors make a speedy and full exit from investments in the coal industry.»

Mylan made the first investment in the coal producing plants in 2011, and expanded its total holdings to 5 plants by 2014.

Update: Financial Risks of Investments in Coal assesses the financial risks of continued reliance on coal for electricity generation.

Yet the loudest applause was reserved for Henri de Castries, chairman of Axa, who announced the withdrawal of the company's investments in coal by the end of the year.

Even without the environmental drive, new railways from mines to ports, falling investment in coal - fired generation and slowing power demand growth could see China's miners export some of their surplus output at competitive prices, hitting regional miners and the viability of new projects.

As part of the largest investment in coal - fueled synthetic natural gas plants in history, the central Chinese government recently has approved construction of nine large - scale plants capable of producing more than 37 billion cubic meters of synthetic natural gas annually.

Compared to other countries, Britain's investment in coal technology is small.

However, «rather than warn the public», the electric industry made long - term investments in coal - fired generation and joined energy industry efforts to block climate regulations - including by lobbying, funding advertisements, and funding scientists skeptical about climate change, the EPI said.

If the government decides to continue subsidising the nuclear industry, future investment in coal and other fuels may be jeopardised.

Most people think it's the oil industry in general that is promoting this FUD but ExxonMobile seems to be the only major oil company standing with the coal industry and their ex-tobacco scientists, could this be because they have heavy investments in coal but it's easier to scare people by telling them the greenies will take away their SUV's?

It's worth noting, however, that the OBOR is «technology agnostic» — and also drives investment in coal.

The cost of production of electricity through utilization of solar energy is outpacing other alternatives as the cost accrued in investing in the installation of solar panels is turning out to be comparatively cheaper than a comparable investment in coal, natural gas or other options, according to a new World Economic Forum (WEF) report.

For example, due to rising coal prices and fixed electricity prices, coal plants have been losing money, causing investment in coal to falter and the construction of many new coal - fired power plants to be delayed.

Even though discussions and debates about the gravity of climate change were already taking place, BNP Paribas has progressively growing investments in the coal sector.

On Friday, May 9th, 2011 two bank branches in downtown Portland, Oregon, one belonging to Bank of America and the other to Wells Fargo, were targeted by approximately 30 activists who showed up to protest the banks» investments in coal projects.

That doesn't stop Oxfam America, the Sierra Club, Friends of the Earth and the Methodist Church jointly lobbying US politicians to prevent investment in coal, oil or gas projects in Africa.

The statement also said that the company will promote an industrial strategy focused on boosting investment in renewable sources, energy efficiency, smart grids and storage systems, as well as «gradually phasing out further investment in coal».

In both cases, the climate tail is wagging the energy dog, with RETs and subsidies rendering investment in coal unviable, leading to gaps in baseload power, grid instability, blackouts and that insufferably high power bill on your kitchen bench.

The Electric Reliability Coordinating Council, a lobbying group that represents energy companies with major investments in coal - fired power plants, has prepared an analysis that cites a study estimating that a phase - out of coal plants could cost consumers $ 13 billion to $ 17 billion a year between 2018 and 2033.

Supporting new coal development greatly undermines President Obama's much - touted climate legacy, including his commitment under the Climate Action Plan to restrict financing coal plants overseas and the recent formal U.S. commitment to the Paris agreement, which aspires to limit global temperature rise to no more than 1.5 degrees Celsius and thus rules out any question of U.S. investment in coal.

Asian markets continued to favour investment in coal power.

The University of Massachusetts announced it will divest all direct fossil fuel holdings and Boston College said it would avoid investments in coal and tar sands.

Even institutions that have already taken steps to divest from the coal industry such as AXA, Allianz or CalSTRS still hold investments in coal plant developers.

The study reflects international trends in investment in coal - burning power plants, with construction of coal - fired power plants slowing in the West since the 1980s but increasing in China, India, and other areas of the developing world.

EPA's recently tightened restrictions, she maintained, are removing certainty from the approval process and are thus discouraging new investments in coal mining.

The fossil fuel divestment campaign began on university campuses in 2011 but the new report reveals that concerns over investments in coal, oil and gas have now entered the financial mainstream, with more than 80 % of the funds now committed to divest being managed by commercial investment and pension funds.

Heintz: Our first step was to exit from investments in coal and tar sands oil, two of the most carbon - intensive fossil fuels.

The prospect for investment in coal, already deteriorating, will weaken even faster.

Business representatives attending the conference said this was an important signal that investments in green technology would be a safe bet, and anyone with investments in coal, in particular, and other fossil fuels in general would be sensible to get their money out as quickly as possible.

The judges unanimously condemned the continued financial support of investments in coal, oil, gas and nuclear, that continue to wreak havoc on the environment and the communities where these investments are made, and issued the following judgement:

Hydropower is already widely used across the region but environmentalists fear the investment in coal could backfire

Hydropower is already widely used across the region but environmentalists fear the investment in coal could backfire as governments may be forced to invest hundreds of millions of euros more to upgrade plants to meet European Union environmental standards as the countries progress toward membership of the bloc.

Enel, the Italian energy giant, has pledged to phase out its investments in coal and aims to lead the power industry's efforts to combat climate change.

Investment in coal - fired plants fell sharply, with nearly 20 gigawatts (GW) less commissioned, reflecting concerns about local air pollution and the emergence of overcapacity in some markets, notably China, though investment remained elevated in India.

And even as nations work to reduce CO2 emissions from fossil fuel consumption, investment in coal, oil and gas production remains high and is expected to hold steady or continue to grow.

Earlier this month, Joko Widodo, the President of Indonesia, pledged to significantly increase his country's investment in coal - fired power stations.

Koch Industries directly competes with renewable energy like wind due to its investments in coal and natural gas industries and has backed front groups and lobbyists attacking pro-renewable energy policies.