Sentences with phrase «coal assets»

Unless these residual emissions can be eliminated through technical advance, then this issue will limit the potential to prevent stranded coal assets by adding CCS later on.

These would by themselves be sufficient to convince many investors to sell coal assets.

Of course, traders may find new opportunities to buy distressed coal assets and make money on a short - term basis.

The flight from high risk coal assets gathered pace, just as the development of high risk oil assets slowed.

As the comparison to global coal budgets illustrate above, Australia will have a vast oversupply of coal assets in a carbon - constrained world, therefore running the risk of being left with significant stranded assets.

-- Net loss of $ 3.0 billion after impairments of $ 14.4 billion, primarily relating to aluminium businesses as well as coal assets in Mozambique.

Despite this performance, Westmoreland Coal (NASDAQ: WLB) just spent around $ 300 million buying coal assets from Sherritt.

Only 7 % of the people in sub-Saharan African countries who lack access to energy live in countries with producing coal assets.

The first report, Stranded Assets and Thermal Coal, found that Australian and US coal assets were the most vulnerable.

But Yankuang, which overpaid for Australian coal assets during the mining boom, may have also come too late to China's online retailing boom.

Doug Ritchie, who led the acquisition and integration of the Mozambique coal assets in his previous role as Energy chief executive, has also stepped down by mutual agreement.

Street Talk believes that good thing could arrive within the next week, in the form of final approval for the two miners to carve up the Hunter Valley coal assets that once belonged to Rio Tinto.

It seemed an ideal match ---- Rothschild with his global connections and the Bakries with their vast Indonesian coal assets.

HSBC says $ 20bn of coal assets at risk (RenewEconomy).

«We did have several utilities participate which have significant coal assets,» Ritter said in an email after the report's release.

Panellists: Peter Freyberg, Head of Global Coal Assets, Glencore John Scowcroft, Executive Adviser for EMEA, Global CCS Institute Hans Ten Berge, Secretary General, Eurelectric Dr Gabriel Marquette, General Manager of EUROGIA2020, the Eureka Cluster for low - carbon energy technologies Jason Channell, Managing Director, Citi Research Paula Abreu Marques, European Commission, Head of Unit, Renewable Energy and CCS Policy

The price of metallurgical coal has fallen 75 percent since the deal, and Peabody was forced to take a $ 700 million writedown on its Australian metallurgical coal assets last year.

These three disruptive forces significantly increase the probability of a major market correction that will reprice coal assets unfavourably.

As we reached the record low gas prices of 2012, other utilities had to ask questions they had never contemplated before: Were they holding coal assets that were now a lot more expensive than their value?

That suggests that if fund managers did sell their listed thermal coal assets it would cause barely a blip on the radar, and probably wouldn't cause much divergence from the «tracking» that governs their comparative index returns.

Synapse's Coal Asset Valuation Tool (CAVT) is a spreadsheet - based database and model that analyzes the future economic viability of coal units.

Report: The Money Wasted On Stranded Coal Assets Could End World Energy Poverty Huffington Post March 29, 2016

Yet, for example, only 7 % of those without access to energy in Sub-Saharan Africa live in the handful of countries with producing coal assets, CTI finds.

The economic case for selling coal assets and investing instead in the transition to a low - carbon economy is strong today, and likely to become more robust in the immediate future for three reasons.

US coal assets were risky because of competition from cheap gas for the same markets.

Dormant Perth company ZYL entered into voluntary administration today after its creditor Prestige Glory struck a deal with Ascent Capital to buy the collapsed miner's coal assets in South Africa.

It is hard to find a winner in the coal - mining industry these days but some investors were quick to spot a Perth - based winner yesterday in the form of Wesfarmers, which saw the value of its coal assets boosted by a deal in the Hunter Valley of NSW.

Analysts estimate Bunnings will account for at least 50 per cent of Wesfarmers» earnings and about 60 per cent of its value after Coles is demerged and the sale of the coal assets is completed.

Wesfarmers in November 2016 announced that it was evaluating «strategic options» for both of its coal assets in Queensland and New South Wales, with the miner reportedly placing a price tag of A$ 2 - billion on the assets.

«At this point in time what it does show is people out there are prepared to invest substantial amounts of money in coal assets and Rio's predominantly foreign owned already - that's another issue to remember - and I've been reading a couple of comments and I think even the unions are in support of this one.

In Mozambique, the development of infrastructure to support the coal assets is more challenging than Rio Tinto originally anticipated.

The new company will get most of BBL's aluminum, manganese and nickel assets plus some coal assets.

Westmoreland Coal spent hundreds of millions for coal assets.

For investors, that is an example of «smart money» buying into, rather than selling, coal assets.

Both companies took huge write - downs on their coal assets before the split.

I suspect the coal assets are still largely there but the tradition of mining has gone.

Amy Hojnowski, a senior campaign representative with the Sierra Club, said in a statement that «PacifiCorp's inability to acknowledge the actual risk of its coal assets has kept the west from meeting its true clean energy potential.

These charges would subsidize risky capital investments in the Company's coal assets — several of which have been determined by other owners to have value and be unreliable.

Climate action so far in 2018: individual countries step forward, others backward, risking stranded coal assets

Though they were ultimately voted down, large blocks of stockholders voted for a resolution that would have forced Southern to respond directly to climate change by preparing a study for how the company can help keep global warming below 2 degrees centigrade, and another to study how its business may be affected by the potential stranding of its coal assets.

The Bank of England has also recognised that a collapse in the value of oil, gas and coal assets as nations tackle global warming is a potential systemic risk to the economy, with London being particularly at risk owing to its huge listings of coal.

The call for investors to divest from coal assets, one of the most carbon - intensive energy sources, has been primarily based on the harmful social and environmental outcomes linked with carbon emissions.

First, coal assets are threatened by the advent of attractive renewables, particularly solar photovoltaic electricity, which are already penetrating the market.

Synapse developed the Coal Asset Valuation Tool (CAVT), a spreadsheet - based database and model, to identify and investigate U.S. coal units at risk for retirement.

He also built Synapse's Coal Asset Valuation Tool (CAVT), a spreadsheet - based database and model that forecasts the costs for individual coal units to comply with environmental regulations and compares these forecasts to electricity market prices.

CAVT is used in several Synapse analyses to identify and investigate coal units at risk for retirement, including two studies led by Mr. Knight for the Energy Foundation: Displacing Coal: An Analysis of Natural Gas Potential in the 2012 Electric System Dispatch (August 2013), and Forecasting Coal Unit Competitiveness: Coal Retirement Assessment Using Synapse's Coal Asset Valuation Tool (October 2013).

Synapse's Coal Asset Valuation Tool (CAVT) is a spreadsheet - based database and model that determines the future economic viability of coal units.