The IEA has already said China's new
coal investments make «no economic sense», with the projects effectively stranded even before they are built.
Not exact matches
Mylan
made the first
investment in the
coal producing plants in 2011, and expanded its total holdings to 5 plants by 2014.
«We see a Chinese economy gradually shifting from construction to consumption, and so, we will transition,» said Mackenzie adding that «We imagine we will continue to creep our exports of steelmaking materials like metallurgical
coal and iron ore, but we're much more likely to
make major
investments in what we feel are the next phase of China's growth in energy and in food.»
Christian Aid wants to see leaders commit to
making a big shift in the flow of global finance - away from dirty energy sources like
coal, and towards green
investment.»
In addition to the above, there is at present about 680
coal city cabs and shuttle buses offering internal transportation services to commuters, Public Private Partnership which ushered into the state world - class
investment stores such as Shoperite, Game and Max which have not only helped in providing employment for the unemployed but have strengthened the state's image in terms of commercial tourism as residents of neighbouring states come to
make one purchase or the other at the stores.
«We're talking to Wall Street investors and telling them that if someone wants to borrow a billion dollars to build a
coal plant and you don't ask them what their strategy is to control carbon dioxide, you're
making a very bad
investment,» Hawkins says.
«I think we'll see EPA take a closer look at its interim targets, to
make sure it's not encouraging quick fixes, like switching from
coal to natural gas, at the expense of longer - term planning and
investment in zero - carbon generation,» said Perciasepe.
That will
make it harder for those generators serving western states to justify new
investments in
coal - fired facilities.
Given that a
coal - fired electricity generation plant produces about 1 ton of carbon dioxide per megawatt hour, Borenstein estimated that the price of greenhouse gas reductions would have to range from about $ 150 to $ 500 per ton of greenhouse gases to
make the current solar PV technology a worthwhile
investment when greenhouse gas reductions are considered.
My sense is that a better approach is to recognize, from the start, the reality that shifting energy norms, even as
coal remains a core energy source, will be a process unfolding over decades, and
making sure that legislation, while pushing standards for cutting energy waste and pollution, also focuses on support in all the arenas that matter to building a sustained energy quest — including education to create the intellectual capacity for such an undertaking and sustained and increased direct support for basic inquiry in science and technology — an area where there's been bipartisan disinterest in federal
investment for decades.
If we want to reduce CO2 emissions,
make the
coal, gas, and oil fired powerplants install CO2 scrubbers / processors and give tax incentives and lawsuit immunity to private
investment for Nuke Plants.
There might be way less money to be
made in solar compared to oil / gas / nuke /
coal — not the best advertisement for
investment.
If the exporting region is rich in
coal resources, like Shanxi, this line will mainly transmit
coal power throughout its lifetime, unless new transmission
investments are
made to connect other areas with renewable resources.
Greenpeace commissioned economic analysts to look at the
investments of Australia's major banks and found that while many were
making sound
investments in clean energy and winning sustainability and climate leadership awards, they were doing something else too — investing in
coal mining and
coal - fired power generation in volumes which massively eclipse their clean energy portfolios.
In particular, we call on Parliament to ban any further public or private
investment in projects that will
make the climate emergency worse, such as
coal, oil, and gas projects.
The campaign will demonstrate that supply of
coal is severely limited by social and economical factors,
making it a dead
investment in the medium and long term.
«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.»
A November 2007 presentation to
investment analysts by the President of BHP Billiton
Coal, Dave Murray, noted that Drummond had an 5 % share of the global coal export trade, making it the equal fifth largest coal exporter in the wo
Coal, Dave Murray, noted that Drummond had an 5 % share of the global
coal export trade, making it the equal fifth largest coal exporter in the wo
coal export trade,
making it the equal fifth largest
coal exporter in the wo
coal exporter in the world.
Regulators,
investment banks, and political leaders are now beginning to see what has been obvious for some time to climate scientists such as James Hansen: that it
makes no sense to build
coal - fired power plants only to have to bulldoze them in a few years.
Utilities and energy companies are realizing that
coal is an increasingly bad
investment — that was definitely the case with Brayton Point, which had just been purchased by new owners who quickly determined that keeping the plant running didn't
make economic sense.
Frazier, with Vistra Energy, told lawmakers that the same economics that
made the company close its
coal plants have also spurred
investments in other types of plants.
By installing a large PV solar nameplate capacity, using the need to pay off this (subsidized)
investment as the rationale for approved rate increases, and then selling us (mostly) the cheaper electricity they
make from
coal and uranium, they actually increase the profitability of
coal and uranium more than PV solar.
Appalachian is
making significant
investments in transmission infrastructure to improve grid reliability and to support recent
coal - fueled power plant closings responding to environmental requirements.
But, warns the IEA, the
coal industry — and the funds management industry and the banks that finance it — are carrying on as if it's business as usual,
making decisions about hundreds of billions of dollars of
investment as if nothing would change, and not even lip service was paid to the climate change problem.
But the impact on the
coal industry is effectively doubled, because under the current policy scenario under which much of the industry is
making its
investment,
coal prices would be «significantly» higher, the IEA says, because of increased demand.
Alternatively, it could mean that being near peak oil there will be inertia in the system due to
investments made in the infrastructure for
coal - based energy, tar sands, shale, or what have you.
Carbon Tracker's «
Coal supply Cost Curve» study published last year found that globally approximately $ 142 billion of future investment (capex) in coal mines for export to 2025 requires a $ 75 per tonne breakeven price to make a ret
Coal supply Cost Curve» study published last year found that globally approximately $ 142 billion of future
investment (capex) in
coal mines for export to 2025 requires a $ 75 per tonne breakeven price to make a ret
coal mines for export to 2025 requires a $ 75 per tonne breakeven price to
make a return.
Google said it will «
make strategic
investments and grants that demonstrate a path toward producing energy at an unsubsidized cost below that of
coal - fired power plants.»
«For fossil fuels, you
make the initial
investment, and also you pay for operation every day — pay for
coal or for natural gas for rest of the life of the power plant.
Worse yet, they have virtually unlimited money from taxpayers and from oil and gas
investments (In the case of Soros, buying
coal after Obama
made the market drop) and they still are not winning.
This week the University of Dayton
made news when it announced that «it will begin divesting
coal and fossil fuels from its $ 670 million
investment pool.»
The Productivity Commission produces figures that show each 2kW air conditioning systems requires around $ 7,000 of added infrastructure
investment —
made up for $ 4,000 in distribution (in neighbourhoods), $ 1,400 in transmission (from the central
coal fired power station), and $ 1,600 in generation costs (gas fired peakers).
«We are
making a huge
investment in renewables... but even with the most aggressive solar, aggressive nuclear, aggressive hydro, we'll still need to double our
coal consumption over the next 15 years.»
He urged, «
Make sure that the Public Utility Commissions do not allow irrational
investments in upgrading 50 - year - old
coal - fired power plants.»
Our owners
made a $ 1 billion
investment in Best Available Control Technology (BACT) to create the cleanest
coal - fueled power plant in Illinois — and one of the cleanest in the world.
Note that many of these steps would have limited impact:
Coal plants have already
made costly
investments to curb mercury pollution, so scaling back that Obama rule wouldn't do much.
Again, it's not just that burning tar sands oil produces a lot of emissions; it's that long - term capital
investments like Keystone (and
coal plants, and
coal export facilities) «lock in» those dangerous emissions for decades and
make catastrophic climate disruption inevitable.
Decisions the Northwest
makes now will impact Chinese energy habits for the next half - century; the lower
coal prices afforded by Northwest
coal exports encourage burning
coal and discourage the
investments in energy efficiency that China has already undertaken.
In a report released in late June, the Sierra Club said runaway plant construction costs and rising global
coal prices have
made the plants financially risky
investments.
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:
The goal would not be to subsidize clean energy in perpetuity but rather to
make the kinds of
investments that ultimately bring the real price of clean energy down to the price of dirty - energy sources like
coal in places like China.
The World Bank has attracted strong criticism in the past for backing the construction of high - emissions infrastructure, chiefly
coal - fired power stations, and had already
made moves away from such
investments.
The so called Renewable Energy technologies such as Wind and Solar even if further refined and
made more efficient, sought after efficiency increases that are now running into the problems of ever diminishing returns for the
investments needed to raise those levels of efficiency, are now just one of the limiting factors in the hope of the so called Renewable Energy systems ever replacing today's base load
coal, gas, oil, nuclear powered generators.
The Church said # 12 million worth of
investments in companies
making 10 % or more of their revenues from the production of
coal or oil from tar sands would be sold.
A plant may retire if higher
coal prices, lower wholesale electricity prices (often tied to natural gas prices), or reduced utilization
make investment in equipment like scrubbers uneconomical.
Here's how this could happen: Without Renewable Alternatives, Liquid
Coal Could Win the Day As world oil reserves begin critically depleting and the necessary investments aren't made to electrify the world's transportation fleet and a larger switch to renewable energy made, then it is likely that use of coal - to - liquids fuels (which have 40 % higher emissions than oil) will r
Coal Could Win the Day As world oil reserves begin critically depleting and the necessary
investments aren't
made to electrify the world's transportation fleet and a larger switch to renewable energy
made, then it is likely that use of
coal - to - liquids fuels (which have 40 % higher emissions than oil) will r
coal - to - liquids fuels (which have 40 % higher emissions than oil) will rise.
And once you've built the pipelines and gas - fired power plants, the sunk
investment makes it that much harder to switch: Suddenly you have a bunch of gas barons who will fight as hard as the
coal barons Obama is now trying to subdue.