Not exact matches
The cash consideration of A$ 125 per share represents a: • 39 per cent premium to
Coal & Allied's closing share price on 5 August 2011, which was the last trading day before Rio Tinto's initial approach to
Coal & Allied on 6 August 2011; and • 25 per cent premium to the one month
volume weighted average price of
Coal & Allied shares as
at 5 August 20111
«The share of
coal in China's energy mix will decrease, but its total
volume won't,» said Tian Yajun, a researcher
at Shenhua Group's National Institute of Clean and Low - carbon Energy.
Same Energy Watch Group report, citing a 2006 study conducted by BP Energy: â $ œThe growing share of lower quality
coal is the reason why total
coal production in terms of energy content peaked in 1998
at 598.4 Mtoe and has since declined to 576.2 Mtoe in 2005 in spite of the continuous rise in produced
volumes (BP 2006).
They can build more
coal plants, driving up their prices by competing with themselves; or they can flood their electricity markets with the maximum possible
volume of non-
coal power, enabling their existing fleet to operate
at much lower costs and weakening the price power of
coal exporters.
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.
At that time, an initiation of large - scale burning of oil, gas and
coal dumped heavy
volumes of greenhouse gasses into the atmosphere.
PRB
coal has been moving in the past, but only recently and only
at very small
volumes.