Sentences with phrase «expensive coal mines»

This process is being amplified by a flight of capital, as investors fear that expensive coal mines and coal - burning power plants may become «stranded assets,» with no markets, as renewables ramp up and limits on CO2 emissions begin to bite.

This process is being amplified by a flight of capital, as investors fear that expensive coal mines and coal - burning power plants may become «stranded assets,» with no markets.

In the most dramatic example, the Anglo - Australian giant Rio Tinto in July sold its stake in the world's most expensive coal mine in Mozambique — effectively writing off more than $ 3 billion.

Not exact matches

Faced with a choice between installing expensive pollution - control equipment or switching to low - sulfur coal mined outside Illinois, power companies overwhelmingly chose the latter.

Two factors make much of India's and China's coal expensive or inaccessible; it takes a lot of water, which is in short supply, to extract and burn the coal at mine - mouth, and it takes a lot of diesel fuel, increasingly expensive, to train / truck / ship it to coastal power plants and load centers....

We've already mined out much of the coal that's really easy to dig up (Britain had massive reserves in the nineteenth century), and oil is increasingly being sought in expensive locations like the deep sea and Arctic.

Besides, there is only 15 - 25 years worth of coal available from existing mines in Wyoming (the single largest source of coal for the United States) and coal mine expansion will be both expensive and contentious.

I'm interested because I live in a province where the energy source of choice has always been coal (we mine it here) and wind or tidal seem to be too expensive.

Deploying additional capital expenditure into high cost production is risky, especially for new mines, which typically require expensive new rail infrastructure and port facilities to get coal to market.

The only way to get to the remaining coal is through complex stripping operations or deep and expensive shaft mines.

However, the technology is extremely expensive, and even if the carbon can be sequestered, the coal - fired plant will still result in destructive coal mining as well as toxic coal ash as a byproduct.