Sentences with phrase «new coal investments»

It enables financial institutions to assess the «coal content» of their portfolios, to avoid new coal investments and to accelerate their departure from the industry.
This blog details why announcements about new coal investments are wholly inadequate to...
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

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.
Renewable energy companies are expected to see big upticks in investments to develop new technologies, while coal and oil companies may see tougher regulations.
When both rules are fully enforced, Bernstein Research estimates that 15 % of coal - fired power plants will be forced to close — unable to meet new safety standards — or will require substantial new investment to remain viable.
Sixty - five percent of the world's coal production is unprofitable at today's prices, a new research report by Wood Mackenzie, a commercial intelligence company often cited by investment analysts and the coal industry itself, concluded.
The white paper on Electricity Market Reform has mapped out a new policy to encourage the billions of investment that we need in all three families of low carbon electricity generation — renewables, nuclear and clean coal and gas.
In an area which was dominated by coal mining and which fell into economic decline following the closure of the mines, investment in infrastructure was a necessity to bring a new age of economic activity such as the regeneration of Seaham Town Centre and the new East - West A19 link road.
We will legislate for a decarbonisation target for 2030 and unlock billions of pounds in new investment in renewables, nuclear and clean gas and coal technology.
The coal boom of the early century is turning to bust as China burns less and renewables slowly take over new investment.
«Those will have profound effects on carbon dioxide emissions,» Stavins said, «because they'll reduce investment in new coal and slow the use of existing coal
The model produces different jobs and growth projections for a business - as - usual scenario with no technology breakthroughs or major new policies, and then generates different outcomes by factoring in new policies such as a national clean energy standards such as proposed by President Obama; increases in corporate average fuel economy standards; tougher environmental controls on coal - fired power generators; extended investment and production tax credits for clean energy sources and an expanded federal energy loan guarantee program.
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.
The European Investment Bank's new criteria on coal lending — tied to specified limits on fossil fuel power plant emissions — have been criticized as being too generous to polluters, while the U.S. Ex-Im Bank continues to back coal - fired power stations in many parts of the world.
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.
The World Energy Outlook 2016, released last week, is just one among an increasing line of studies showing how nations need to slow and, ultimately, phase out investment in new fossil fuel supply infrastructure — from oil fields and pipelines to coal mines — if they are serious about keeping warming to 2C or less.
That will make it harder for those generators serving western states to justify new investments in coal - fired facilities.
Once the nation is committed to action, the government and private sector could concentrate their thinking on whether very large - scale infrastructure investments would need to be supported with public funds ---- projects such as solarization of the grid, new coal power plants with carbon capture and sequestration, etc..
Even while they are running adds criticizing governor Sebelius's decision, Peabody Energy is already incorporating a shadow price of carbon into their financial calculations when deciding if investments in new coal - fired power plants are viable.
Cap - and - dividend assumes that the decreasing supply and rising price of carbon will shift private investment from new coal burning plants to wind, solar, conservation and efficiency, and that public investment will not be needed for these purposes.
Global investments in renewable energy were double that spent on new coal and natural gas - fired power generation.
What's required, energy experts agree, is not just a price for carbon, but also massive public investments to deploy clean energy technologies so we can achieve the performance and price breakthroughs needed for these new technologies to be picked up worldwide, including in places like China and India whose development is being fueled by cheap coal and oil.
The real news coming out of these talks is what happened outside the negotiating halls: massive protests at Germany's open pit coal mines with Pacific islanders standing in solidarity, governments joining a new initiative to power past coal, Norway's push to ditch oil and gas investments, and the emergence of non-state actors as a powerful force for change.
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.
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.
New investment comes three years after the former New York mayor gave $ 50m to the environmental lobby group to expand its Beyond Coal campaign
As expected, the President advocated carbon dioxide (CO2) emission standards for new and existing coal - fired power plants, tough new energy efficiency standards for homes and appliances, and federal support for private renewable energy investment on public lands.
With this new investment, a clean energy economy is in our sights, and dirty coal is a thing of the past,» said Michael Brune, the Sierra Club's executive director.
This approach is far superior to KfW's current plan because it firmly aligns with a growing call to end support and investment for new unabated coal - fired power plants.
With the new investment, the campaign aims to retire half of US coal - powered plants by 2017, and to retire all coal and gas by 2030.
And, finally, in contrast to investments in oil fields and coal mines, where depletion and abandonment are inevitable, the new energy sources are inexhaustible.
''... I have felt for some time that new investments today in coal and tar sands are highly likely to become stranded assets, and everything I have seen, in the last year particularly, increases my confidence.»
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.
As a first step, this «no more bad investment» legislation should ban all new coal, oil, and gas projects and all new logging or clearing that degrades and destroys natural carbon sinks (including renewals of expiring regional forest agreements).
Because natural gas is a considerably more expensive fuel than coal, it takes a substantial CO2 cost to overcome this fuel cost disadvantage — about $ 30 / ton, on current fuel price expectations in the U.S.. On the other hand, consider pending investments to add new generating capacity in the United States over the next few decades.
Usual investment criteria may not deliver the super low - cost, clean, renewable energy soon enough to avoid the worst effects of climate change,» said Dr. Larry Brilliant, Executive Director of Google.org, Google's philanthropic arm, «Google.org's hope is that by funding research on promising technologies, investing in promising new companies, and doing a lot of R&D ourselves, we may help spark a green electricity revolution that will deliver breakthrough technologies priced lower than coal
As a first step, this «no more bad investment» legislation should ban all new coal, oil, and gas projects within Queensland.
«HESTA believes that further investment in developing new, or expanding existing, thermal coal reserves is inconsistent with this imperative to reduce carbon emissions.»
As a first step, this «no more bad investment» legislation should ban all new coal, oil, and gas projects and all new native forest logging projects within Victoria.
One of the nation's most respected resource economists, Dr. Thomas M. Power, just released a new white paper showing that coal exports to China will increase that country's coal burning and pollution, and decrease investments in energy efficiency.
But carbon pricing and the inability of the coal industry to demonstrate the viability of carbon capture and storage implies new coal - fired power capacity may never become investment - worthy.
«If you don't do anything on carbon and you don't have renewable energy standards or investment tax credit, every utility company would go out tomorrow and build coal,» Eric Spiegel, the new CEO of Siemens USA, which is one of the country's top companies for engineering and producing machinery for the new green economy.
Nuclear countries, including Japan and South Africa, were also increasing their exposure to coal - powered investment, with 21 new plants between them.
The IEA's «New Policy Scenario (NPS)» is commonly used as a roadmap for energy policies and investments, and sees increasing consumption of oil, gas and coal.
He questioned the ability of these two sectors to attract the necessary investments as well as the need for as much new nuclear or coal - based capacity as projected, since higher prices are likely to curb demand through better energy efficiency.
■ Some 14,000 MW of new — mostly gas combined cycle — generation has replaced older coal - and oil - fired generating capacity, a private investment of about $ 14 billion.
Meanwhile, the World Bank, the European Investment Bank, and the European Bank for Reconstruction and Development have also committed to end financing for new coal plants.
The report pulls no punches when it comes to coal, including a call for a global coal phaseout involving an immediate end to investments in new unabated coal - fired power plants globally and the retirement of existing unabated coal - fired power plants in high income countries.
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.
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