The dangers faced by Himalayan glaciers have been exacerbated by India's and China's huge populations and fast - growing economies, which rely heavily
on coal as an energy source.
With the election of Donald Trump as president, there's a renewed focus
on coal as a source of energy, and the promotion of so - called «clean coal.»
The push for renewables in Iowa makes a difference, as the state continues to rely
on coal as the primary fuel for generating electricity, at more than 45 percent, while wind supplies 37 percent, and solar panels produce less than 1 percent, according to the U.S. Energy Department.
I love the article's focus
on coal as it seems to be the silent export these days.
China's reliance
on coal as a main source of energy will last for a long time.
It is a direct attack on the economies of coal - producing states that rely
on coal as an affordable, reliable energy source,» said Karen Kerrigan, President and CEO of the Small Business Survival Committee and co-chair of United for Jobs.
The mooted possibility of higher taxes
on coal as a result of air pollution could also hasten its decline, he added.
I don't know if we should accept the statement that we have an «over-reliance»
on coal as completely accurate.
Take China: The country created an economic miracle by relying
on coal as its primary energy source.
[Translate] HERE COMES THE SUN Why insist
on coal as solar gets cheaper?
The main concern as with a lot of utilities I looked at is that they're 50 % dependent
on coal as an energy source and more regulations are totally coming.
«There is the potential for the U.S. and other countries to continue to rely
on coal as a source of energy while at the same time protecting the climate from the massive greenhouse gas emissions associated with coal,» says Steve Caldwell, coordinator for regional climate change policy at the Pew Center on Global Climate Change, a Washington, D.C. think tank.
Mastering carbon capture and storage will be a big part of that if the world continues to rely
on coal as expected, perhaps preventing catastrophic global climate change.
«There is the potential for the U.S. and other countries to continue to rely
on coal as a source of energy while at the same time protecting the climate from the massive greenhouse gas emissions associated with coal,» says Steve Caldwell, coordinator for regional climate change policy at the Pew Center on Global Climate Change, an Arlington, Va., think tank.
Not exact matches
This is, in a nutshell, McConnell's case for reelection: that
as Kentucky's heavyweight in Washington, he'll thwart the assault liberals are waging not just
on the health care system and the
coal industry but, more broadly,
on the state's way of life.
When Premier Rachel Notley announced Alberta's new climate change strategy over the weekend, analysts and pundits rushed to gauge the impact
on the oilsands and
on the electrical generation business, still dependent
as it is
on coal.
Eisenhower, according to a 1953 article in The Miami Daily News, «rubs the steak with oil and garlic and then,
as the horrified guests look
on, casually flings the steak into the midst of the red and glowing
coals.»
In northeastern England, a battle is raging between grass roots campaigners and a company intent
on digging a new open cast mine
as world
coal prices soar.
Adani Group, controlled by the billionaire Gautam Adani, said it will now plan to finance the vast Carmichael
coal project
on its own, but the company faces an uphill struggle
as both governments and major banks adopt a harder line towards new
coal projects, citing the impact of
coal - fired power
on climate change.
Nevertheless, HSBC hasn't gone
as far
as some other banks who have adopted a worldwide ban
on coal.
Trump will then fly to Beijing where, according to senior administration officials, he will try to convince a reluctant President Xi Jinping to squeeze North Korea further with steps such
as limits
on oil exports,
coal imports and financial transactions.
The direct impact
on listed companies may be limited
as trade between China and its isolated northern neighbour has slowed substantially since the United Nations imposed a ban in September
on North Korean exports of
coal, iron, iron ore, lead, lead ore and seafood.
The reason to take a close look at this company is twofold: it's one of the most diversified miners around, so one commodity's underperformance shouldn't have
as significant an impact
on the company
as it would if it was just a
coal or iron ore producer.
NEW YORK, April 1 - FirstEnergy Corp said late
on Saturday its nuclear and
coal power plant units filed for bankruptcy court protection
as the company looks to restructure, sell assets and win government support to cope with competitors using lower - cost natural gas.
The rest will go to programs to ease the transition away from
coal for communities and workers dependent
on that industry,
as well
as to innovation programs and energy efficiency measures.
Peabody Energy, the nation's biggest
coal producer, has been
on a gradual slide down the Fortune 500 over the past few years,
as falling demand for
coal hit it hard.
Strike Energy's share price has been
on a white knuckle ride over the last few weeks
as investors desperately try to work out if it is going to be the next large cap gas producer in Australia, or fail whilst daring to create a new technical frontier in the search for
coal seam gas riches.
Instead of a world dominated by renewable sources of power like wind and solar —
as people concerned about the dangers of climate change would hope — PE execs see gas, oil and even
coal as a substantial component of electricity and fuel sources in 2039, according to recent interviews conducted by CNBC.com
on the future of energy
as part of CNBC's 25th anniversary.
CNBC's Jackie DeAngelis reports
on the outlook for
coal as the Trump administration is working to rollback regulations
on the industry.
In addition to tax changes (more
on that below), Trump's plan to grow the economy focuses largely
on generating more jobs in the fossil fuel economy (in
coal and onshore and offshore drilling for oil and gas) and
as a result of new infrastructure projects.
The United Nations Security Council blacklisted dozens of ships and shipping companies
on Friday over oil and
coal smuggling by North Korea, boosting pressure
on Pyongyang
as leader Kim Jong Un plans to meet with his South Korean and U.S. counterparts.
To beat the cold, China has temporarily eased restrictions
on coal production until the end of the year
as Premier Li Keqiang said there was a need to balance demand to ramp up power output against pollution control.
As well, he advises buying individual stocks rather than the one
coal exchange - traded fund
on the market.
As well, the NIF has postulated that bringing the plants online in the 2030s will have a major impact on reducing carbon emissions as older, coal - producing power plants are then retire
As well, the NIF has postulated that bringing the plants online in the 2030s will have a major impact
on reducing carbon emissions
as older, coal - producing power plants are then retire
as older,
coal - producing power plants are then retired.
Jim Cramer checks in with Vistra Energy CEO Curtis Morgan, who says
coal is
on its way out
as his company looks for other renewable energy sources.
Williams - Derry said it will be difficult for Clark to use thermal
coal as a bargaining chip in negotiations around softwood now that she is
on the record saying
coal is dirty.
Just
as Nebraska doesn't want the Keystone XL pipeline running through its backyard, coastal states such
as Washington and Oregon don't want to see an endless string of
coal trains hauling millions of tons of
coal to export terminals
on the Pacific.
Market Vectors
Coal ETF ($ KOL), which we initially pointed out in this January 3 blog post
as a potential trend reversal buy setup, continues to chop around in a sideways range since clearing resistance of its 200 - day moving average
on January 2.
As China continues to choke
on its own emissions, the country is starting to pump the brakes
on what was once considered an insatiable appetite for
coal - fired power.
The Canadian Labour Congress and the Climate Action Network of Canada co-hosted a discussion event
on Thursday night that focused
on job creation and facilitating a transition for the
coal, oil and gas sectors — all of which will gradually be phased out
as the world moves to a clean energy economy.
Moreover,
coal purchases by the Netherlands and India, the first and second largest buyers of U.S.
coal respectively, are down
on a year over year basis
as well.
And much of the country's so - called war
on pollution is centred
on coal where the change in direction is just
as startling.
We know that fast - growing countries such
as China are planning to transition from
coal to natural gas over the next four to five years, and we need to position ourselves to capitalize
on these long - term opportunities.»
In cases where the resource will probably last for a couple of hundred years,
on the other hand (
as in Australian
coal, for example, at current extraction rates), this logic may be less compelling.
The BLM supports an all of the above energy approach, which includes oil and gas,
coal, strategic minerals, and renewable energy resources such
as wind, geothermal and solar — all of which may be developed
on public lands and subject to free markets.
The idea of China hitting peak
coal around this time may come
as a shock to some of us, but others have anticipated something similar occurring
on a global level around this time.
And
as coal investors have fled in droves to invest in more profitable companies and industries,
coal workers have been left with pink slips and mortgages
on houses with few buyers in blighted
coal country.
What these dry government numbers leave out is the effect
on coal workers and their families
as coal mines close and one major
coal company after another files for bankruptcy.
However with Trump withdrawing the U.S. from the Paris climate change agreement, referring to climate change
as a «hoax» and pledging to return the U.S.
coal industry to its glory days, the White House and the Canadian government are pretty far apart
on many environmental issues.
The miner is withdrawing from the World
Coal Association over a clash of views
on how to fight climate change, with BHP saying it'll reap little benefit from staying
on as a member.