Austria returns to coal era in hedge against Russian power play

State-controlled Verbund, Austria’s biggest utility and most valuable company, was ordered late Sunday to prepare its mothballed Mellach coal-fired station for operation.

Bloomberg News | June 20, 2022 | 8:32 am

Germany is taking steps to bolster gas supplies, Habeck says

The German government is preparing to fire up more coal plants to keep the use of gas at a minimum.

Bloomberg News | June 19, 2022 | 2:07 pm

New Wyoming facility to boost extraction of REEs from coal

The Wyoming Innovation Center is a place for companies and researchers to work on developing asphalt, graphene, graphite, agricultural char, and carbon fibre, and extract rare earths from coal and coal byproducts.

Staff Writer | June 19, 2022 | 1:37 pm

Australia’s opposition party flags more ambitious emissions goal

But coal and gas are going to continue to be “part of the mix.”

Bloomberg News | June 19, 2022 | 10:57 am

War derails plan to ditch coal after UK championed global cuts

The UK aims to keep a reserve of coal-fired plants available this winter rather than shutting almost all of them as planned

Bloomberg News | June 19, 2022 | 10:38 am

How the energy market buckled in a fossil fuel superpower

Australia has set alarms ringing over the challenge faced even by developed nations in managing and regulating the energy transition.

Bloomberg News | June 17, 2022 | 2:41 pm

Methane-spewing coal mines are climate test for Australia’s new leader

“Methane leaking from coal mines has been ignored for many years, but tackling it is the ‘low hanging fruit’ in Australia’s effort to combat climate change.”

Bloomberg News | June 17, 2022 | 2:04 pm

US coal plants’ fate hinges on June power-price auction

Suppliers to the grid stretching from New Jersey to Illinois will find out on June 21 whether their bids to provide backup capacity for the year starting June 2023 passed muster.

Bloomberg News | June 17, 2022 | 9:33 am

Glencore trading profit poised for best-ever year

Glencore expects adjusted operating profit to exceed $3.2bn for the first half of the year amid "unprecedented" market environment.

Cecilia Jamasmie | June 17, 2022 | 6:44 am

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Blackbeard didn’t trade with coal, recent discoveries show

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Sumitomo Metals backs Teck’s split plan

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