China’s green ambitions aren’t halting new coal and steel plans
Construction began on 15 gigawatts of new coal power capacity in the first half, while companies announced 35 million tonnes of new coal-based steel-making capacity.
Eskom said on Monday that it had fewer than 20 days of coal supplies at 10 of its 15 coal-fired power stations, posing a threat to national power supplies.
The key US coal export hub of Hampton Roads, Virginia, has halted operations as damage to ships and infrastructure seem inevitable, analysts at Wood Mackenzie said Thursday.