BlackRock joins Citi to study plan to shut coal plants early
The proposals involve buying coal plants in developing economies in Asia and operating them for as long as 15 years before closing the sites ahead of current schedules.
The problem for Australia is that this isn't something being imagined, it's the reality of a country that can't find political and social consensus on climate politics and the role of its vast reserves of coal, natural gas and even uranium.
Germany’s states are upping pressure on Chancellor Angela Merkel to keep coal-fired power for as long as 30 years as the nation approaches a deadline for setting an exit date from the fossil fuel.
List was complied using the environmental performance index (EPI), which has nine key categories: agriculture, air quality, biodiversity and habitat, climate and energy, forests, fisheries, health impacts, water resources, and water and sanitation.
India's coal imports appear headed for another strong month in August, raising the question as to why the usually cost-sensitive market hasn't scaled back purchases given a surge in prices to the highest in nearly seven years.
Wood Mackenzie predicts that, in the short term, demand for coal will fall due to its higher prices. In the longer term, the new tariffs will slow Turkish economic growth and with that, further weaken the demand for coal.
Recently, administration officials have selectively targeted natural gas and renewable energy generation resources, falsely claiming they pose greater risks.