Even the world’s largest coal miner thinks the rise of renewable energy and storage technology will pose a “significant threat” to the coal sector. Coal India, the state-owned mining company that produces 80 percent of the country’s coal, has released a new report, “Coal Vision 2030,” that outlines what the industry might look like in […]
Even the world’s largest coal miner thinks the rise of renewable energy and storage technology will pose a “significant threat” to the coal sector. Coal India, the state-owned mining company that produces 80 percent of the country’s coal, has released a new report, “Coal Vision 2030,” that outlines what the industry might look like in […]
By Lauri Myllyvirta While some politicians—ahem, Trump!—are trying to prop up the fossil fuel industry, there’s been a quiet revolution happening around the world. People are ditching coal—the main global energy source since 2003—like never before! Burning coal is the biggest single source of carbon dioxide emissions from human activity, and mining it also releases […]
More than a quarter of the 1,675 companies that owned or developed coal-fired power capacity since 2010 have entirely left the coal power business, according to new research from CoalSwarm and Greenpeace. This represents nearly 370 large coal-fired power plants—enough to power around six United Kingdoms—and equivalent to nearly half a trillion dollars in assets […]
By Kevin Kalhoefer & Lisa Hymas President Donald Trump has decided to exit the Paris climate agreement, according to Axios. The news site also reported that the Scott Pruitt-led U.S. Environmental Protection Agency (EPA) has been “quietly working” with opponents of the agreement to help them place op-eds in newspapers. Media Matters identified a number […]
The global coal boom took a nosedive in 2016 as construction starts on coal-fired power plants fell to nearly two-thirds of 2015 levels, according to a report, from Coalswarm, Sierra Club and Greenpeace. “Markets are demanding clean energy, and no amount of rhetoric from Donald Trump will be able to stop the fall of coal […]