Friday, 21 February 2025

Focus on Coal

AnalysisCarbon ManagementCementCoalElectricityEmissionsGreen SteelOpinionPoliticsReports

Coal use persists: Asian growth offsets declines in EU and US

Despite developed nations phasing out coal, global demand is hitting record levels driven by China and India's growth.

AnalysisBusinessClimateCoalEconomyElectricityEmissionsEnvironmentFinanceUtilities

Unloading coal exposure: Where are we and what can Chinese banks do?

To achieve climate goals, global coal use must decline sharply, and Chinese banks must drive the exit strategies.

Turbines like these off the coast of Wales are expected to help wind power become Britain's largest source of electricity in 2025 (AFP)
ClimateCoalEconomyElectricityEmissionsEnvironmentNatural GasNewsNuclear PowerOilRegulationsResiliencySolarUtilitiesWind

UK, Germany electricity cleanest on record in 2024

Renewable energy like wind and solar accounted for 59 per cent of production in Germany, while in Britain it stood at 45 per...

FILE PHOTO: Labourers harvest cocoa pods at a farm in Assin Foso, Ghana, November 21, 2024. REUTERS/Francis Kokoroko/File Photo
AnalysisBusinessCoalCritical MineralsEconomyIndustryManufacturingOilRegulationsTrade

Cocoa tops global commodities rally for 2nd year, steel ingredients struggle on China demand

Cocoa and coffee prices surged in 2024 due to global supply deficits, while steel-making coal struggled amid China's slow growth.

Piles of coal at the Westshore coal export terminal at Roberts Bank and gantry cranes used to load and unload containers onto and from cargo ships are seen at Deltaport, in Tsawwassen, B.C., on Monday, September 9, 2024. THE CANADIAN PRESS/Darryl Dyck
BusinessClimateCoalEmissionsEnvironmentIndustryMaritimeNewsTrade

Machinery fire extinguished at Delta, B.C., coal port terminal: Port authority

A coal stacker fire at Westshore Terminals in Delta, B.C., has been extinguished; no injuries reported, operations paused.

FILE - A worker does checks on battery storage pods at Orsted's Eleven Mile Solar Center lithium-ion battery storage energy facility, Feb. 29, 2024, in Coolidge, Ariz. (AP Photo/Ross D. Franklin, File)
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Climate-friendly electricity sees big battery projects soar again for 2024

In 2024, U.S. battery storage surged 71 per cent, reaching 24 GWh, offering cleaner energy and reducing reliance on polluting plants.

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