Axa SA, France’s biggest insurer, is dropping German energy giant RWE AG as a client in a decision that highlights how taboo the coal business has become. Not even an appeal from RWE Chief Executive […]
The Biden administration has yet to fully delineate its position on liquefied natural gas, prompting cautious optimism from industry but spurring pushback from groups that want to phase out the fuel. In an interview Friday, […]
China cut its coal use to 56.8% of energy consumption at the end of 2020, maintaining its target of below 58%, but overall coal consumption continued to rise amid record industrial output and the completion of dozens of coal-fired power plants. The […]
Many of the world’s leading financial institutions have pledged in recent years to slash their support for the coal and oil industries. But a new report has found that hundreds of billions of dollars are […]
Energy News Beat Publishers Note: If the laws can not be voted in, there can be forced change through banks and insurance companies. Consumer pressure can reach far whether the opinions are right or wrong. […]
Great insight from David Ramsden Wood, or has his friends call him, DRW. Subscribe to his podcast at #hottakeoftheday [embedyt] https://www.youtube.com/watch?v=UqQJoyu71HM[/embedyt] Fun facts! 20 mmbo/d of crude oil are used in the United States each […]
The move sheds light on a dirty secret of the solar industry: it relies on Xinjiang and its cheap coal power to produce half of its key raw material Chinese solar companies are among 175 […]
Coal is projected to remain the largest single source of electricity in India in 2040, according to Michelle Manook, Chief Executive, World Coal Association. She said that coal will continue to play a vital role in supporting intermittent renewable energy sources […]
Coal is on track to disappear from the U.S. power grid by 2033 as the push for a carbon-free electricity system gains strength, according to Morgan Stanley. The fossil fuel will be supplanted largely by renewables, […]
As far as climate groups like the Sunrise Project are concerned, getting insurers out of the coal underwriting business is the most important thing they can do. No more insurance, no more coal. It’s something Sunrise […]
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