As many developed and even emerging nations aggressively pursue renewable energy targets with a focus on winding down the extraction of fossil fuels, strife-torn Colombia reaffirms that fossil fuel production is crucial to its economic […]
Energy News Beat Publishers Note: Excellent contrasting report from Irina Slav at Oilprice.com from other reports showing that China will be increasing coal production plants for the next foreseeable future. In the other sources, China’s […]
Any sharp oil sell-off, like the one this week, always has a clutch of plausible explanations and a sense that some sure-bet trade has unwound in a rout. And that’s almost certainly true. But there’s […]
For decades, Western bankers, beholden to United Nations “sustainable development” goals, have held virtual veto power over African development and have impeded infrastructure construction in other cash-poor developing nations. No longer. To the consternation of central planners (and […]
Australia: India may be the last major climate change domino to fall into place as the government considers setting a target to reach net zero carbon emissions, in line with similar moves by other major polluters. India is examining […]
China’s worst sandstorm in a decade is threatening its renewable energy output, which will likely boost coal consumption even as the traditional April-May lull for heating demand approaches. At least 12 provinces in north China have been […]
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 […]
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