Grim future for coal and gas if China and Japan meet climate plans

Modelling shows the future of fossil fuel exports that drive regional economies is grim, complicating the Prime Minister’s message to the Nationals that regional Australia will be shielded from losses under his push to commit to net zero emissions by 2050. The Reserve Bank of Australia’s recent analysis of coal and gas exports shows the industries would at least halve…

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Annual U.S. coal-fired electricity generation will increase for the first time since 2014

We expect 22% more U.S. coal-fired generation in 2021 than in 2020, according to our latest Short-Term Energy Outlook (STEO). The U.S. electric power sector has been generating more electricity from coal-fired power plants this year as a result of significantly higher natural gas prices and relatively stable coal prices. This year, 2021, will yield the first year-over-year increase in…

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Local POL Production Increase 2.35% In 2 Months

Overall production of petroleum commodities has witnessed an increase of 2.35 percent during the first two months of current financial year 2021-22 as compared to corresponding period of fiscal year 2020-21. The Petroleum, Oil and Lubricants (POL) products that showed positive growth include Jet Fuel Oil the production of which increased by 14.40 percent during the period under review, Pakistan…

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Russia Limits Additional Natural Gas Deliveries to Europe, Sending Prices Higher — LNG Recap

European natural gas prices jumped Monday after Russia booked little additional pipeline capacity to move more supplies to the continent next month. Gazprom PJSC booked no additional capacity for November through Ukraine during an auction Monday. The company took only about 35% of the available capacity via Belarus and Poland next month. The auction’s results came despite Russian President Vladimir Putin’s…

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Concrete: The World’s 3rd Largest CO2 Emitter

If concrete were a country, it would be the third largest emitter of greenhouse gases on Earth, behind only China and the United States. According to the Global Cement and Concrete Association (GCCA), around 14 billion cubic metres of concrete are cast each year. How can this material, essential for global housing, construction and infrastructure, be made less damaging to the planet? – How bad can…

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How China’s coal crisis exposes the hypocrisy of the West’s carbon footprint

A coal shortage is threatening the global economic recovery. Blackouts could spread from China and India to all the emerging economies still mostly reliant on coal. As supply can’t be ramped up in the near term, the shortages could worsen as energy demand rises with winter’s arrival. That may trigger another emerging-market crisis. The coal price has more than tripled in a…

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