Source link Exports of Russian coal to countries in Southeast Asia surged last year after supplies to the EU stopped amid Western sanctions on Moscow, Vedomosti business daily reported on Monday, citing data from energy analytics firm Kpler. South East Asia-bound deliveries of Russian coal, excluding China, jumped by 47% in 2023 and reached 13.1 […]
Tag: coal
German industry warns coal phase-out may take a while — RT Business News
Source link The plan to replace coal-fired plants by 2030 is “unrealistic,” lobby chief Siegfried Russwurm has warned Berlin’s plan to phase out coal-fired power plants ahead of schedule is likely to fail, the head of the German industry lobby BDI, Siegfried Russwurm, told reporters on Saturday. He said the federal government lacks a strategy […]
Coal in demand more than ever – IEA — RT Business News
Source link Worldwide demand for coal is set to reach a historic high this year, the International Energy Agency (IEA) said in its ‘Coal 2023’ report on Friday. The body sees global demand for the fuel rising 1.4% by the end of 2023, surpassing 8.5 billion tons for the first time on record, largely due […]
How ‘dirty’ coal will help the world’s most populous country go green — RT India
Source link India plans to produce 1.5 billion tons of coal by 2030, but its ambition to embrace renewables like wind an solar power has secured it some leeway In the run-up to the United Nations annual climate summit, India was under pressure regarding its increasing coal production; it had repeatedly clarified that the fossil […]
US commits to ditching coal — RT World News
Source link The US has the third-largest number of coal-burning power stations in the world and hopes to pressure allies The US will close all its coal-fired power plants, climate envoy John Kerry pledged at the COP28 climate conference on Saturday, announcing the country will join the Powering Past Coal Alliance (PPCA) to phase out […]
India to ramp up coal imports from Russia – Reuters — RT India
Source link India plans to increase purchases of Russian coking coal, which is vital for the steel industry, after a decline in deliveries from major supplier Australia, Reuters has reported. According to the news agency, citing government and industry sources on Tuesday, Russia offers cheaper prices for the raw material than Australia, from which India […]
LNG worse for climate than coal – study — RT Business News
Source link Emissions from the superchilled gas are nearly four times higher than carbon, research has found Liquefied natural gas (LNG) – which Germany has been increasingly using to cope with the energy crisis since the cut in Russian gas supplies – could be much worse for the environment than burning coal, Welt reported on […]