After the opposition Labor party suffered heavy losses in coal-mining regions in Saturday’s Australian federal elections, the Carmichael project looks to be getting closer than ever to approval.
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The aid package launches a drive to transform chimney-stack economies into high-tech centers and will help Germany achieve its climate goals for 2030 and put it on the right path for meeting 2050 targets.
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As lucrative as the overall stock market has been for investors during the past two years, clean-technology shares have done even better.
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Coal’s use to generate electricity has declined precipitously in the U.S. despite a revival push by President Donald Trump.
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According to the Responsible Mining Foundation, most of the companies assessed show little or no evidence of efforts to strengthen the gender balance of their leadership and governance teams.
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Recent mergers and acquisitions have brought the industry back into the spotlight, after years of speculation around how the sector could regain power, PwC’s Canadian Mine report notes.
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Two decades ago, governments and utilities around the world began offering above-market rates and contracts to fuel the rise of clean energy, but now these pacts are under attack.
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China will maintain a slowdown in coal imports from Australia until Beijing has assessed government policy in Canberra after federal elections in May.
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The outlook for commodities is bullish, according to Citigroup, which expects raw materials to be supported by a potential US-China trade deal, improved demand from China, and a weaker dollar.
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More than 10 regions will be freed of their overcapacity tag in 2022, clearing a hurdle for them to resume building coal-fired plants.
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