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Unrelenting coal demand poses challenge to climate goals

MONEYWEB app instead? The dirtiest of fuels theyâre racing to phase out is enjoying booming demand. By David Stringer and Dan Murtaugh, Bloomberg 3 Jul 2021 00:48 Image: Andrey Rudakov/Bloomberg Coal prices across Asia are surging to records, underscoring a challenge for governments seeking a faster energy transition: the dirtiest of fuels theyâre racing to phase out is enjoying booming demand. Power plants are rushing to secure adequate electricity supplies as a hot summer adds to demand from the regionâs post-pandemic industrial revival. On top of that, output in some key producer nations has been hurt, while high natural gas costs mean thereâs no cheaper alternative for utilities to turn to.

Japan generalSouth africaPramod agrawalHendra sinadiaRupesh sankhePeter oconnorWang haitaoSakkie swanepoelHuatai futures ltdTohoku electric power coChinese communist partyMinistry of energyIndonesia coal mining associationWhitehaven coal ltdSydney based petero connorExxaro resources

Unrelenting coal demand in Asia poses challenge to climate goals

The Straits Times Unrelenting coal demand in Asia poses challenge to climate goals Much of the tightness in the market can be traced back to China, which produces and burns half the world s supply.PHOTO: REUTERS UpdatedJul 3, 2021, 1:24 pm PublishedJul 3, 2021, 12:55 pm SGT https://str.sg/3oDj They can read the article in full after signing up for a free account. Share link: Or share via: Sign up or log in to read this article in full Sign up All done! This article is now fully available for you Read now Get unlimited access to all stories at $0.99/month for the first 3 months.

Japan generalPramod agrawalHendra sinadiaSoutheast asiaRupesh sankhePeter oconnorWang haitaoSakkie swanepoelIndonesia coal mining associationShaw partners ltdChinese communist partyMinistry of energyGlencore plcSydney based petero connorExxaro resourcesSouth africa based

Unrelenting Coal Demand Posts Challenge to World s Climate Goals

Dan Murtaugh and David Stringer, Bloomberg News A miner stands alongside a roadheader excavation machine in the Osinnikovskaya coal mine, operated by Raspadskaya PJSC, in Osinniki, Russia, on Monday, Feb. 8, 2021. Russian steelmaker Evraz Plc is considering options for demerging its Raspadskaya coal business that s valued at about $1.5 billion. Photographer: Andrey Rudakov/Bloomberg , Bloomberg (Bloomberg) Coal prices across Asia are surging to records, underscoring a challenge for governments seeking a faster energy transition: the dirtiest of fuels theyâre racing to phase out is enjoying booming demand. Power plants are rushing to secure adequate electricity supplies as a hot summer adds to demand from the regionâs post-pandemic industrial revival. On top of that, output in some key producer nations has been hurt, while high natural gas costs mean thereâs no cheaper alternative for utilities to turn to.

Japan generalPramod agrawalHendra sinadiaRupesh sankhePeter oconnorWang haitaoSakkie swanepoelExxaro resources ltdHuatai futures ltdYancoal australia ltdShaw partners ltdTohoku electric power coCoronado global resources incChinese communist partyMinistry of energyGlencore plc

Power demand sparks coal rally in Asia

Power demand sparks coal rally in Asia
businesslive.co.za - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businesslive.co.za Daily Mail and Mail on Sunday newspapers.

Japan generalSouth africaPramod agrawalHendra sinadiaRupesh sankhePeter oconnorWang haitaoSakkie swanepoelIndonesia coal mining associationTohoku electric power companyChinese communist partySydney based petero connorExxaro resourcesFengkuang coalHuatai futuresSoutheast asia

Unrelenting coal demand poses challenge to climate goals

Unrelenting coal demand poses challenge to climate goals
mining.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mining.com Daily Mail and Mail on Sunday newspapers.

Japan generalPramod agrawalHendra sinadiaRupesh sankhePeter oconnorWang haitaoSakkie swanepoelExxaro resources ltdHuatai futures ltdYancoal australia ltdShaw partners ltdTohoku electric power coCoronado global resources incChinese communist partyMinistry of energyGlencore plc