Global coal trade has really picked up pace in recent months, and is now fully back to pre-Covid levels. In Jan-Dec 2023, global seaborne coal loadings increased by +6.0% yo-y to 1,341.2 mln t (excluding cabotage), based on vessel tracking data from AXS Marine. This was well above the 1,265.5 mln t loaded in Jan-Dec…
Worried about plastic pollution in your tap water? Try boiling in it, a new study suggests. Boiling tap water can destroy at least 80 percent of three of the most common plastic compounds that can be found in your water, according to findings published Wednesday in Environmental Research Letters. This means drinking tap water that…
Russian Ministry of Finance is considering the possibility of increasing the Mineral Extraction Tax (MET) on coal production. This measure will significantly increase the tax burden on coal industry amid falling prices on the international market, which makes export of Kuzbass thermal coal unprofitable in certain directions. The authorities considered increasing MET as early as…
India expects to add a large chunk of coal-fired power capacity in 2024, which will be the largest yearly rise in its coal fleet in at least six years. Indian utilities will bring online coal power plants with a combined capacity of 13.9 gigawatts (GW) this year, Indiaโs power ministry told Reuters in a statement…
ะ ะพะผะฐะฝ ะะธะปะพััะพะฒ: ะดะฒะต ัััะฐะฝั ะฒ ะะฒัะพะฟะต ะฟะธัะฐัััั ะฝะฐ 100% ะฒะพะทะพะฑะฝะพะฒะปัะตะผะพะน ัะฝะตัะณะธะธ Geothermal Heating and Cooling is About to Erupt Netherlands Loses Allure for Multinationals ะ ะพะผะฐะฝ ะะธะปะพััะพะฒ: ะดะฒะต ัััะฐะฝั ะฒ ะะฒัะพะฟะต ะฟะธัะฐัััั ะฝะฐ 100% ะฒะพะทะพะฑะฝะพะฒะปัะตะผะพะน ัะฝะตัะณะธะธ Geothermal Heating and Cooling is About to Erupt Netherlands Loses Allure for Multinationals Coal Continues to Thrive Despite Pledges for…
About 85 vessels can be purchased within the state subsidies for providing the fleet for foreign trade operations. The specified number of vessels will include bulk carriers (60 units), as well as large-capacity Cape-size vessels (12 units). Banks are expected to allocate more than 2 billion USD for these purposes,…
A total switch to renewable energy is going to wreak havoc on job markets in the United States. In some places, this will be a great thing โ huge numbers of well paid, steady skilled and unskilled jobs will pop up in communities close to utility-scale solar and wind farms, for example. But in other…
Despite Bank of Americaโs 2021 commitment to cease financing new coal mines, plants, or Arctic oil drilling, these ventures will now undergo โenhanced due diligenceโ as outlined in the companyโs โEnvironmental and Social Risk Policy Frameworkโ from December 2023. The New York Times reported that Bank of Americaโs โEnvironmental and Social Risk Policy Frameworkโ from…
Chinese company Xuan Yuan (XY Group), one of the largest Chinese corporate investors in Russia, plans to invest about 685 mio in the construction of a conveyor system for transshipment of Russian coal across the Amur River for further export to China. According to representatives of the China Coal Import…
News coming out of China indicates the country set new records in 2023 for the import of crude oil, coal, and iron ore. The revelation caught many by surprise, but analysts caution that this may not really signify a robust demand for these essential materials. Nor does it indicate that there has been any reversal…