Sixty-five percent of the world's coal production is unprofitable at today's prices, a new research report by Wood Mackenzie, a commercial intelligence company often cited by investment analysts and the coal industry itself, concluded.
Articles: coal production (8)
This singular thought, that climate change can stir dangerous human conflict, is gaining salience across much of the world.
The next 25 years will see a radical shift towards renewables and away from coal, a global energy centre of gravity pivoting towards India and the prospect of Africa leapfrogging dirty energy.
A new report by CoalSwarm and the Sierra Club provides compelling evidence that the death knell for the global coal boom might very well have rung some time between 2010 and 2012.
Even without the threat of carbon regulations, the US coal industry is already in dire straits.
In cities choked by pollution and a world coming to grips with the realities of climate change, what future does coal really have?
On July 24, Goldman Sachs issued a commodities report titled “The Window for Thermal Coal investment is Closing.”
Peak Oil – the maximum sustainable rate of global oil production - happened in 2012. That’s one of the main conclusions of a new report, Fossil and Nuclear Fuels – The Supply Outlook, released in March 2013 by the Energy Watch Group (EWG). This event will have profound …