Tag Archives: coal

Man does live in the age of fossil fuel; most of the energy we use is gotten from coal, oil, and natural gas. I have heard that fossil fuels come from the bones of dinosaurs; I do doubt that very much anyways. Fossil means coming from ones living material. Fossil Fuel: Oloibiri, the site of Nigeria’s first oil well It ...

German lawmakers in the Lower House of Parliament on Friday, July 3, 2020 passed a bill allowing the phasing out of coal in the country by the year 2038. German Environment Minister, Svenja Schulze This, they said, also included billions of euros in aid for the regions affected by the overhaul. Germany heavily relies on coal, which accounts for around ...

Is it the end of an era for coal? Production of the fossil fuel dropped by a record amount in 2016, according to BP Plc’s annual review of global energy trends. China, the world’s biggest energy consumer, burned the least coal in six years and use dropped in the U.S to a level last seen in the 1970s, the company’s data ...

Lifting a moratorium against leases for coal mining on public lands will not create demand for coal as power companies continue to shift to natural gas and other energy sources, experts say President Trump lifted a moratorium on federal coal leases on Tuesday, March 28, 2017 paving the way for excavation of a fossil fuel on public land in the ...

The wind certainly blows across the world and, not unexpectedly, its impact is being felt – and in more ways than one. In America, wind power has achieved its second strongest quarter ever for newly installed energy generating capacity, according to a new report released last Thursday (February 9, 2017) by the American Wind Energy Association (AWEA). Wind surpassed hydropower ...

Deutsche Bank, the biggest bank in Germany, has said it will stop financing coal projects as part of its commitments under the Paris agreement to tackle global warming. “Deutsche Bank and its subsidiaries will not grant new financing for greenfield thermal coal mining and new coal-fired power plant construction,” it said in a statement. Existing exposure to such projects will ...

The U.S. is expected to reach a major carbon emissions milestone this year: For the first time, carbon dioxide emissions from burning natural gas for electricity in the U.S. are set to surpass those from burning coal – the globe’s chief climate polluter. Emissions from burning natural gas are expected to be 10 percent greater than those from coal in ...

Coal is likely to become a popular source of energy in Nigeria as the nation moves to intensify mining activities and boost production, contrary to global plans to transit to clean energy sources.

Norway’s $860 billion Sovereign Wealth Fund (SWF) has unveiled the first list of miners and power producers to be excluded from its portfolio following a ban on coal investments. The 52 companies being barred include American Electric Power Co. Inc., China Shenhua Energy Co. Ltd., Whitehaven Coal Ltd., Tata Power Co. and Peabody Energy Corp., according to a statement from ...

Norway’s $830 billion Sovereign Wealth Fund pulled out of 27 firms with links to coal last year as part of a policy to combat climate change, prompting campaigners to urge other big investors to follow suit. The fund, the world’s biggest, also said it sold holdings in 11 companies because of concerns about the destruction of tropical forests to make ...