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Future of Coal Series

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Despite major shifts in the industry and serious worries in coal communities, today coal still supplies nearly 40% of our electricity. According to the Bureau of Land Management, one out of every five homes and business in the US use electricity made from Wyoming coal. But what does the future look like for fossil fuels in a world where there is increasing pressure to keep them in the ground? In this series, we examine the role of coal as an energy source in a world where constraints on carbon emissions are adopted to mitigate global warming. Indeed, the challenge for governments and industry is to find a path that mitigates carbon emissions yet continues to utilize coal to meet urgent energy needs, especially in developing economies.

Future of Coal Series

Even when it's sitting in storage, coal threatens human health

Sep 14, 2017 01:20 am UTC| Health Nature Economy

President Trump and his appointees have pledged to end what they call the war on coal policies designed to reduce the health and environmental impacts from producing and burning coal, such as toxic air pollution and mine...

Future of Coal Series

Coal production: U.S. vs. China and India in climate debate part 2

Jun 29, 2017 12:06 pm UTC| Commentary

On 1st June of 2017, U.S. President Donald Trump announced United States withdrawal from the Paris Climate Accord (PCA) portraying the deal to be an unfair one American people and American workers. There has been a furor...

Future of Coal Series

Coal Kills More Americans Than 9/11 Attack Every Year; 52,000 According To Study

Jun 08, 2017 07:18 am UTC| Technology Nature

President Donald Trump said that he backed out of the Paris Climate Accord in order to increase jobs in the Fossil Fuel industry. This includes coal and oil, two of the most destructive elements in the energy industry....

Future of Coal Series

China is planning ahead for life after coal

May 09, 2017 15:37 pm UTC| Insights & Views

Chinas remarkable growth over the past three decades has elevated it to global superpower status. But its economic miracle has also attracted attention for the wrong reasons: the country is now the worlds largest energy...

Future of Coal Series

The 'clean coal' row shouldn't distract us from using carbon capture for other industries

Apr 18, 2017 06:08 am UTC| Insights & Views

Since the February blackouts in South Australia, the Australian government has increased its interest in carbon dioxide capture and storage (CCS). However, in Australia and elsewhere, CCS is closely associated to so-called...

Future of Coal Series

In China and Pakistan's coal romance, where's the love for the climate?

Mar 30, 2017 07:27 am UTC| Insights & Views

If you were travelling via motorway from Islamabad to Lahore during November or December 2016, you might have felt like your head was in the clouds. Thats thanks to the smog that engulfed large parts of Pakistans Punjab...

Future of Coal Series

That Lump of Coal

Feb 15, 2017 07:03 am UTC| Insights & Views Politics

Dont be afraid, dont be scared, it wont hurt you. Its coal. With these words Australias Treasurer Scott Morrison taunted the Opposition, attempting to ridicule its commitment to renewable energy. He handed the lump of...

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Economy

Goldman Sachs Sees U.S. Dollar Holding Firm as Strong Economic Data Supports Outlook

Goldman Sachs expects the U.S. dollar to remain supported by strong economic fundamentals, although improving global risk sentiment and resilient foreign currencies may limit additional gains. The bank noted that recent...

Canada-Indonesia Trade Pact Gains Momentum as Carney and Prabowo Discuss Economic Cooperation

Canadian Prime Minister Mark Carney and Indonesian President Prabowo Subianto held talks on Saturday to discuss the ongoing conflict in the Middle East and its potential effects on global energy markets and the broader...

US Weighs Using Frozen Iranian Assets to Rebuild Gulf Infrastructure After Regional Attacks

The United States is reportedly considering a plan to redirect frozen Iranian assets to help Gulf allies rebuild infrastructure damaged in recent attacks linked to Tehran, according to a Reuters report published on...

US-Iran Gulf Clash Raises Oil Market and Defense Stock Concerns

A fresh military confrontation between the United States and Iran has intensified concerns over global oil supplies, defense sector performance, and Middle East security. According to reports citing U.S. Central Command...

Oil Prices Slip but End Two-Week Losing Streak as Middle East Tensions Persist in 2026

Global oil prices moved lower on Friday after operations resumed at Omans key Mina al Fahal oil terminal following reports of a drone-related incident. Despite the daily decline, both Brent crude and West Texas...

Politics

MOL Gets More Time to Negotiate Acquisition of Russian-Owned Stake in Serbia’s NIS

Hungarian energy giant MOL has received additional time from the United States government to continue negotiations over the potential acquisition of a majority stake in Serbias oil company NIS, a deal that would reduce...

Princess Anne’s Son Peter Phillips Marries Harriet Sperling at Royal Wedding in England

Peter Phillips, the eldest grandson of the late Queen Elizabeth II, married pediatric nurse Harriet Sperling in a private royal wedding ceremony attended by King Charles III and several senior members of the British royal...

US-Iran Conflict Escalates After Strait of Hormuz Drone Incident

The United States and Iran moved closer to a broader confrontation after U.S. forces struck Iranian coastal radar and surveillance facilities following the interception of drones near the Strait of Hormuz. According to...

France, Allies Prepare Coordinated Sanctions Over West Bank Settler Violence

France is working with several partner countries to increase pressure on Israel by advancing coordinated national sanctions against individuals accused of involvement in violence in the occupied West Bank. According to...

Gaza Ceasefire Talks Resume as Israeli Strike Kills Seven Palestinians

An Israeli airstrike killed at least seven Palestinians, including two women, in Gaza City on Saturday, according to local health officials, as renewed Gaza ceasefire talks began in Cairo aimed at preserving the fragile...

Science

Blue Origin New Glenn Explosion Could Delay Launch Operations Until 2028

Blue Origin is facing a significant setback after a dramatic explosion involving its New Glenn rocket severely damaged a launch pad at Cape Canaveral, Florida. According to NASA Administrator Jared Isaacman, repairs to the...

Blue Origin New Glenn Rocket Explodes During Launch Pad Test, Delaying Space Ambitions

Blue Origin suffered a major setback after its uncrewed New Glenn rocket exploded during a launch pad test in Florida on Thursday, raising new challenges for Jeff Bezos space company as it competes with Elon Musks SpaceX...

SpaceX Delays Starship V3 Launch Ahead of Potential Record IPO

SpaceX on Thursday postponed the highly anticipated launch of its 12th Starship rocket test from Texas after technical issues interrupted the final countdown. The company now plans to attempt the Starship V3 launch again...

Trump Administration Releases New UFO Files and Apollo Mission Records

The U.S. Defense Department has released dozens of previously classified UFO-related files following an order from President Donald Trump, sparking renewed debate over unidentified anomalous phenomena (UAP) and government...

China vs. NASA: The New Moon Race and What's at Stake by 2030

The space race is back and this time, its a direct competition between the United States and China for dominance on the lunar surface. NASAs Artemis II mission recently made history when four astronauts flew farther into...

Technology

Bouygues, Orange and Iliad Strike €20.35 Billion Deal to Acquire SFR

Frances telecom sector is on the verge of a major transformation after Bouygues Telecom, Orange, and Free, part of the Iliad Group, signed a memorandum of understanding (MoU) with Altice France to acquire telecom operator...

Apollo and Blackstone Complete $35 Billion Anthropic AI Infrastructure Financing Deal

Apollo Global Management (NYSE: APO) and Blackstone (NYSE: BX) have completed a landmark $35 billion financing package for artificial intelligence company Anthropic, marking one of the largest private credit transactions...

US Officials Explore AI Company Equity Stakes Ahead of OpenAI and Anthropic IPO Plans

Senior U.S. government officials have reportedly held preliminary discussions with leading artificial intelligence companies regarding the possibility of the federal government acquiring equity stakes in their businesses....

Switch Eyes Multi-Billion-Dollar Funding Round at $50 Billion Valuation Ahead of Potential IPO

Data center operator Switch is reportedly in discussions to raise billions of dollars in a new funding round that could value the company at more than $50 billion, according to a report from The Information. The potential...

South Korea Weighs AI Profit Sharing as Samsung and SK Hynix Earnings Surge

South Koreas Labor Minister Kim Young-hoon has called for a national discussion on how to distribute the extraordinary profits generated by the countrys booming artificial intelligence (AI) and semiconductor industries....