Archive for November, 2015

More News and Commentary

Shift in China’s Energy-Consumption Pattern

From China Daily: Things are changing as the economy entered the new normal, which means slower but more sustainable growth. Slowing production at major coal consumers has dragged down coal consumption. China reported a 5.7 percent year-on-year decline in coal consumption in the first nine months of this year, after a 2.9 percent decline in […]

November 30, 2015 Read More →

‘Quality of Aussie Coal Will Diminish’

From International Coal News: Australia has developed its best coal resources first so the average quality of coal from new mines being proposed is declining with time, according to the Institute for Energy Economics and Financial Analysis. Quality of Aussie coal will diminish, says IEEFA

November 30, 2015 Read More →

IEEFA in Paris: Eight Signs Now Is the Time

Tina Casey for The new peak coal report from IEEFA (Institute for Energy Economics and Financial Analysis) is in the form of energy investor guidance under the title, “Carpe Diem: Eight Signs That Now is the Time to Invest in the Global Energy Market Transformation.” The full report is a quick read but for […]

November 30, 2015 Read More →

Obama and Gates Announce Multi-Billion-Dollar Clean-Energy Initiative

Colleen McCain Nelson for the Wall Street Journal: President Barack Obama and Microsoft co-founder Bill Gates will launch a multi-billion-dollar initiative Monday to accelerate clean-energy research and development as part of a global effort to fight climate change. The announcement is timed to provide a jolt of momentum as world leaders gather in Paris for […]

November 30, 2015 Read More →

Push in Paris to Support India’s Solar Transition

Tom Kenning for Indian prime minister and French president Francois Hollande will jointly launch the International Solar Alliance (ISA) at the COP21 climate conference in Paris today. The proposed alliance, also named International Agency for Solar Technologies and Applications (IASTA), is aiming to have over 100 countries join, including US, China and France as […]

November 30, 2015 Read More →

‘China Moves From Holdout to Driving Force’

From Bloomberg News: The change in stance has a lot to do with the record levels of foul air that often hang over China’s major industrialized urban centers, undermining public health. The resulting backlash over the smog has made President Xi Jinping’s government far more serious about combating climate change and investing in cleaner forms […]

November 30, 2015 Read More →

‘Clean Coal’ Initiative Struggles to Find Takers in New Energy Economy

From Reuters: The global coal industry is trumpeting “cleaner coal” technology to fight bubbling competition from renewable energy, but the high costs of greener plants are proving a major obstacle in selling them to power-hungry countries such as India. The challenges are highlighted by the experience of Japan – despite a concerted push by Tokyo […]

November 30, 2015 Read More →

A Walkout in Ohio Over Bailout for FirstEnergy

John Funk for the Cleveland Plain Dealer: The Sierra Club said it had withdrawn from closed-door negotiations with FirstEnergy over the company’s latest rate plan. The private talks began in October and initially involved only FirstEnergy and the staff of the Public Utilities Commission of Ohio. Opponents were invited late last week. The plan includes […]

November 30, 2015 Read More →

Notes on the EPA’s Clean Power Plan (Part 1: It’s More About Technology Than Coal)

Embracing New Ideas That Offer a Way Forward

One thing that sticks out across the energy industry in all the thrust and parry over the Clean Power Plan is the paucity of financial perspective and analysis from all sides. With the declining significance of coal-fired power come certain inescapable conclusions nonetheless: First, while the coal industry wants the story to focus on how […]

November 30, 2015 Read More →

Environmental Groups Increasingly Make the Economic Case Against Coal

Housley Carr for Platts Coal Trader: Environmental groups are shifting to economics-based arguments to shut down coal-fired units, and raising portfolio diversity-based concerns about new natural gas-fired units being built. Environmental groups shift focus to coal economics, natural gas risk Utilities for years have asserted that cleaner energy sources — like wind farms and solar […]

November 27, 2015 Read More →