Clean Coal

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IEEFA update: Southeast Asian nations face a simple choice – lock in costly coal or invest in renewables

Market design failures and poorly conceived incentives burden consumers with high power prices and unstable supply

Southeast Asia is young. Its median age is under 30, and its demand for energy has grown by 60% in the last 15 years and is likely to continue growing twice as fast as other regions. But as this youthful population moves into leadership positions, they will see that incentive and market design failures in […]

IEEFA update: There is no such thing as clean coal, Mr. Fink

BlackRock’s CEO continues to advocate chasing a rainbow for investors

The world’s largest investment firm BlackRock made headlines in January 2020 with an announcement suggesting it was finally retreating from investment in thermal coal. Kudos given where kudos is due. This was an albeit late but excellent series of steps to move towards an alignment with the Paris Agreement by the world’s most powerful financial […]

February 27, 2020 Read More →
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IEEFA op ed: China’s “clean” coal technology dream describes a problem, not a solution

China should lock in real gains for its economy and set the standard on clean energy

China is a global technological leader in renewable energy and is the world’s largest consumer of solar power. Both of these accomplishments came after Chinese policy leaders realized that coal-fired power generation stood in the way of cleaner skies and lower cost power. Yet in October, Chinese Premier Li Keqiang renewed focus on what the […]

and November 12, 2019 Read More →

Sources say Chinese regulators to limit use of green bonds for ‘clean coal’ projects

Reuters: Chinese regulators are close to releasing new “green bond” standards that would exclude polluting fossil fuel projects from corporate financing channels designed to lift environmental standards, people familiar with the matter told Reuters. Beijing has in recent years promoted new green financing methods to help industry pay for its transition to cleaner modes of […]

March 21, 2019 Read More →

China disqualifies ‘clean coal’ technology from green bond funding

Environmental Finance: China will axe ‘clean coal’ from its green bond guidelines, in a move that will see its definition of green align more closely with the Climate Bond Standards and the consensus of opinions in the West. Geoffrey Choi, financial services assurance leader for the Asia Pacific region at EY, said at the Asian […]

December 14, 2018 Read More →

‘Clean coal’ projects not so clean after all, analysis finds

Reuters: Champions of coal say the superabundant fossil fuel can be made environmentally friendlier by refining it with chemicals – a “clean coal” technology backed by a billion dollars in U.S. government tax subsidies annually. But refined coal has a dirty secret. It regularly fails to deliver on its environmental promises, as electric giant Duke […]

December 4, 2018 Read More →

EU review shows carbon capture R&D funding failed

Quartz: In a report to be published later today, the European Court of Auditors will say that the EU spent more than €424 million ($486 million) over the past decade fruitlessly trying to establish carbon-capture technology. The EU considers the technology crucial to hit its climate goals, which will require the union’s member states to […]

October 23, 2018 Read More →

Plug Pulled on Long-Delayed Clean Coal Project In Australia

The Sydney Morning-Herald: The last of a long list of government-backed “clean coal” projects has fallen over, with the Andrews government reluctantly confirming the end of a $90 million program announced amid much fanfare six years ago. After days of pressing by The Age, Treasurer Tim Pallas’ department issued a statement announcing the conclusion of the […]

April 19, 2018 Read More →
IEEFA Arizona: Perilous Talk of Turning Navajo Generating Station Into a ‘Clean Coal’ Plant

IEEFA Arizona: Perilous Talk of Turning Navajo Generating Station Into a ‘Clean Coal’ Plant

Cautionary Tales from Illinois, Indiana, and Mississippi

The history of coal-gasification experimentation for electricity production doesn’t bode very well for further efforts along those lines. In fact, it serves as a warning, specifically for stakeholders in a well-known aging coal-fired plant now being talked about in some circles as a candidate for just such an experiment. That supposed contender for coal gasification […]

March 29, 2018 Read More →

‘How America’s Clean Coal Dream Unraveled’

The Guardian: Kemper, its managers claimed, would harness dirt-cheap lignite coal – the world’s least efficient and most abundant form of coal – to power homes and businesses in America’s lowest-income state while causing the least climate-changing pollution of any fossil fuel. It was a promise they wouldn’t keep. Last summer the plant’s owner, Southern […]

March 2, 2018 Read More →