And not just a little coal — coal made into soap, coal made into earrings and other jewelry, coal under glass, coal in cages — lots and lots of coal.
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On coal: Pushed by American Electric Power, coal producers Peabody Energy and Arch Coal and the American Coalition for Clean Coal Electricity, a coalition of coal producers and coal-dependent utilities.
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Poland's public-relations pavilion is literally made out of coal, with coal soap, coal earrings and coal shower gel.
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Lifting the coal moratorium won't boost coal production or coal jobs.
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For later generation contracts used by companies including PT Barasentosa Lestari, PT Intitirta Primasakti, PT Juloi Coal, PT Kalteng Coal, PT Lahai Coal, PT Maruwai Coal, PT Pari Coal, PT Ratah Coal and PT Sumber Barito Coal, the changes come into effect in 2018.
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The world's biggest coal consumer imported 281.23 million tonnes of coal in 2018 including thermal coal, coking coal and anthracite.
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Coal producers were laggards, with Datong Coal down 252.62 percent and Shanxi Xishan Coal 20.5 percent lower, tracking losses in coal prices.
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He likes coal and coal miners -- Poland has coal mines threatened by EU climate policies.
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All coal plants generate coal ash, the hazardous powdery substance that remains after burning coal.
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Stanmore Coal operates the Isaac Plains complex, which produces semi-soft coking coal and thermal coal.
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Second, he makes clear that the interests of coal miners and coal executives often diverge — that it's coal CEOs, not coal miners, that Trump is close to.
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Most coal is thermal coal (sometimes called steam coal), used to fuel power plants to create electricity.
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"Record coal production by Coal India leads to further reduction in imports," Coal Secretary Anil Swarup tweeted.
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What has not changed is the decline of coal — both coal mines and coal-burning power plants.
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Coal executives attribute the increase mostly to exports, especially of coal for making steel, known as coking coal.
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Bucking the trend, China's coal stocks, including Datong Coal, Yanzhou Coal and Shanxi Luan were firm, after a request by steelmakers for coal miners to ramp up coking coal production to bring down prices was rejected by the government.
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It has asked coal miners, coal transporters and freight company Transnet to continue coal supply operations during the lockdown.
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"Coal is essential for our national security and we have to go where the coal is," said N. Das, a chief general manager at Coal India, the country's top coal producer.
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COAL PIPELINE SHRINKS The coal sector's struggles are starting to show in data compiled by the Global Coal Plant Tracker.
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Major coal miners including Xishan Coal and Electricity Power, Luan Environmental Energy and Yanzhou Coal all jumped nearly 10 percent.
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And Yancoal, which is majority owned by the Chinese coal giant Yanzhou Coal Mining Company, has bought Australia's Coal & Allied.
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Officials turned to two industries in which coal is converted to other material: coal-to-gas and coal-to-chemicals.
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India's coal imports have slowed despite strong demand because domestic output rose from Coal India, the world's biggest coal miner.
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The historic coal industrial complex that includes both coal mining and coal-fired electric plants has been permanently and irrevocably replaced.
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Other coal companies were encouraged by these syndications and headed to the market, including U.S. coal supplier Contura Energy and Alabama coal miner Warrior Met Coal, which both set deadlines of March 9.
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I would prevent coal companies from using misleading marketing terms like 'clean coal,' and look for ways to move coal jobs to clean jobs, while closing coal plants and opening clean energy plants.
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After a spate of meetings with coal executives and mining lobbyists, Pruitt proposed to suspend deadlines requiring coal companies to contain toxic waste from coal plants, including a mercury wastewater and coal ash.
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Not surprisingly, the increased overseas demand for U.S. coal resulted in increased coal prices, more miners employed, a jump in coal tax revenues for state governments, and a cautious optimism among coal producers.
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More coal retirements loom The problem for coal is economics.
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So if coal is cheaper, miners will keep using coal.
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This includes clean coal and research into new coal technologies.
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" On coal: "In my mind, you really can't save coal.
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Coal Township, Pennsylvania: The median rent in Coal is $593.
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Easing coal regulations might cut the costs of coal mining.
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And the coal industry seethes with symbolism. Coal. Guns. Freedom.
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What they do with coal today is incredible, clean coal.
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Coal ash is a waste product produced by burning coal.
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For them, hostility to coal equals hostility to coal communities.
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Additional coal capacity was unavailable due to frozen coal piles.
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Falling demand for coal, tougher environmental controls and cheaper natural gas have pushed several big coal miners, including Arch Coal Inc ACIIQ.
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He's found high rare earth element content in coal seams — coal deposits that can be seen inside of rocks — and coal ash.
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Major US coal companies have lost 2900% of their value in recent years, with Peabody Coal, the nation's largest, Arch Coal Inc.
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The plant uses coal gangue, also known as low-calorific coal, which is waste product from the mining and processing of coal.
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I believe the political leadership of the Republicans, especially in coal mining states, have abandoned the coal miner to protect coal mining.
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For years, the state's 29 coal-producing counties depended on the coal severance tax, which mining companies must pay to extract coal.
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GERMAN COMPENSATION PAYMENTS FOR COAL COMPANIES WILL BEGIN WHEN COAL-FIRED PLANTS ARE TURNED OFF UNTIL BROAD FINAL COAL EXIT - GOVERNMENT SOURCES
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Coal ash, the hazardous byproduct of burning coal to produce power, is a particularly insidious legacy of the nation's dependence on coal.
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Coal India rose as much as 2.16 pct after the country's coal secretary called on power-generating companies to stop importing coal and source it from Coal India instead, according to a government statement.
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Coal-to-power production both from brown coal and imported hard coal accounts for 40 percent of Germany's total power production, making the exit from coal difficult while maintaining reliable supply to industries and households.
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We are focusing (on) the quality and prices of coal, and U.S. coal is not competitive ... We will mainly focus on Indonesian coal.
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That's because you have to account for the energy content of the coal, too—some coal is more carbon-rich than other coal.
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CoalSwarm's latest global coal status report shows growth in coal rapidly slowing; it estimates global coal capacity could peak as early as 2022.
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There were thousands of jobs in coal, but not just coal.
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A ban on coal appears welcome even here in coal country.
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Coal ash is the powdery substance that remains after burning coal.
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Coal ash is industrial waster created by coal-burning power plants.
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On Monday, Arch Coal, the second largest coal producer in the United States, became the fourth major coal company since July to file for bankruptcy, and the 50th American coal company to do so since 2012.
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Shandong, one of the country's top coal consuming regions, is working to reduce demand for coal by forcing heavy industry to get rid of coal-fired boilers and is also closing some coal-fired power plants.
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Even with these measures, coal capacity still far exceeds demand for coal, which means existing coal plants are being run less and less often.
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State-run Coal India has a near monopoly on the coal industry in India, producing more than four-fifths of the country's coal output.
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Coal ash, which is the residue produced from burning coal in coal-fired plants, is stored at hundreds of power plants throughout the country.
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A woman stacks coal into a basket as she and others work to scavenge coal from an open-cast coal mine in Jharia, India.
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Most of this investment is going toward coal-fired power plants, fueled both by imported coal and by coal mines in Pakistan's Thar Desert.
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ANOTHER COAL PLANT TO CLOSE: A northern Texas coal fired plant is adding itself to a growing list of coal refineries shutting their doors.
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In the near term, overseas demand for U.S. coal — particularly the metallurgical coal used in steel-making — should help stabilize the domestic coal industry.
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Over sixty percent of the U.S. coal was coking coal used in steel making, but unlike in 2016, Poland also bought thermal coal overseas.
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Top coal exec to Trump: 'Temper' your coal job promises Forget Paris?
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In protest, coal miners blocked a train full of coal for months.
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On the surface, Carter was an enemy of coal and coal miners.
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US coal executives made big bets premised on met coal surging forever.
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Chinese workers push mine cars loaded with coal at a coal mine.
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The resumption of federal coal leasing won't boost short-term coal production.
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METI urges using coal at home and financing coal-powered projects abroad.
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US coal consumption and coal mining jobs are likely to continue declining.
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His coal industry executive order offers little actual hope to coal miners.
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Coal-ash is the highly toxic residue from coal-burning power plants.
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Coal retirements accelerate Many other companies have been saying goodbye to coal.
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The coal ministry said that coal companies had their own safety budgets.
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Your coal industry is wiped out, and China is taking our coal.
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We're going to bring back the coal industry, save the coal industry . . .
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Coal ash is a byproduct produced primarily at coal-fired power plants.
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The U.S. coal industry continues nonetheless to perpetuate the "clean coal" canard.
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"The war against coal is over," Pruitt told Kentucky coal miners then.
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Until then, three cheers for coal and the coal industry's nascent recovery!
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The top US coal companies have come to depend on federal coal.
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Coal mining and coal-fired power plants have added to the mix.
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Because those coal miners and their grandfathers , they dug that coal out.
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Owned by a subsidiary of one of his companies, International Coal Group, the mine had been cited for more than 200 safety violations International Coal was sold for $3.4 billion in 2011 to No. 2 U.S. coal miner Arch Coal, which filed for bankruptcy protection in January amid plummeting coal prices.
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Seven firms in China's top coal mining province of Shanxi, including Shanxi Coking Coal Group, Datong Coal Mine Group and Jinneng Group, have issued statements announcing have lowered their coal prices by 15-20 yuan ($13) per tonne, according to the China Coal Transport and Distribution Association (CCTD) on Friday.
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Now expects to sell between 6.9 million tons and 7.1 million tons of coking coal in 2017 * Arch Coal says currently expecting to deliver strong operational results in year's second half * Arch Coal says there was limited spot buying activity in seaborne metallurgical markets during much of quarter * Arch Coal-at start of Q2, coking coal prices increased dramatically to nearly $300 per metric ton following cyclone-driven rail closures in queensland * Arch Coal-very few tons of coking coal were sold at peak levels as buyers headed to sidelines; prices retraced back to pre-cyclone levels by mid-june * Arch Coal says imports into china are up strongly year to date and it appears buyers have returned to market * Arch Coal says counterbalancing positive demand global coking coal supply increasing in response to stronger pricing - led by U.S. and Mozambique * Arch Coal on thermal coal markets: globally, fundamentals for moving U.S. coal into seaborne thermal markets have remained positive Source text for Eikon: Further company coverage:
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"Some utilities are reluctant to buy coal and are waiting for coal miners to cut prices," said Cheng Gong, analyst at China Nation Coal Association.
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Its coal demand should decrease slightly to 3373 billion tonnes of coal equivalent by 4757, compared to 22021 billion tonnes of coal equivalent in 22005.
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Tianjin, a key hub for coal, handles about 100 million tonnes of seaborne coal and domestic coal every year, which flows south from Inner Mongolia.
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Meanwhile, the country has vast coal reserves and a lot of coal miners who could be out of work if coal consumption dips too far.
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Republicans and coal interests in the West — where most federal coal leases are held — have opposed the review, saying it will hurt coal-mining companies.
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Coal President Trump promised to put coal miners back to work, but a plan to help the coal industry has been rejected by federal regulators.
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The world's biggest coal consumer, China, has slashed coal imports as it acts to reduce its reliance on coal and alleviate severe air pollution problems.
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Arch Coal, the second-largest U.S. coal miner, filed for bankruptcy on Monday, following peers Walter Energy, Alpha Natural Resources and Patriot Coal into Chapter 11 protection in the midst of a prolonged slump in the coal sector.
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The rising domestic coal prices have pressured profit margins at Chinese coal-fired utilities, industry executives said at the Coaltrans conference in Shanghai on Tuesday.. "Imported coal could be a supplement to domestic coal supply and help to control coal prices," said Guo Xinyi, director of the fuel department at China Huaneng Group, adding that the 200 million tonnes of annual coal imports cannot be replaced easily.
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No fuel matters more to it than coal: it fires up 61% of India's power-generating capacity and Coal India is the world's biggest coal company.
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The current coal program charges a 12.5 percent royalty rate on surface-mined coal and 8 percent on coal mined underground, the lowest rate legally allowed.
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Most American mined coal goes to generate domestic energy, but a disproportionate share of coal companies' revenue comes from exporting metallurgical coal, used in steel manufacture.
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"Unless U.S. coal producers give us a big bargain, Chinese buyers will not import U.S. coal," said Huang Zhiqi, a coal trading consultant at Falcon Information.
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The Interior Department's coal moratorium is tied to an agency review of the federal coal leasing program, which allows miners to produce coal on public lands.
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"If there's disruptions in Indonesia, coal buyers will have to turn to alternative sources to meet their demand, and that's Australian coal," said one coal trader.
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Pittsburgh-based Consol, which has shifted its focus to natural gas from coal, raised $101 million in October by selling coal assets, amid low coal prices.
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The coal ministry said it had increased spending for exploration in 2019/20 to develop more coal blocks to increase domestic coal production and minimize imports.
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Late last summer, to cut coal use in northern China and replace it with cleaner natural gas, officials tore out coal stoves and suspended coal deliveries.
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READ: Everything Trump said about clean coal last night was wrong "Clean coal" tech aims to snatch the carbon out of the air as coal burns.
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Domestic hard coal mining will cease in 2018 and Germany's coal miners and users expect the country's last brown coal mines to close by around 2045.
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Here's the price of met coal versus three different regions of thermal coal.
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Arch Coal bought met producer International Coal Group for $22011 billion [in 2011].
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Coal ash is placed in pits or ponds next to coal power plants.
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Coal is king in Kentucky, but not at the Kentucky Coal Mining Museum.
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Elsewhere, coal producer Whitehaven Coal erased morning gains to end 0.097.99 percent lower.
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We should be concerned about pensions for coal miners — but all coal miners.
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He wants to bring back coal mining, he says to restore coal jobs.
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But cleaner coal is still coal, the dirtiest fuel source on the planet.
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"We're going to have clean coal, really clean coal," he said in March.
|
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Coal miners' profits have this year been boosted by a coal price rally.
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However, brown coal and imported hard coal still accounted for 42 percent together.
|
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A comparable coal-fired plant burns 2.5 million tons of coal per year.
|
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"Coal miners were not under big pressure to ensure coal supplies this summer since China bought lots of coal from the overseas market while stocks at ports have been at a high level," said Wang Fei, coal analyst at Huaan Futures.
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The sources said Tauron may hope to sell some of its mines to state-run companies in the coal industry, such as the biggest coal miner PGG, coking coal producer JSW or coal trader Weglokoks, which are in better financial shape.
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I mean, frankly, you know, coal — clean coal is really a new thing that really does work and you look at China, what they're doing with coal.
|
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Decreasing demand for coal, stricter environmental controls and increasing competition from natural gas have pushed four big coal miners, including second-largest U.S. miner Arch Coal ACIIQ.
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Rio sold its Coal & Allied thermal coal division in 2017 for $2.7 billion and it is also in the process of selling two Australian coking coal mines.
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"Australia's position on coal is we won't have a communique where coal and coal-fired generation, or phasing it out now, is a realistic proposition," Hawke said.
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Inside the convention pavilions, they found mounds of coal displayed behind glass, like objets d'art, as well as arrangements of coal-based cosmetics and coal-encrusted jewelry.
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Both India and China lack high quality domestic reserves of coking coal, meaning the outlook for coking coal is considerably brighter than it is for thermal coal.
|
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This included coal friendly positions taken by the Minerals Council of Australia and coal body Coal21, such as calling for government subsidies for coal-fired power stations.
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Last year, however, the Polish coal industry started to face new problems because of increased coal imports and falling demand, leaving coal-mining companies with unsold stocks.
|
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Smaller coal miners are facing similar issues in trying to refinance another Australian coal port, the Wiggins Island Coal Export Terminal, where Glencore is the main backer.
|
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Coal is used to generate power almost everywhere, but problems associated with coal ash and coal ash slurry disproportionately affect low-income and minority communities, experts say.
|
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The administration says coal plants can be made to burn coal far more efficiently.
|
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The coal lobby expressed pleasure that the report acknowledged the importance of coal plants.
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Clinton's agenda was to 'put a lotta coal miners and coal companies outta business.
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Next to the coal plant sits a coal ash pit, where waste is stored.
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The coal business is – you know, there is such a thing as clean coal.
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Coal could take the upper hand again when coal-fired plants resume normal operations.
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Coal: The Environmental Protection Agency (EPA) is delaying new financial requirements for coal miners.
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Coal mines: The Department of Labor is reviewing its regulations for underground coal mines.
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Coal ash is a waste product from burning coal that contains harmful heavy metals.
|
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"We're going to bring back the coal industry, save the coal industry," he said.
|
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The left wants coal production stopped, even though clean coal is not a fiction.
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Coal mines: The Department of Labor is considering new safety standards for coal mines.
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Wyoming is America's No. 1 coal producer, accounting for 40% of all coal mined.
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Air pollution from coal mining and coal plants is dangerous to global public health.
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However initiatives like Sierra Club's Beyond Coal have been critical in closing coal plants.
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The shuttered coal capacity in China nearly matches total U.S. coal production in 21625.
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Coal mines: The Department of Labor is looking into safety requirements for coal mines.
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Prices of steelmaking coal, known as coking coal, have more than doubled this year.
|
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This is coal country where the President is advertising his efforts to revive coal.
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Coal emits pollutants as it decays, and wind-blown coal dust pollutes neighboring communities.
|
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A wave of bankruptcies has hit the nation's largest coal companies, most recently on Monday with the bankruptcy filing of Arch Coal, the nation's second-largest coal company.
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A year later, Patriot Coal was loaded up with even more liabilities when it acquired Magnum Coal, an offshoot of the country's second-largest mining company, Arch Coal.
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Among more than 4,600 coal mines inspected, the NDRC has revoked safety certificates for 28 coal mines and forced another 286 coal mines to halt production, it added.
|
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"We know that Germany still uses coal to a large extent and coal, especially brown coal, should make a contribution to meet our (emissions reduction) goals," Merkel said.
|
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Shares in China's coal miners were particularly strong, as the country said it will ban coal imports at small ports from July 1, boosting China's coking coal futures.
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|
Kilmeade noted that although Trump has promised "really clean coal"—or coal mining that's better for the environment—there's the argument that clean coal does not actually exist.
|
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The lender has already stopped financing coal mines and coal-fired power plants, and no longer supports coal companies that are not planning to diversify their energy sources.
|
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Trump is also loosening regulations to encourage more coal projects, and coal burning produces massive amounts of coal ash waste that is often stored in old, leaky ponds.
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Robust quarterly results by Universal Coal PLC pushed the stock 4.6% higher, also driving up shares of other coal miners such as Whitehaven Coal and New Hope Corp .
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"When power plants burn coal, the resulting waste--coal combustion residuals, or coal ash--includes a host of toxic chemicals, such as arsenic, lead, and mercury," they wrote.
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Lifting these restrictions on coal (along with the stream-protection rule Trump reversed earlier) is not going to spark any coal renaissance or create any new coal jobs.
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BHP Billiton, the world's top exporter of coking coal used in steelmaking and also a producer of energy coal, is in the enviable position of running profitable coal mines at a time when more than half the world's coal mines are losing money.
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Shipments of coal to Asia accounted for more than half of Russia's total coal exports last year and China's imports of Russian coal rose 14 percent in October alone.
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The coal appears to have spilled from one of the ship loaders at Hay Point Coal port, as well as spillages from trestles carrying the coal to ship loaders.
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Prices of coal have rallied since the bankruptcies of Alpha and other coal companies such as Peabody Energy Corp and Arch Coal Inc, thanks to strong demand from Asia.
|
|
"They've stopped letting in coal since July," said a security guard at the biggest coal yard in the inland port city, now empty barring two small mounds of coal.
|
|
Falling demand for coal, tough environmental controls and growing competition from natural gas have pushed several big coal miners, including Arch Coal, into bankruptcy protection over the past year.
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COMMITTEE VOTES TO WEAKEN COAL MORATORIUM: The House Natural Resources Committee voted Thursday to exempt some coal mines from the Obama administration's moratorium on new federal-land coal leases.
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Newcastle coal is thermal coal exported from the port of Newcastle in New South Wales and is the price benchmark for seaborne thermal coal in the Asia-Pacific region.
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"Regardless of who wins the election, we know that coal will still be running America," proclaimed The American Council for Clean Coal Electricity (ACCCE), a coal industry trade association.
|
|
In filing for bankruptcy last week, Peabody Energy joined Arch Coal, Patriot Coal, Walter Energy and Alpha Natural Resources among the largest coal mining companies recently facing this fate.
|
|
"Coal consumption was curbed by output cuts ... driving coal prices down and making imported coal less competitive compared to the domestic fuel," said Xu Bo, analyst at Haitong Futures.
|
|
Analysts have been warning for months that Peabody could follow the nation's other large coal companies, like Arch Coal, Alpha Natural Resources and the Patriot Coal Corporation, into bankruptcy.
|
|
And Indonesian state coal miner Bukit Asam is targeting commercial operation of four coal processing plants in South Sumatra that would extract gas from, as well as burn, coal.
|
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"We should be concerned about whether China is burning more coal in the future, but increasing its coal capacity is not equivalent to using that much coal," Ren says.
|
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The Lesson: Climate change complacency tied to vested interests (coal, coal, coal) can be much harder to dislodge than the complacency around adaptation, which allows for more immediate visibility.
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But the smarter they get, they less they will need coal, because coal is dumb.
|
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Even with the coal drop-off, the President Trump administration is hoping to keep coal.
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Zatezalo also served as chair of the Ohio Coal Association and the Kentucky Coal Association.
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As for coal mining: About 232 percent of US coal supply comes from public land.
|
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Go deeper: How one Australian region kicked the coal habit Australia's coal exports are booming
|
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Coal prices are again strong at close to $100 a tonne for Richards Bay coal.
|
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Rio Tinto has sold its coal mines, but still uses coal power in some operations.
|
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Coal miners pulled back after strong rallies recently on the back of higher coal prices.
|
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However, just because Trump is pledging to revive coal industry, Friedlander wouldn't buy coal stocks.
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But even in coal-producing states, coal is only a small part of the economy.
|
|
Coal miner Whitehaven Coal was at its highest in over two weeks, up 5.5 percent.
|
|
Australian coal rail operator Aurizon Holdings had been in talks to acquire the coal terminal.
|
|
Coal-state lawmakers have slammed the move, saying it will hurt their states' coal industries.
|
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Notably, the mine was to produce coking coal and not thermal coal for power plants.
|
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If Mr. Murray helped remake the modern American coal industry, then coal made the man.
|
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It produced 40% of the world's coal, but had 80% of all coal mining deaths.
|
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LAWMAKERS AIM TO EASE COAL COUNTRY'S FALL: Coal communities around America are looking for help.
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Coal: The Department of the Interior is delaying potential new rules for coal mining companies.
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Immediately afterward, he met with another coal executive, and then with the Congressional Coal Caucus.
|
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Sunrise Coal is the second-largest coal producer in the state, according to the Star.
|
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US exports of coal soared 61% to 97 million short tons of coal last year.
|
|
In 2005, he created PacRim Coal to carry out his quest for coal in Alaska.
|
|
In China, coal capacity will peak in 2020 and coal generation will peak in 2025.
|
|
While American utilities are shunning coal, Mr. Raney says, some mines are shipping coal overseas.
|
|
Met coal prices, however, reflect the coal sector's only major sign of life this year.
|
|
Donald Trump campaigned for president with intense support from coal miners and coal mining communities.
|
|
Solar industry culture is different from the culture in many coal communities and coal companies.
|
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As for coal mining: About 40 percent of US coal supply comes from public land.
|
|
Burning natural gas also produces fewer carbon dioxide emissions than coal, but coal is cheaper.
|
|
Trump's pro-coal — make-America-cough-again — campaign will never get Apple back on coal.
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Coal companies with union workers Taxpayers Coal companies (both union and nonunion) AS OF DEC.
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For coal country isn't really coal country anymore, and hasn't been for a long time.
|
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Trump made a campaign pledge to focus on coal and to help save coal jobs.
|
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Despite Trump's efforts to save coal jobs by rolling back regulations, coal jobs are declining.
|
|
But then, I think Trump just says "clean coal" when he means "coal" because lolnothingmatters.
|
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Bloomberg already backs another effort, Beyond Coal, dedicated to shutting down coal-fired power plants.
|
|
"We'll continue to seek opportunities to cut some of our thermal coal assets and raise our coking coal exposure," Sojitz President Yoji Sato has said, adding that a recovery in thermal coal prices provides a good opportunity to sell stakes in low-quality coal mines.
|
|
North Korean coal is classified by Chinese customs as anthracite, a grade of coal that doesn't have quite enough energy content to be coking coal, used for steel making, but is generally of higher quality than most types of thermal coal used for power generation.
|
|
The spokesman added that for CLP, phasing out coal-fired generation capacity will mean retirement and closure of coal-fired power assets, moving away from build-operate-transfer coal-fired projects before the end of the contract term, or divestment from a coal-fired asset.
|
|
REGAN: And I also heard that coal may actually -- the coal trade may have been resumed as well where the North Koreans aren&apost able to send the Chinese coal.
|
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Thermal, or steam, coal miners may try to take advantage of the large price gap between so-called semi-soft coking coal and steam coal, said industry sources on Friday.
|
|
Although Trump has tried to boost coal by slashing environmental regulations and installing a former coal lobbyist to lead the EPA, coal keeps losing ground to cleaner and cheaper alternatives.
|
|
Coal pollution contributes to 800,000 premature deaths annually, and, as coal becomes increasingly uncompetitive, governments across Asia are considering new clean-air regulations that could further undermine coal-plant economics.
|
|
China's top coal producers - the Shenhua Group, China Coal Energy Group and the China Datong Coal Group - that account for about a fifth of national output, have signed the declaration.
|
|
But coal imports are still 18.2 percent higher in the January to July period, given higher demand for both thermal coal for power generation and coking coal for steel production.
|
|
Earlier that morning, coal executives, lobbyists, and top state Republicans told EPA officials that the CPP would destroy the coal industry—and that repealing it would bring coal jobs back.
|
|
In the long term Australia's coal industry may see a bifurcation, as exports rise for coking coal, which is crucial for the production of steel, and slump for thermal coal.
|
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Since carbon dioxide from coal combustion with oxygen weighs more than coal, paying for coal to stay unmined could now be considered as a low-cost way to sequester carbon.
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"Poland needs coal and either this will be our coal or from outside," Tobiszowski also said, referring to Poland's increased coal imports, mostly from Russia as domestic production has fallen.
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Richards Bay Coal Terminal - Africa's largest coal export facility - did not reply to requests for comment on the lockdown's impact on thermal coal exports, most of which go to Asia.
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Yes, but: The Powder River Basin still has a lot of recoverable coal left, and carbon-capturing technology installed in coal-fired power plants could make coal a viable option.
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Meanwhile, Nova Scotia Power already burns coal in Cape Breton, shipped in from South America—coal that many call "blood coal" because of dangerous labor practices used in its sourcing.
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The World Coal Association estimates that coal currently fuels about 41 percent of global electricity production.
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That growth was fueled almost entirely by coal — hundreds and hundreds of new, dirty coal plants.
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Both coal and natural gas produce CO16 emissions, though natural gas creates far less than coal.
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Robert Murray's coal company is on the brink And that means more pain for coal country.
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"Coal demand remains strong, especially in Asia," said Paul Flynn, managing director of Whitehaven Coal (WHC.AX).
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PacifiCorp is a big owner of coal plants — 60 percent of its energy comes from coal.
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Coal does employ many thousands of people but the harm caused by burning coal affects billions.
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Clean coal has less dust and fewer emissions when it burns compared with normal thermal coal.
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"Clean coal" refers to emerging technologies that capture the carbon released from coal-burning power plants.
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"Every government in Poland is coal, coal," Monika Sadkowska, a Warsaw-based climate activist, told Grist.
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Sanders has been able to maintain his anti-coal stance while drawing support from coal country.
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Coal plants run on imported hard coal contributed 75.7 TWh, or 13.9 percent of the total.
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Rio has also sold its remaining coal operations to buyers including Glencore and Australia's Whitehaven Coal.
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Thermal coal is used primarily for heat, while metallurgical coal is typically used to produce steel.
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Peabody Energy, the largest publicly-traded U.S. coal company, and Arch Coal each dropped 2.8 percent.
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"Generali's move shows coal is increasingly becoming uninsurable," Lucie Pinson of campaign group Unfriend Coal said.
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"Coal production has declined because of increasingly challenging market conditions for coal producers," the report said.
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In the case decided Tuesday, Mingo Logan, a subsidiary of coal-mining giant Arch Coal Inc.
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The north China-based miner's parent company is China Coal, the country's second-largest coal producer.
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Craft, the wife of a coal executive, also pledged to recuse herself from matters involving coal.
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COAL MAGNATE TO FUNDRAISE FOR TRUMP: Bob Murray, head of coal mining company Murray Energy Corp.
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Automation in underground mines is making Illinois Basin coal more competitive with Wyoming coal, Godby said.
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Trump vowed to support coal during his presidential campaign and bring jobs back to coal country.
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Mongolia and Indonesia are other potential sources of coking coal for China, three coal traders said.
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Even the coal barons don't believe Trump's rear-guard battle can bring back US coal jobs.
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It keeps coal country loyal, even as the promises of a revitalized coal industry ring hollow.
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" Coal Trump said the Obama administration tried to end the use of "American, clean, beautiful coal.
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Coal country is still hurting Trump's election raised hopes of a turnaround in the coal industry.
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Simultaneously, reducing coal use will reducing disproportionate environmental health burdens on those living near coal plants.
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Because we're going to put a lot of coal miners and coal companies out of business.
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Coal is the North's most valuable commodity, and China cut off its coal imports this year.
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China isn't just largely powered by coal, it's building hundreds of coal plants in other countries.
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Removing regulations on coal-fired power plants wouldn't necessarily bring back a lot of coal jobs.
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Coal imported from the United States accounted for 6.3 percent of total coal imports in 2017.
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They have also interrupted coal-fired power generation, partly by dampening the coal needed to burn.
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Some coal-fired facilities froze – both the power plants themselves and their on-site coal piles.
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Australia is the world's biggest exporter of metallurgical coal and second-biggest exporter of thermal coal.
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Designed by Heatherwick Studios, Coal Drops Yard's two buildings were previously part of a coal plant.
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She flew to Mingo County, the heart of coal country, to apologize to coal miners directly.
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In Malawi, planned coal projects would bring its coal-fired capacity to 3,500 megawatts from zero.
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Thirty years ago, the goal of the coal leasing program was explicitly to encourage coal extraction.
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But clean coal more commonly refers to coal power plants that capture their greenhouse gas emissions.
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Coal India, a state-owned coal miner that is the world's largest, employs, at last count, 370,000 people, and there are up to 500,000 working in the coal industry at large.
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Former President Barack Obama had imposed the coal moratorium pending a government study on the impacts of coal mining on public land, cheering environmentalists but upsetting parts of the coal industry.
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Higher Indian coal imports are a boon for international miners such as Indonesia's Adaro Energy, Australia's Whitehaven Coal, U.S. coal miner Peabody Energy Corp and global commodity merchants such as Glencore.
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Higher Indian coal imports are a boon for international miners such as Indonesia's Adaro Energy, Australia's Whitehaven Coal, U.S. coal miner Peabody Energy Corp and global commodity merchants such as Glencore .
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Coal sales to India, the world's largest growth market for seaborne high-grade steelmaking or coking coal, represent about 2000 percent of Teck's book, Teck's vice president of coal marketing said.
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From July 1, it will no longer offer any new direct insurance services for construction projects for thermal coal mines, coal-fired power stations or thermal coal transport infrastructure, it said.
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Queensland accounts for more than 50 percent of global seaborne coking coal supplies, with Goonyella alone transporting more than half of the state's coal - mostly coking coal, used for steel making.
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In addition to structural factors, coal producers were hit by the warmest winter on record in 2015/16, which sharpened gas-on-coal competition, with coal the biggest loser (tmsnrt.rs/2ehrWvH).
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Whitehaven Coal Ltd, Australia's biggest independent coal miner, said it expects record full-year results on the back of strong coal prices, sending its shares up as much as 3.9 percent.
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At another point, he heralded the arrival of clean coal plants, adding, "They are taking out coal; they are going to clean it" — which is not how clean coal plants function.
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It comes after a number of bankruptcy filings over the last two years by other coal companies, including industry giants like Arch Coal, Patriot Coal, Walter Energy and Alpha Natural Resources.
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And while older coal plants will start retiring, eventually reducing overall coal dependency, the country still expects to meet more than a quarter of its electricity needs from coal in 2030.
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Energy stocks dipped 0.2%, dragged largely by a 1.9% drop in Whitehaven Coal, Australia's largest independent coal producer, as it posted a 2.53% plunge in its second-quarter saleable coal production.
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Murray Energy, a private coal company, has said that it and other coal producers and related industries are "threatened with bankruptcy and significant economic harm" if coal-fired power plants shut.
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In the end, a number of US coal companies, including Peabody and Walter Energy, were stuck with a bunch of unprofitable met-coal investments at the exact same moment that demand for the thermal coal (or "steam coal") used in US power plants was also declining.
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Trump's industry allies, including Robert Murray, CEO of private coal mining giant Murray Energy Corp, had complained that the MATS rule contributed to the demise of the coal business by triggering hundreds of coal-fired power plant shutdowns and driving coal demand to its lowest in decades.
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The point being that replacing some of these huge amounts of coal to much cleaner natural gas would greatly reduce the world's coal emissions For countries like China and India whose economies are based on coal, advanced coal technologies could become the energy of choice for many.
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In return, the coal industry got two things it has been wanting: rolled-back emissions limits on coal-fired power plants and reopening coal mining on public lands with low-cost leases.
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What is more likely is that coal output in the United States may stabilize, with higher production of coking coal used to make steel offsetting any declines in coal for power generation.
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Much of the coal exported from Queensland to China is high-grade coking coal used in steel-making, although the state also ships lower quality thermal coal mainly used in power plants.
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Coal miners say a railway would deliver coal more quickly and efficiently, but the government has struggled to finish a train line between coal country in the Gobi desert and the border.
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The lack of demand has driven the price of coal down and helped force Arch Coal Inc, the nation's second-largest U.S. coal miner, to file for bankruptcy protection earlier this month.
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What is more likely is that coal output in the United States may stabilise, with higher production of coking coal used to make steel offsetting any declines in coal for power generation.
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Reversal of the Interior coal lease moratorium and rescission of the Clean Power Plan will certainly benefit the coal industry as well as older coal-fired plants which faced more immediate retirements.
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TRUMP OFFICIAL PLEDGES TO BE COAL 'ADVOCATE': A senior Trump administration official in the Energy Department told a coal industry gathering Wednesday that he aims to be a strong advocate for coal.
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These industrial uses of coal aren't likely to change because coal is one of the most storable and transportable fuels, and the cost of using coal does not reflect its adverse impacts.
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India has already challenged the view that coal is cheaper than renewables, with power auctions in recent years showing solar can outcompete even established coal plants, and dominate newly-built coal generators.
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Coal accounts for 40 percent of electricity generation globally and an even higher share in China, which has abundant coal resources and more than four million workers employed in the coal sector.
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But coal miners, including China Coal Energy and Pingzhuang Energy continued to rise, on the back of higher coal prices as government efforts to reduce capacity caused supply shortages in some areas.
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Coal companies can also take steps to reduce the pollutants generated by burning coal in traditional plants — by, for instance, washing coal that comes out of mines to reduce its ash content.
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MELBOURNE, April 20 (Reuters) - BHP Billiton is considering giving up its coal stakes in Indonesia, where it recently started producing coal, amid uncertainty over Indonesian regulations and a weak outlook for coal.
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However, the only energy firm to fall among benchmark constituents was Whitehaven Coal after the country's largest independent coal miner cut its full year 2020 managed run of mine coal production outlook.
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Making Coal Competitive Again Simply saying that people will get their coal jobs back does not actually sound like a plan since coal generated electricity does not come at a competitive price.
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PacRim Coal LP, the developer behind the Chuitna Coal Project, was in the later stages of the state and federal mine permitting process to develop coal deposits 45 miles southwest of Anchorage.
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They involved power plants fueled by coal or coalbed methane as well as coal-to-chemical projects.
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There, machines strip coal from vast beds just below the surface — making the region's coal much cheaper.
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Heilongjiang has slashed targeted coal capacity cutbacks in order to ensure enough coal for the region's utilities.
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In 2017 utilities shut or converted from coal-to-gas nearly 9,000 megawatts (MW) of coal plants.
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President Donald Trump campaigned on reviving the coal industry, and his administration has loosened several coal regulations.
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Market Vectors Coal ETF — a basket of coal company stocks — has lost 85% over the same period.
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The document from the provincial coal administration was sent to city authorities and state-owned coal companies.
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Peabody, like other coal companies, has been hammered as cheap natural gas erodes the demand for coal.
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The incident occurred at Hunan Baodian Qunli Coal Mining Co, which produces 120,000 tonnes of coal annually.
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Coal companies have every incentive to publicize a "war on coal" as the source of their woes.
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And then we interviewed this coal miner and the coal miner turned the questions around on me.
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If you think back to 2012, coal companies actually bussed in coal miners to Mitt Romney's speeches.
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While "Beyond Coal" has helped to retire coal plants, that advocacy effort basically swims with the current.
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Coal firms bet that demand would continue, and that Asian markets would also want ordinary steam coal.
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This nation is the world's largest coal exporter, and nearly 75% of its electricity is coal-fired.
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Dalian port is a key inlet for China's imports of coal, coking coal, iron ore and alumina.
|
|
Whitehaven Coal Ltd stock surged 8.54 percent after thermal coal prices jumped to 2016 highs this week.
|
|
Indonesia is the world's largest thermal coal exporter and supplies 70 percent of the Philippines' coal imports.
|
|
Trump appears to use the word clean coal to describe coal generally speaking, which is not clean.
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|
A BAD DAY FOR COAL PLANTS: Tuesday brought two pieces of bad news for the coal industry.
|
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During the suspension, coal miners will not load new trucks with coal for deliveries, the spokesperson said.
|
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And because of Cyclone Debbie, China will replace its disrupted supply of Australian coal with American coal.
|
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Coal ash storage ponds are often adjacent to waterways, since coal-fired power plants need cooling water.
|
|
Coal plants retired last year equaled the entire coal capacity of Britain, according to the Sierra Club.
|
|
By then renewables will be way cheaper than coal -- keeping coal at that point makes no sense.
|
|
Because we're going to put a lot of coal miners and coal companies out of business, right?
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|
Frozen coal piles and train derailments have kept coal plants elsewhere from operating during cold winter weather.
|
|
Coal miner Whitehaven also requires planning commision approval for a proposed expansion of its Vickery coal mine.
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|
Coal production and coal burning is much cleaner than it was 21625, 2900 or 220006 years ago.
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|
"Coal has reacted stronger than natural gas because more spare coal capacity has been activated," he said.
|
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Coal heating in houses is largely to blame; to save money, people burn waste coal and slurry.
|
|
Coal plants keep a 30 to 90 day coal supply on hand in case of supply disruption.
|
|
In coal-reliant Poland, the country's four major state producers are historically heavily exposed to coal generation.
|
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In fact, coal companies seeking to pay off creditors may face pressure to maintain revenues from coal.
|
|
Washington state denied certification for the Millennium Coal Terminal, a shipping port for large stocks of coal.
|
|
While domestic coal use is under pressure, coal exports have risen this year amid high global demand.
|
|
China's response to coal scarcity shows how hard it will be to wean the country off coal.
|
|
The coal sector's struggles are starting to show in data compiled by the Global Coal Plant Tracker.
|
|
COAL-FIRED POWER * By the end of October, small coal-fired boilers in Beijing will be shut.
|
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The government is establishing 14 large coal "bases" around the country where coal use will be concentrated.
|
|
Or we could subsidize alternatives to coal like clean and renewable energy, making coal less economically viable.
|
|
" Facts First: Obama did try to reduce the use of coal -- but nothing about coal is "clean.
|
|
Naga women in northeastern India sell coal and locally made coal stoves on a cold winter day.
|
|
Note that Peabody Coal, the world's largest coal company, saw its share price soar after Trump's election.
|
|
Yes, but: Despite hitting peak coal consumption in 2013, China's subsequent transition from coal has been uneven.
|
|
Coal futures also rose on Monday, with coking coal up 5.4 percent and coke advancing 7.2 percent.
|
|
Quitting coal The UK, perhaps more than any other country in the world, was built on coal.
|
|
In May, Allianz said it would immediately stop insuring single coal-fired power plants and coal mines.
|
|
The opposition Labor Party also generally comes out in favor of coal mines and coal power generation.
|
|
Why North Korea would sharply increase coal imports is a mystery, as it has plenty of coal.
|
|
John Eaves at Arch Coal, another recently bankrupt coal giant, got an award valued at $10 million.
|
|
"If coal prices reach 2018 peak levels, U.S. coal will become popular in India again," Yasrab said.
|
|
The downturn in the coal market has hit several of the U.S.'s largest coal mining companies.
|
|
Coal plants: The administration introduced the Affordable Clean Energy rule, which keeps coal-powered plants open longer.
|
|
Trump has been a vocal proponent of coal, despite market indications that coal will soon bottom out.
|
|
Indonesia has vast coal reserves, mostly in Borneo, where coal mining is also a cause of deforestation.
|
|
But McConnell and Trump ran in coal country primarily as opponents of President Obama's coal regulations, which they said were killing the coal companies that were the foundation of many Appalachian communities' economies.
|
|
Since it was mandated in 2015 to avoid companies heavily reliant on coal, the wealth fund has divested from 71 companies, mostly coal miners but also utilities using coal in their energy mix.
|
|
"Fortum acknowledges that not only the use of coal but also the origin of coal is a source of concern to some stakeholders ... Uniper is much more than a coal company," it said.
|
|
As in China, the mass layoffs from coal raise tough questions about how American workers will transition and what will become of their pensions, as coal company after coal company files for bankruptcy.
|
|
NEW DELHI (Reuters) - Coal India Ltd is actively looking to acquire coking coal assets in Australia, a senior company official told Reuters, as the country looks to beef up its foreign coal assets.
|
|
"In China, coal demand is in structural and slow decline driven by a new economic growth model and diversification of coal," the Paris-based IEA said in its medium-term coal market report.
|
|
The coal commission is working on a plan to phase out brown coal mining and coal-fired power plants without causing further economic weakness in affected regions and triggering thousands of job losses.
|
|
The coal industry can be split into two broad sectors, namely coal mined and burnt domestically, and the seaborne market, where coal is mined and exported to countries that need to import energy.
|
|
After the coal is mined, coal companies can undervalue the coal for the purpose of paying royalties by selling it to a subsidiary, which turns around and sells it for a higher price.
|
|
Coal stockpiles at China's six largest coastal coal-fired power plants reached 18.32 million tonnes on Wednesday, equivalent to nearly 31 days of daily consumption, data from the Qinhuangdao Seaborne Coal Market showed.
|
|
The West Virginia Coal Association said the endorsement shows their faith that Trump can bring the state's coal industry back from President Obama's "War on Coal," which they say Clinton would just continue.
|
|
U.S. coal exports to China have mainly been higher-quality coking coal used in steel-making, although a number of ships carrying thermal coal used in power stations have been tracked this year.
|
|
Its powerful coal sector is building and financing coal-fired power plants in 17 countries, according to Urgewald, an advocacy group based in Germany that is pushing for a global exit from coal.
|
|
LNG, COAL COULD WORK The logistics around LNG and coal are more feasible, with the United States having plenty of LNG available for export, although there may be some restrictions on coal capacity.
|
|
BHP Billiton is considering quitting its coal assets in Indonesia, where it recently started shipping steel-making coal from a small mine, amid uncertainty over Indonesian regulations and a weak outlook for coal.
|
|
Confusingly, administration officials have sometimes used "clean coal" to refer to highly efficient coal plants that don't use carbon capture, but emit somewhat less carbon dioxide into the atmosphere than older coal plants.
|
|
"Transformational coal technologies" is code for what is otherwise commonly pitched as "coal gasification," a coal-industry experiment that has failed time and again at great expense to taxpayers, utility customers and investors.
|
|
Japan has been criticized for its heavy use of coal-fired power generation and plans to build new coal-fired plants at home, the only G7 nation still building coal plants at home.
|
|
D.D. Ramanandan, general secretary of the All India Coal Workers Federation - an umbrella body of 22 coal workers' unions - told Reuters that 85%-90% of coal production was affected due to the strikes.
|
|
Money for "clean" coal: The spending bill includes $2900 Million for "clean coal" technology development including investing in technology to capture carbon dioxide from coal burning and using it to improve oil production.
|
|
D.D. Ramanandan, general secretary of the All India Coal Workers Federation - an umbrella body of 22 coal workers' unions - told Reuters that 85%-90% of coal production was affected due to the strikes.
|
|
His policies contributed to massive job losses in coal country, the premature shuttering of vital coal-fired power plants, and were a factor in profitable coal companies being forced to file for bankruptcy.
|
|
BHP is the world's biggest shipper of coking coal, used for steelmaking, but also has some thermal coal.
|
|
Hillary Clinton says her plan will 'put a lot of coal companies and coal miners out of business.
|
|
The world's biggest shipper of seaborne coal, Glencore , has said that coal continues to offer an investment opportunity.
|
|
An index tracking coal producers jumped more than 2 percent, as China's coal futures hit 2-month high.
|
|
Indonesian coal companies are a powerful lobby; not coincidentally, power tariffs favour coal over wind and solar projects.
|
|
The event's sponsors include Europe's largest coking coal company, and guests were greeted by a coal-miners' band.
|
|
Higher quality Australian coal exports will be less impacted than other major exports such as coal from Indonesia.
|
|
The big coal companies find ways to lay off more and more miners as they're automating coal mining.
|
|
China burns half the world's coal and has added 40 percent of the world's coal capacity since 2002.
|
|
We're going to have so much coal, you're going to say 'Where did all this coal come from?
|
|
Environmentalists strongly oppose more coal mining on federal land, saying burning all that coal would exacerbate climate change.
|
|
The bulk of coal supplied to India from Australia is higher-quality coking coal, used to make steel.
|
|
The lack of demand has driven the price of coal down and helped force Arch Coal Inc ACIIQ.
|
|
Coal prices shot up in response, by 60 percent for thermal coal (the kind used in power plants).
|
|
It will also create "no-coal zones" and convert thousands of coal-fired boilers to cleaner-burning gas.
|
|
A front-end loader drops coal near a coal mine at Datong, in China's northern Shanxi province, Nov.
|
|
Coal is cheap compared with oil and gas, and coal reserves are distributed more widely around the world.
|
|
" For Mr. Thomas Fischer who works in coal, you can remember the phrase "he fishes for coal orders.
|
|
A former Australian coal billionaire, Nathan Tinkler, was declared bankrupt this year after losing a fortune in coal.
|
|
COAL MINER PLANS TO CHALLENGE MANCHIN: A former coal worker in West Virginia is preparing to challenge Sen.
|
|
Absolutely. It is better to export cleaner coal oversees than have China use low-quality, high-sulfur coal.
|
|
Coal ash is a waste product from burning coal and contains harmful heavy metals like arsenic and cadmium.
|
|
But the average for all power plants conceals significant differences between coal and non-coal power generating units.
|
|
Excavation has improved also with most coal mines using machines to chisel out the coal instead of explosives.
|
|
The study found that the policy would help coal miners by supporting 790 coal mine jobs each year.
|
|
More coal plants would be developed given that coal would then become a far cheaper source of fuel.
|
|
The administration hopes to increase U.S. coal exports by encouraging the construction of coal plants abroad, he said.
|
|
Here's what is happening: Coal miners: The federal government is moving forward with new protections for coal miners.
|
|
COAL SHOWDOWN: The Hill's Timothy Cama reports: Hillary Clinton has had a big 24-hours in coal country.
|
|
Thousands of people demonstrated against coal in Bonn on Saturday with banners saying "Protect the climate: stop coal".
|
|
Xcel plans to retire 20 coal units between 2005 and 202017, representing 40% of its coal-powered capacity.
|
|
Power plant owners typically sell their coal at cost to refined coal operations controlled by tax credit investors.
|
|
State-run Coal India Ltd has a near monopoly, producing over four-fifths of the country's coal output.
|
|
Legal group Earthjustice argued that lifting the coal moratorium imperils public health for the benefit of coal companies.
|
|
He said Jixi could not completely abandon the coal sector and needed to promote the coal chemical industry.
|
|
The World Coal Association disputed the conclusion that stopping global warming calls for an end of coal use.
|
|
The United States, for its part, continues to export coal, as coal-fired power plants shrink at home.
|
|
The operator, Elk Run Coal Company, was acquired last month by Contura Energy, a Tennessee-based coal company.
|
|
Coal ash in floodwaters Hamilton is also concerned about the health threat of coal ash in the floodwaters.
|
|
Federal Coal Secretary Anil Swarup and several senior Coal India officials said the company planned to push ahead.
|
|
For the half, Whitehaven sold 8.2 million tonnes of thermal coal and 1.8 million tonnes of metallurgical coal.
|
|
They are PR canaries in the coal mine to start with, or canaries in the PR coal mine.
|
|
China, which consumes half of the world's coal, continues to build more coal plants at home and abroad.
|
|
Coal ash -- industrial waste created by coal-burning power plants -- is stored in ash basins in the ground.
|
|
We're going to have so much coal, you're going to say, 'Where did all this coal come from?
|
|
Coal-fueled power plants maintain an average coal stockpile on site that can last two months or longer.
|
|
Many coal-state senators say it needs to be shored up and possibly reformed following major coal bankruptcies.
|
|
The liberals left coal for dead, but the remarkable comeback in coal production has proven Trump's critics wrong.
|
|
Because we're going to put a lot of coal miners and coal companies out of business, right, Tim?
|
|
The current coal plants are operating far below capacity because demand for coal-generated power has slowed considerably.
|
|
I come from the coal fields in southern West Virginia, and when coal industry is down, everything suffers.
|
|
Roughly 10 percent of the nation's coal production goes toward exports, although the country also imports some coal.
|
|
Coal plants are closing (and not getting built) because coal is getting its ass kicked on the market.
|
|
All those shut-down coal plants with the frozen coal piles, however, would be made in the shade.
|
|
I was talking to a bunch of coal mining people, and my family has a coal mining background.
|
|
Powder River Basin coal trades at about $10 per short ton, compared with about $45 for Central Appalachia coal, so it can be cheaper than Kentucky and West Virginia coal even after transportation costs.
|
|
BHP Billiton is also considering quitting its coal assets in Indonesia, where it recently started shipping steel-making coal from a small mine, amid uncertainty over Indonesian regulations and a weak outlook for coal.
|
|
Falling global coal demand, stricter environmental controls and a glut of natural gas have pushed big miners, including the second largest U.S. coal producer, Arch Coal Inc, into bankruptcy protection over the past year.
|
|
The National Mining Association, which represents the U.S. coal industry, said it hoped the rule would help the coal sector, arguing that premature coal plant retirements could raise consumer costs by tightening electricity markets.
|
|
Several big coal companies had urged Trump to stay in the Paris deal in order to protect the coal industry's interests overseas, including by ensuring continued financing for foreign coal-burning power plant projects.
|
|
But Clinton raised the ire of coal country last month when she said she was "going to put a lot of coal companies and coal miners out of business" by transitioning to clean energy.
|
|
Whitehaven coal plunged as much as 8.1 percent after reporting a 11 percent decline in quarterly coal sales while also warning that outages caused by cyclone Debbie will impact coking coal prices for months.
|
|
Coal plant owners also may structure deals with refined coal producers to collect coal-handling and licensing fees or to charge rent through leases of their land used for the facilities, the disclosures show.
|
|
"They (power plants) are not going to get the coal from Coal India as they were promised because of limitations on the infrastructure side," said Rajendra Singh, Adani's chief operating officer for coal trading.
|
|
Indian coal producer Coal India, meanwhile, signed a deal to mine coking coal in Russia's Far East, while private company H-Energy is looking at buying LNG from Novatek on a long-term basis.
|
|
This coal buildout would make Japan, the world's fifth-largest greenhouse gas emitter, the only G7 country building more coal power plants domestically and the largest G240 financier of coal generation in other countries.
|
|
Disruptions in Chinese and Australian coal supplies conspired with higher demand in parts of Europe and Asia to push up international coal prices last year, opening a window of opportunity for U.S. coal producers.
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The technology is key to cutting emissions for coal-burning power plants, and coal state legislators hope it could revive the struggling U.S. coal sector while creating a technology the U.S. can sell overseas.
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Finally, we urge Mr. Manchin and other coal-state senators to recognize that the coal industry has gone into long-term decline; coal is simply losing market share to natural gas and renewable energy.
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Dalian handles both thermal and coking coal imports but the clamp down is expected to have a bigger impact on coking coal, used in steelmaking, rather than on thermal coal, used to generate electricity.
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Last month, the administration reversed an Obama-era temporary ban on new coal mining projects on federal land in the hopes that it would help revive the coal industry, which has seen major coal companies shutter their doors in the last few months and thousands of coal workers laid off.
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"Climate policy isn't killing the coal industry, economics is killing the coal industry," Cullenward said, explaining that the decline in American coal production is part of a nationwide shift to natural gas and renewable energy.
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Campaigns and organizations such as Friends of Coal, a West Virginia-based advocacy group, and America's Power, a coal industry trade association, emphasize the monolithic support the coal industry claims to enjoy among everyday Americans.
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For thermal coal, which is used in power generation, Datong Coal Mining Group and China Coal Pingshuo Group will become the top hubs, each with an annual capacity of 100 million tonnes, the province said.
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The pause in new coal leasing could last three years, Jewell said, while officials determine how to protect the taxpayers' stake in coal sales from public lands and how burning coal could worsen climate change.
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In part, he said the near-worldwide agreement was unfair to the US coal industry; he has promised to be a champion for coal jobs and pointed out a new coal plant is coming online.
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Much of the coal China buys from the United States is higher value coking coal, used in steel making, and it usually is at least double the price of thermal coal, used for power generation.
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India's coal imports from Australia and Colombia will increase in the long run as demand for high-energy coal grows due to environmental reasons, Dale Hazelton said at the India Coal Conference in New Delhi.
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The vast majority of its electricity comes from burning coal, and it continues to develop new coal mines and new coal-fired power plants, often with state subsidies, even as it ramps up renewable energy.
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The support of the coal industry was won with the misleading promise that coal mining jobs would return — a fallacy that even the coal CEO and Trump supporter Robert Murray does not believe is true.
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Under its current policy, Japan supports coal-fired power plant projects if and when a country which needs to choose coal as a power source requests Japan to provide its highly-efficient coal power technology.
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In October, the coal company Blackjewel agreed to pay 1,100 coal miners $5.1 million in back wages, after they blocked a coal train in Harlan County, Kentucky, for two months in protest of unpaid wages.
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Since 2010, more than 250 U.S. coal plants have retired or committed to retire, driving U.S. coal use down to its lowest level in history, the Sierra Club's Beyond Coal campaign announced earlier this month.
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" Clinton attracted anger across West Virginia and other coal-dependent regions when she said in May that, under her presidency, "we're going to put a lot of coal miners and coal companies out of business.
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Since only coal and nuclear power plants could meet that standard, the plan would have resulted in huge subsidies to many coal plants and coal producers, and increased electricity costs for consumers across the country.
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The coal boom in the Powder River Basin — the largest coal basin in the US, the source of 40 percent of American coal, spanning northeast Wyoming and southeast Montana — dates back to the early 1970s.
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