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Thursday, 30 November 17
CONTEMPLATING COAL'S CONTROVERSY AT COP23 - BENJAMIN SPORTON
 Representing the coal industry at climate talks is never going to be an easy proposition. For many people, coal and climate action are incompatible…‘coal should be kept in the ground’. For many years we’ve been arguing that it’s the emissions that need to be kept out of the air. This is a distinction that doesn’t usually get a lot of traction at the annual climate talks…until Bonn.
The annual UN talks are incredibly important in working out how we’re going to tackle climate change, alongside equally important challenges such as economic development, social equity and energy security. However, somewhere along the way the talks became much more polarised. Around the time of the Copenhagen talks back in 2009, when the ante was upped to such a degree that it felt as if we had two weeks to save the world, other considerations started to fall by the wayside.
But not for everyone. Many countries have been trying to make it clear year-after-year that as much as they take the threat of climate change incredibly seriously; they take the economic development of their countries and the welfare of their people equally as seriously. Even after the landmark COP21 in Paris two years ago, when many people would ask me if this now meant the end for coal, 24 countries had actually outlined a role for coal and specifically low emission coal technologies, in meeting their Paris Agreement targets.
This year’s talks in Bonn have been interesting. Not necessarily for the content of the negotiations themselves, which have been very technical and detailed, as the ‘rulebook’ for the Paris Agreement is worked out, but because for the first time in many years it seems as if a little of the rhetoric has been balanced by a healthy dose of reality.
I was interested to read a story this morning with the opening line “Coal emerged as the surprise winner from two weeks of international climate talks in Germany”. While I don’t think talking about ‘winners and losers’ in this context is particularly helpful, I did leave the talks last week feeling that reality had been more evident in Bonn.
The much-reported US event on the role of fossil fuels and nuclear energy naturally became a focal point for noisy protests. However, it was also an event, as one observer commented, which broke “into the echo chamber that conferences like this often foster”. As White House adviser David Banks said during the event: "This panel is only controversial if we choose to bury our heads in the sand and ignore the realities of the global energy system”.
In fact, the way in which the announcement of the UK-Canada-led ‘Powering Past Coal Alliance’ has been reported makes me think many people are thinking more realistically about solutions for coal. On the surface, a powerful anti-coal statement. In reality, a pledge that covers only 2% of global coal use.
Understanding the reality of the huge role of coal in many parts of the world is not about turning our backs on climate change. It’s about saying if this is what countries such as Bangladesh, Pakistan, Nigeria, India, China, Japan, the Philippines…(the list goes on), are telling us about how they’re going to meet their future energy needs, then we need to make sure this use is compatible with our climate targets. This includes low emission coal technologies but ultimately has to include a massive push on carbon capture and storage.
The role of coal in our global energy system – and, just as importantly, in industries such as steel, cement, aluminium – is an inconvenient truth. In twenty years’ time, the International Energy Agency says coal will still be the largest single source of electricity. Until we face up to this reality, we’re going to find it very difficult to meet the Paris Agreement targets. In Bonn it seemed that this message is finally starting to get through.
By Benjamin Sporton
WCA Chief Executive
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Tuesday, 05 December 17
OIL PRICES HAVE GAINED SOME TRACTION THESE PAST FEW DAYS ON TALKS OF ANOTHER OPEC & RUSSIA PRODUCTION CUT EXTENSION - GERRY LATHROP
Oil prices have gained some traction these past few days on talks of another OPEC (including non-OPEC Russia) production cut extension.
The cu ...
Tuesday, 05 December 17
THE COKING AND THERMAL COAL RECORDING SMALL GAINS - DANIEL HYNES
Coal markets were higher, with both coking and thermal coal recording small gains, said Daniel Hynes Senior Commodity Strategist at ANZ in his late ...
Tuesday, 05 December 17
WEEKLY US COAL PRODUCTION ESTIMATES DIP WEEK OVER WEEK - EIA
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totalled an estimated 14.1 million short ton ...
Wednesday, 29 November 17
THE LAST DAYS OF COAL? - ALIBRA SHIPPING
At least 15 countries have joined an international alliance to phase out coal use for power generation before 2030.
Britain, Canada, Denmark, ...
Wednesday, 29 November 17
THERMAL COAL MARKETS WERE A LITTLE BIT MORE SUBDUED - DANIEL HYNES, ANZ
Coal prices were stronger, led by gains in coking coal. Premium hard coking coal jumped above USD200/t for the first time in two months, said Danie ...
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Showing 1861 to 1865 news of total 6871 |
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- Indian Oil Corporation Limited
- London Commodity Brokers - England
- Price Waterhouse Coopers - Russia
- Orica Australia Pty. Ltd.
- Rashtriya Ispat Nigam Limited - India
- Star Paper Mills Limited - India
- Interocean Group of Companies - India
- Coastal Gujarat Power Limited - India
- Simpson Spence & Young - Indonesia
- Sakthi Sugars Limited - India
- Dalmia Cement Bharat India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Trasteel International SA, Italy
- CNBM International Corporation - China
- Coal and Oil Company - UAE
- Commonwealth Bank - Australia
- Indogreen Group - Indonesia
- Meenaskhi Energy Private Limited - India
- Mintek Dendrill Indonesia
- IHS Mccloskey Coal Group - USA
- Pendopo Energi Batubara - Indonesia
- Oldendorff Carriers - Singapore
- Directorate Of Revenue Intelligence - India
- Parliament of New Zealand
- International Coal Ventures Pvt Ltd - India
- Indonesian Coal Mining Association
- Karaikal Port Pvt Ltd - India
- Anglo American - United Kingdom
- South Luzon Thermal Energy Corporation
- Bayan Resources Tbk. - Indonesia
- Africa Commodities Group - South Africa
- GN Power Mariveles Coal Plant, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Rio Tinto Coal - Australia
- Latin American Coal - Colombia
- Chamber of Mines of South Africa
- Semirara Mining and Power Corporation, Philippines
- Vizag Seaport Private Limited - India
- Port Waratah Coal Services - Australia
- Minerals Council of Australia
- Riau Bara Harum - Indonesia
- Videocon Industries ltd - India
- GMR Energy Limited - India
- The University of Queensland
- Singapore Mercantile Exchange
- Grasim Industreis Ltd - India
- Standard Chartered Bank - UAE
- Kalimantan Lumbung Energi - Indonesia
- IEA Clean Coal Centre - UK
- Offshore Bulk Terminal Pte Ltd, Singapore
- Attock Cement Pakistan Limited
- Kobexindo Tractors - Indoneisa
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Krishnapatnam Port Company Ltd. - India
- Asmin Koalindo Tuhup - Indonesia
- Orica Mining Services - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Bhushan Steel Limited - India
- Renaissance Capital - South Africa
- Ministry of Mines - Canada
- OPG Power Generation Pvt Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Independent Power Producers Association of India
- Tamil Nadu electricity Board
- LBH Netherlands Bv - Netherlands
- Intertek Mineral Services - Indonesia
- Bukit Makmur.PT - Indonesia
- Billiton Holdings Pty Ltd - Australia
- GVK Power & Infra Limited - India
- Indo Tambangraya Megah - Indonesia
- Antam Resourcindo - Indonesia
- The Treasury - Australian Government
- India Bulls Power Limited - India
- Kepco SPC Power Corporation, Philippines
- Electricity Authority, New Zealand
- Malabar Cements Ltd - India
- Sojitz Corporation - Japan
- Pipit Mutiara Jaya. PT, Indonesia
- VISA Power Limited - India
- Georgia Ports Authority, United States
- McConnell Dowell - Australia
- Agrawal Coal Company - India
- Sarangani Energy Corporation, Philippines
- MS Steel International - UAE
- Eastern Coal Council - USA
- Eastern Energy - Thailand
- Power Finance Corporation Ltd., India
- Xindia Steels Limited - India
- Ambuja Cements Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- ICICI Bank Limited - India
- Leighton Contractors Pty Ltd - Australia
- PetroVietnam Power Coal Import and Supply Company
- Merrill Lynch Commodities Europe
- European Bulk Services B.V. - Netherlands
- Global Green Power PLC Corporation, Philippines
- Bhatia International Limited - India
- Siam City Cement PLC, Thailand
- Australian Commodity Traders Exchange
- Bahari Cakrawala Sebuku - Indonesia
- Aboitiz Power Corporation - Philippines
- Global Coal Blending Company Limited - Australia
- TeaM Sual Corporation - Philippines
- SMC Global Power, Philippines
- Manunggal Multi Energi - Indonesia
- Toyota Tsusho Corporation, Japan
- AsiaOL BioFuels Corp., Philippines
- Indian Energy Exchange, India
- Formosa Plastics Group - Taiwan
- Sindya Power Generating Company Private Ltd
- White Energy Company Limited
- Deloitte Consulting - India
- Directorate General of MIneral and Coal - Indonesia
- Siam City Cement - Thailand
- Ministry of Finance - Indonesia
- Globalindo Alam Lestari - Indonesia
- SMG Consultants - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Mercator Lines Limited - India
- Bangladesh Power Developement Board
- Ministry of Transport, Egypt
- Kartika Selabumi Mining - Indonesia
- Bulk Trading Sa - Switzerland
- Coalindo Energy - Indonesia
- Jindal Steel & Power Ltd - India
- Kaltim Prima Coal - Indonesia
- Baramulti Group, Indonesia
- Ind-Barath Power Infra Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Straits Asia Resources Limited - Singapore
- Sree Jayajothi Cements Limited - India
- Meralco Power Generation, Philippines
- Medco Energi Mining Internasional
- Kohat Cement Company Ltd. - Pakistan
- Timah Investasi Mineral - Indoneisa
- Sinarmas Energy and Mining - Indonesia
- PTC India Limited - India
- Energy Development Corp, Philippines
- Essar Steel Hazira Ltd - India
- Wilmar Investment Holdings
- Posco Energy - South Korea
- Carbofer General Trading SA - India
- SN Aboitiz Power Inc, Philippines
- Cigading International Bulk Terminal - Indonesia
- The State Trading Corporation of India Ltd
- Iligan Light & Power Inc, Philippines
- Miang Besar Coal Terminal - Indonesia
- Bukit Baiduri Energy - Indonesia
- Kumho Petrochemical, South Korea
- Jorong Barutama Greston.PT - Indonesia
- Larsen & Toubro Limited - India
- Gujarat Sidhee Cement - India
- Bhoruka Overseas - Indonesia
- Central Electricity Authority - India
- Uttam Galva Steels Limited - India
- Lanco Infratech Ltd - India
- Mjunction Services Limited - India
- New Zealand Coal & Carbon
- Global Business Power Corporation, Philippines
- Goldman Sachs - Singapore
- Savvy Resources Ltd - HongKong
- San Jose City I Power Corp, Philippines
- Edison Trading Spa - Italy
- Energy Link Ltd, New Zealand
- Thai Mozambique Logistica
- Economic Council, Georgia
- Borneo Indobara - Indonesia
- Aditya Birla Group - India
- Semirara Mining Corp, Philippines
- Maheswari Brothers Coal Limited - India
- Karbindo Abesyapradhi - Indoneisa
- PowerSource Philippines DevCo
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bharathi Cement Corporation - India
- Mercuria Energy - Indonesia
- Chettinad Cement Corporation Ltd - India
- Electricity Generating Authority of Thailand
- Planning Commission, India
- Salva Resources Pvt Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Petron Corporation, Philippines
- CIMB Investment Bank - Malaysia
- Australian Coal Association
- Metalloyd Limited - United Kingdom
- Tata Chemicals Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Holcim Trading Pte Ltd - Singapore
- Banpu Public Company Limited - Thailand
- Binh Thuan Hamico - Vietnam
- Vedanta Resources Plc - India
- Gujarat Mineral Development Corp Ltd - India
- Gujarat Electricity Regulatory Commission - India
- ASAPP Information Group - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Heidelberg Cement - Germany
- Ceylon Electricity Board - Sri Lanka
- Sical Logistics Limited - India
- Thiess Contractors Indonesia
- Central Java Power - Indonesia
- Altura Mining Limited, Indonesia
- Indika Energy - Indonesia
- PNOC Exploration Corporation - Philippines
- Makarim & Taira - Indonesia
- Barasentosa Lestari - Indonesia
- Therma Luzon, Inc, Philippines
- Kapuas Tunggal Persada - Indonesia
- Samtan Co., Ltd - South Korea
- Parry Sugars Refinery, India
- Vijayanagar Sugar Pvt Ltd - India
- Cement Manufacturers Association - India
- Madhucon Powers Ltd - India
- Kideco Jaya Agung - Indonesia
- Wood Mackenzie - Singapore
- GAC Shipping (India) Pvt Ltd
- Jaiprakash Power Ventures ltd
- Marubeni Corporation - India
- Romanian Commodities Exchange
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