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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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- Jorong Barutama Greston.PT - Indonesia
- Chettinad Cement Corporation Ltd - India
- Tata Chemicals Ltd - India
- Dalmia Cement Bharat India
- Port Waratah Coal Services - Australia
- Essar Steel Hazira Ltd - India
- Altura Mining Limited, Indonesia
- Toyota Tsusho Corporation, Japan
- VISA Power Limited - India
- Xindia Steels Limited - India
- Jaiprakash Power Ventures ltd
- Ministry of Transport, Egypt
- Merrill Lynch Commodities Europe
- AsiaOL BioFuels Corp., Philippines
- Kohat Cement Company Ltd. - Pakistan
- Aboitiz Power Corporation - Philippines
- Ind-Barath Power Infra Limited - India
- SN Aboitiz Power Inc, Philippines
- Coal and Oil Company - UAE
- Deloitte Consulting - India
- PetroVietnam Power Coal Import and Supply Company
- Rio Tinto Coal - Australia
- Vijayanagar Sugar Pvt Ltd - India
- GVK Power & Infra Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Gujarat Sidhee Cement - India
- Commonwealth Bank - Australia
- Malabar Cements Ltd - India
- Anglo American - United Kingdom
- Ministry of Mines - Canada
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Renaissance Capital - South Africa
- GAC Shipping (India) Pvt Ltd
- GN Power Mariveles Coal Plant, Philippines
- Coalindo Energy - Indonesia
- SMC Global Power, Philippines
- Coastal Gujarat Power Limited - India
- PowerSource Philippines DevCo
- Kideco Jaya Agung - Indonesia
- Goldman Sachs - Singapore
- Economic Council, Georgia
- Alfred C Toepfer International GmbH - Germany
- Power Finance Corporation Ltd., India
- Kobexindo Tractors - Indoneisa
- OPG Power Generation Pvt Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Petrochimia International Co. Ltd.- Taiwan
- Cement Manufacturers Association - India
- Bahari Cakrawala Sebuku - Indonesia
- McConnell Dowell - Australia
- Tamil Nadu electricity Board
- Larsen & Toubro Limited - India
- Standard Chartered Bank - UAE
- Pipit Mutiara Jaya. PT, Indonesia
- PNOC Exploration Corporation - Philippines
- Globalindo Alam Lestari - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Global Coal Blending Company Limited - Australia
- Iligan Light & Power Inc, Philippines
- Price Waterhouse Coopers - Russia
- Holcim Trading Pte Ltd - Singapore
- Semirara Mining and Power Corporation, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Indian Oil Corporation Limited
- London Commodity Brokers - England
- Central Electricity Authority - India
- Eastern Energy - Thailand
- Cigading International Bulk Terminal - Indonesia
- Meralco Power Generation, Philippines
- New Zealand Coal & Carbon
- Karaikal Port Pvt Ltd - India
- Africa Commodities Group - South Africa
- Thiess Contractors Indonesia
- Ambuja Cements Ltd - India
- Salva Resources Pvt Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Edison Trading Spa - Italy
- Bharathi Cement Corporation - India
- Latin American Coal - Colombia
- Bulk Trading Sa - Switzerland
- Leighton Contractors Pty Ltd - Australia
- Sree Jayajothi Cements Limited - India
- Samtan Co., Ltd - South Korea
- Kartika Selabumi Mining - Indonesia
- CNBM International Corporation - China
- Makarim & Taira - Indonesia
- PTC India Limited - India
- Miang Besar Coal Terminal - Indonesia
- Kumho Petrochemical, South Korea
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Marubeni Corporation - India
- Planning Commission, India
- Directorate Of Revenue Intelligence - India
- Energy Link Ltd, New Zealand
- Eastern Coal Council - USA
- TeaM Sual Corporation - Philippines
- Borneo Indobara - Indonesia
- IEA Clean Coal Centre - UK
- Savvy Resources Ltd - HongKong
- Kalimantan Lumbung Energi - Indonesia
- Kaltim Prima Coal - Indonesia
- Ministry of Finance - Indonesia
- Bhushan Steel Limited - India
- Australian Commodity Traders Exchange
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Chamber of Mines of South Africa
- Sarangani Energy Corporation, Philippines
- Oldendorff Carriers - Singapore
- Central Java Power - Indonesia
- Star Paper Mills Limited - India
- Meenaskhi Energy Private Limited - India
- IHS Mccloskey Coal Group - USA
- ASAPP Information Group - India
- Sindya Power Generating Company Private Ltd
- Electricity Generating Authority of Thailand
- Binh Thuan Hamico - Vietnam
- Bukit Makmur.PT - Indonesia
- Bhoruka Overseas - Indonesia
- Intertek Mineral Services - Indonesia
- Formosa Plastics Group - Taiwan
- Global Business Power Corporation, Philippines
- Indogreen Group - Indonesia
- Georgia Ports Authority, United States
- Maheswari Brothers Coal Limited - India
- Interocean Group of Companies - India
- Bayan Resources Tbk. - Indonesia
- Siam City Cement PLC, Thailand
- Parry Sugars Refinery, India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Aditya Birla Group - India
- Antam Resourcindo - Indonesia
- Baramulti Group, Indonesia
- Metalloyd Limited - United Kingdom
- Sakthi Sugars Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Medco Energi Mining Internasional
- Mercuria Energy - Indonesia
- Indika Energy - Indonesia
- Barasentosa Lestari - Indonesia
- CIMB Investment Bank - Malaysia
- Pendopo Energi Batubara - Indonesia
- Electricity Authority, New Zealand
- European Bulk Services B.V. - Netherlands
- Krishnapatnam Port Company Ltd. - India
- Uttam Galva Steels Limited - India
- Wilmar Investment Holdings
- Straits Asia Resources Limited - Singapore
- Asmin Koalindo Tuhup - Indonesia
- Singapore Mercantile Exchange
- Siam City Cement - Thailand
- Grasim Industreis Ltd - India
- Indonesian Coal Mining Association
- Mercator Lines Limited - India
- Attock Cement Pakistan Limited
- Therma Luzon, Inc, Philippines
- Posco Energy - South Korea
- Bhatia International Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Riau Bara Harum - Indonesia
- The University of Queensland
- MS Steel International - UAE
- Simpson Spence & Young - Indonesia
- ICICI Bank Limited - India
- Mintek Dendrill Indonesia
- Independent Power Producers Association of India
- Orica Australia Pty. Ltd.
- Indo Tambangraya Megah - Indonesia
- San Jose City I Power Corp, Philippines
- Parliament of New Zealand
- Orica Mining Services - Indonesia
- Heidelberg Cement - Germany
- Romanian Commodities Exchange
- Madhucon Powers Ltd - India
- Videocon Industries ltd - India
- Indian Energy Exchange, India
- Wood Mackenzie - Singapore
- Mjunction Services Limited - India
- Australian Coal Association
- Vizag Seaport Private Limited - India
- South Luzon Thermal Energy Corporation
- LBH Netherlands Bv - Netherlands
- Global Green Power PLC Corporation, Philippines
- Petron Corporation, Philippines
- Lanco Infratech Ltd - India
- Energy Development Corp, Philippines
- SMG Consultants - Indonesia
- Semirara Mining Corp, Philippines
- Gujarat Mineral Development Corp Ltd - India
- India Bulls Power Limited - India
- Trasteel International SA, Italy
- Rashtriya Ispat Nigam Limited - India
- Agrawal Coal Company - India
- The Treasury - Australian Government
- Karbindo Abesyapradhi - Indoneisa
- White Energy Company Limited
- Billiton Holdings Pty Ltd - Australia
- Banpu Public Company Limited - Thailand
- International Coal Ventures Pvt Ltd - India
- Jindal Steel & Power Ltd - India
- The State Trading Corporation of India Ltd
- Kepco SPC Power Corporation, Philippines
- Timah Investasi Mineral - Indoneisa
- GMR Energy Limited - India
- Manunggal Multi Energi - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Thai Mozambique Logistica
- Bukit Baiduri Energy - Indonesia
- Bangladesh Power Developement Board
- Sojitz Corporation - Japan
- Directorate General of MIneral and Coal - Indonesia
- Vedanta Resources Plc - India
- Sical Logistics Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Carbofer General Trading SA - India
- Minerals Council of Australia
- Neyveli Lignite Corporation Ltd, - India
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