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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, 14 November 17
COAL STOCKS RUN SHORT, CENTRE TO GET DAILY UPDATE ON STOCKS - DECCAN CHRONICLE
Facing a shortage of coal for thermal power generation in the country, the Central Electricity Authority (CEA) has issued guidelines for maintainin ...
Tuesday, 14 November 17
IN 2018, WORLD OIL DEMAND IS FORESEEN REACHING 1.51 MB/D - OPEC
Oil Market Highlights - OPEC
The OPEC Reference Basket averaged $55.50/b in October, gaining $2.06 over the previous month and reaching the hi ...
Monday, 13 November 17
THERMAL COAL PRICES WERE RELATIVELY UNCHANGED - DANIEL HYNES
Coal prices were broadly higher, driven by strong gains in the metallurgical coal market said Daniel Hynes, Senior Commodity Strategist at ANZ in h ...
Monday, 13 November 17
THIESS AWARDED $300M SANGATTA EXPANSION CONTRACT
Thiess has been awarded a $300 million contract by Kaltim Prima Coal (KPC) to expand operations at Sangatta coal mine in East Kalimantan, Indonesia ...
Friday, 10 November 17
U.S. COAL OUTPUT FOR THE FIRST 10 MONTHS OF 2017 IS ESTIMATED AT AROUND 656 MMST; UP10% YOY - EIA
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totalled an estimated 15 million short tons ...
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Showing 1881 to 1885 news of total 6871 |
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- Eastern Energy - Thailand
- Bahari Cakrawala Sebuku - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Wood Mackenzie - Singapore
- AsiaOL BioFuels Corp., Philippines
- Madhucon Powers Ltd - India
- Cement Manufacturers Association - India
- Bharathi Cement Corporation - India
- Posco Energy - South Korea
- International Coal Ventures Pvt Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Coalindo Energy - Indonesia
- Carbofer General Trading SA - India
- Mercator Lines Limited - India
- Planning Commission, India
- Borneo Indobara - Indonesia
- Ministry of Finance - Indonesia
- Samtan Co., Ltd - South Korea
- Sical Logistics Limited - India
- Simpson Spence & Young - Indonesia
- Oldendorff Carriers - Singapore
- Intertek Mineral Services - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Anglo American - United Kingdom
- Minerals Council of Australia
- Power Finance Corporation Ltd., India
- Petrochimia International Co. Ltd.- Taiwan
- Kaltim Prima Coal - Indonesia
- Parliament of New Zealand
- Neyveli Lignite Corporation Ltd, - India
- Global Business Power Corporation, Philippines
- Therma Luzon, Inc, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- OPG Power Generation Pvt Ltd - India
- Sindya Power Generating Company Private Ltd
- Kartika Selabumi Mining - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Global Coal Blending Company Limited - Australia
- South Luzon Thermal Energy Corporation
- Kepco SPC Power Corporation, Philippines
- Bukit Makmur.PT - Indonesia
- Banpu Public Company Limited - Thailand
- Georgia Ports Authority, United States
- Grasim Industreis Ltd - India
- Electricity Generating Authority of Thailand
- Pendopo Energi Batubara - Indonesia
- Goldman Sachs - Singapore
- Coal and Oil Company - UAE
- Vizag Seaport Private Limited - India
- Bhushan Steel Limited - India
- CIMB Investment Bank - Malaysia
- SMG Consultants - Indonesia
- Singapore Mercantile Exchange
- San Jose City I Power Corp, Philippines
- Heidelberg Cement - Germany
- Agrawal Coal Company - India
- Manunggal Multi Energi - Indonesia
- Attock Cement Pakistan Limited
- Makarim & Taira - Indonesia
- Salva Resources Pvt Ltd - India
- Bangladesh Power Developement Board
- Central Java Power - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Jindal Steel & Power Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- GVK Power & Infra Limited - India
- Mjunction Services Limited - India
- Medco Energi Mining Internasional
- Rio Tinto Coal - Australia
- Savvy Resources Ltd - HongKong
- GN Power Mariveles Coal Plant, Philippines
- PetroVietnam Power Coal Import and Supply Company
- McConnell Dowell - Australia
- Semirara Mining and Power Corporation, Philippines
- Chettinad Cement Corporation Ltd - India
- Timah Investasi Mineral - Indoneisa
- ICICI Bank Limited - India
- Mercuria Energy - Indonesia
- European Bulk Services B.V. - Netherlands
- Rashtriya Ispat Nigam Limited - India
- Gujarat Sidhee Cement - India
- Coastal Gujarat Power Limited - India
- Siam City Cement PLC, Thailand
- IEA Clean Coal Centre - UK
- Metalloyd Limited - United Kingdom
- Energy Development Corp, Philippines
- MS Steel International - UAE
- Kapuas Tunggal Persada - Indonesia
- Trasteel International SA, Italy
- Gujarat Mineral Development Corp Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- VISA Power Limited - India
- Thiess Contractors Indonesia
- Orica Australia Pty. Ltd.
- Edison Trading Spa - Italy
- Petron Corporation, Philippines
- Bukit Baiduri Energy - Indonesia
- Meenaskhi Energy Private Limited - India
- Electricity Authority, New Zealand
- Jorong Barutama Greston.PT - Indonesia
- Star Paper Mills Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Alfred C Toepfer International GmbH - Germany
- CNBM International Corporation - China
- PowerSource Philippines DevCo
- London Commodity Brokers - England
- Binh Thuan Hamico - Vietnam
- Africa Commodities Group - South Africa
- Australian Coal Association
- Bhoruka Overseas - Indonesia
- Port Waratah Coal Services - Australia
- Bulk Trading Sa - Switzerland
- Thai Mozambique Logistica
- Jaiprakash Power Ventures ltd
- White Energy Company Limited
- Tata Chemicals Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Marubeni Corporation - India
- TNB Fuel Sdn Bhd - Malaysia
- Indian Energy Exchange, India
- GAC Shipping (India) Pvt Ltd
- Interocean Group of Companies - India
- Ceylon Electricity Board - Sri Lanka
- Deloitte Consulting - India
- Holcim Trading Pte Ltd - Singapore
- Essar Steel Hazira Ltd - India
- Chamber of Mines of South Africa
- Sree Jayajothi Cements Limited - India
- Ministry of Mines - Canada
- IHS Mccloskey Coal Group - USA
- Bukit Asam (Persero) Tbk - Indonesia
- The State Trading Corporation of India Ltd
- Wilmar Investment Holdings
- Merrill Lynch Commodities Europe
- Aboitiz Power Corporation - Philippines
- Mintek Dendrill Indonesia
- Lanco Infratech Ltd - India
- Formosa Plastics Group - Taiwan
- Directorate Of Revenue Intelligence - India
- Karaikal Port Pvt Ltd - India
- Meralco Power Generation, Philippines
- Uttam Galva Steels Limited - India
- Semirara Mining Corp, Philippines
- GMR Energy Limited - India
- Kumho Petrochemical, South Korea
- Billiton Holdings Pty Ltd - Australia
- Altura Mining Limited, Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Commonwealth Bank - Australia
- PTC India Limited - India
- Kideco Jaya Agung - Indonesia
- SMC Global Power, Philippines
- Aditya Birla Group - India
- The University of Queensland
- Indogreen Group - Indonesia
- Baramulti Group, Indonesia
- Bhatia International Limited - India
- Energy Link Ltd, New Zealand
- Offshore Bulk Terminal Pte Ltd, Singapore
- Toyota Tsusho Corporation, Japan
- Larsen & Toubro Limited - India
- Ind-Barath Power Infra Limited - India
- Malabar Cements Ltd - India
- Kobexindo Tractors - Indoneisa
- SN Aboitiz Power Inc, Philippines
- Straits Asia Resources Limited - Singapore
- Leighton Contractors Pty Ltd - Australia
- Dalmia Cement Bharat India
- Vedanta Resources Plc - India
- Latin American Coal - Colombia
- Sarangani Energy Corporation, Philippines
- Orica Mining Services - Indonesia
- LBH Netherlands Bv - Netherlands
- Siam City Cement - Thailand
- Directorate General of MIneral and Coal - Indonesia
- Economic Council, Georgia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bayan Resources Tbk. - Indonesia
- Price Waterhouse Coopers - Russia
- Independent Power Producers Association of India
- Standard Chartered Bank - UAE
- Indonesian Coal Mining Association
- TeaM Sual Corporation - Philippines
- Riau Bara Harum - Indonesia
- PNOC Exploration Corporation - Philippines
- Iligan Light & Power Inc, Philippines
- Eastern Coal Council - USA
- Barasentosa Lestari - Indonesia
- Indo Tambangraya Megah - Indonesia
- Parry Sugars Refinery, India
- Romanian Commodities Exchange
- Maheswari Brothers Coal Limited - India
- Tamil Nadu electricity Board
- Globalindo Alam Lestari - Indonesia
- Global Green Power PLC Corporation, Philippines
- Ambuja Cements Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Sojitz Corporation - Japan
- Ministry of Transport, Egypt
- Indian Oil Corporation Limited
- Antam Resourcindo - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Central Electricity Authority - India
- Miang Besar Coal Terminal - Indonesia
- Xindia Steels Limited - India
- The Treasury - Australian Government
- Videocon Industries ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- India Bulls Power Limited - India
- Indika Energy - Indonesia
- New Zealand Coal & Carbon
- Australian Commodity Traders Exchange
- ASAPP Information Group - India
- Renaissance Capital - South Africa
- Sakthi Sugars Limited - India
- Sinarmas Energy and Mining - Indonesia
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