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Tuesday, 19 June 18
WCA RESPONDS TO BP STATISTICAL REVIEW OF WORLD ENERGY 2018
World Coal AssociationResponding to BP’s Statistical Review of World Energy 2018, Benjamin Sporton, Chief Executive of the World Coal Association (WCA) said, “BP’s Energy Outlook continues to support a number of other independent forecasts that suggest that despite the well-documented growth of renewables, fossil fuels, including coal, will remain dominant sources of energy in the global energy mix. Coal still accounts for a significant share of the global energy mix at 27%.
 
According to Benjamin Sporton, Chief Executive of the World Coal Association, the latest figures prove how important coal continues to be in powering growth in developing and emerging economies. It’s therefore essential that we recognize this and support countries to use emission reduction technologies like carbon capture use and storage, which allow them to meet climate obligations while at the same time meeting economic imperatives.
 
He further noted that, we'll be more successful in meeting climate targets if we focus on addressing emissions instead of trying to get rid of a fuel that many depend on for economic development.”


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Recent News

Tuesday, 26 June 18
"ALWAYS ACCESSIBLE": ARRIVAL, DEPARTURE OR BOTH? - INCE & CO
KNOWLEDGE TO ELEVATE An “always accessible” berth warranty is often used by an owner to transfer the risk of delays in berthing to ...


Tuesday, 26 June 18
A SHARP RISE IN THE PRICE OF CRUDE OIL WAS TO BE SEEN ON FRIDAY, ITS BIGGEST DAILY GAIN IN TWO YEARS - GEORGE LAZARIDIS
A sharp rise in the price of crude oil was to be seen on Friday, its biggest daily gain in two years, as OPEC reached a deal to raise output. Despi ...


Monday, 25 June 18
AUSTRALIA'S NEWCASTLE PORT SHIPPED 12.179 MT OF COAL IN MAY; DOWN 14.77% M/M
COALspot.com: The Port of Newcastle, Australia’s major trading ports and the world’s largest coal export port has shipped $AU1,453.6 Mi ...


Monday, 25 June 18
COAL IN THE CROSSFIRE: CHINESE TRADERS WARY OF BEING BURNT BY TRADE WAR - REUTERS
At least three U.S. coal shipments on their way to China may end up casualties of the escalating trade dispute after Beijing said it would impose s ...


Saturday, 23 June 18
COAL GROUP TARGETS 9 PER CENT REVENUE SPIKE - VIET NAM NEWS
Viet Nam News reported, the Viet Nam National Coal and Mineral Industries Group (Vinacomin or TKV) is targeting VNĐ116.9 trillion (US$5.1 billion) ...


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