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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, 05 June 18
THINGS STILL LOOK TO BE PROMISING FOR THE DRY BULK MARKET OVER THE NEXT COUPLE OF MONTHS - GEORGE LAZARIDIS
Just as we thought the world was calming back down to reason, worries and frictions regarding global trade resurfaced this past week after a series ...


Tuesday, 05 June 18
INDONESIAN COAL PRICE REFERENCE IS GOING UP AGAIN
COALspot.com: According to latest ministerial decree No. 1857 K/30/MEM/2018 dated 4 June 2018, the Indonesian Coal Price Reference (HBA) up 7.91 pe ...


Saturday, 02 June 18
HOW CARBON UTILISATION WILL BE A KEY STEP IN INDIA'S CLIMATE STRATEGY - BENJAMIN SPORTON
For India, energy remains the key driver of growth, not only from an economic perspective but more importantly for accelerating social development. ...


Thursday, 31 May 18
SUPRAMAX: INDO/CHINA COAL RV IS GETTING FIXED AROUND $13K DELIVERY SINGAPORE - FEARNLEYS
Capesize The Cape market has been on a downward trend for the past week.   According to Fearnleys, Oslo based broker, Brazil market ...


Wednesday, 30 May 18
HIGH PRICE, DMO ENCOURAGE COAL MINERS TO BOOST PRODUCTION - THE JAKARTA POST
A number of coal miners are planning to increase production by 10 percent in the second half of this year after a worldwide price increase. Th ...


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