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Thursday, 26 November 20
COAL FINANCING QUICKLY DRYING UP WORLDWIDE - ANALYSTS : REUTERS
Financing for coal projects is drying up at ever increasing rates as more countries target zero carbon emissions amid an energy transition sweeping the world, participants at Asia’s biggest gathering of the coal industry said on Tuesday.
The exit from coal by big international banks and government-backed agencies, which has accelerated this year, is likely to push coal companies to use offsets to get funding and listed ones to go private to avoid shareholder pressure as the dirtiest fossil fuel is increasingly shunned.
With insurance companies, banks and other financiers pulling out of coal “we are seeing a real tide of all these forces moving in capital markets,” Lachlan Shaw, head of commodities research at ANZ, said at the virtual Coaltrans Asia conference. “What’s changed more recently is we have seen China, Japan and South Korea all commit to net-zero carbon emissions targets,” he said.
Carbon trading and offsets will become important tools companies to get finance for new projects, so they “can go to the financial markets and say we have a package here that is totally offset from a carbon emissions point of view,” he said.
Shaw said he expects more public listed companies to go private as shareholders focus more on the risks to investments from coal.
Even cleaner projects such as a coal gasification plant in Indonesia under consideration by coal miner PT Bukit Asam will struggle to obtain finance, said Ben Lawson, vice-chairman of the Djakarta Mining Club and chief operating officer of PT Sandman Coal Indonesia. “Even though gasification is the cleanest way of extracting power or downstream product for coal, its still coal,” he told the conference. To get financing, “I think its going to be a hard sell.”
- Aaron Sheldrick and Fransiska Nangoy -
Source: Reuters
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Monday, 14 December 20
PHILIPPINE BANK RCBC TO STOP LENDING FOR NEW COAL-FIRED POWER PROJECTS - MANILA BULLETIN
Yuchengco-led Rizal Commercial Banking Corporation (RCBC) has forthrightly declared that it will no longer extend financing to new coal-fired power ...
Sunday, 13 December 20
LONGSTANDING DOWNSIDE RISKS TO TRADE OUTLOOK - BALTIC EXCHANGE
The OECD has attempted to put a positive spin on the trade message emanating from its latest economic outlook, released last week.
The ...
Sunday, 13 December 20
INDONESIA COAL OUTPUT AT 514 MILLION TONNES THIS YEAR, 2021 TARGET UNCHANGED - REUTERS
Indonesia coal output in the period to Dec. 10 stood at 514.2 million tonnes, official data from the energy ministry’s website showed.
&n ...
Thursday, 10 December 20
MALAYSIA'S CIMB ANNOUNCES COAL FINANCING PHASE-OUT BY 2040 AS ASIA'S FOSSIL FUEL DIVESTMENT DRIVE ACCELERATES - IEEFA
The first emerging markets bank to announce a progressive coal exit policy
Malaysia’s CIMB Group Holdings (CIMB) has announced ...
Wednesday, 09 December 20
MARKET INSIGHT - INTERMODAL
Heading towards the end of a difficult year and with the entire planet under the shadow of the covid-19 virus, it is interesting to proceed with a ...
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Showing 711 to 715 news of total 6871 |
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- Energy Link Ltd, New Zealand
- Bank of Tokyo Mitsubishi UFJ Ltd
- Simpson Spence & Young - Indonesia
- Kartika Selabumi Mining - Indonesia
- Straits Asia Resources Limited - Singapore
- Oldendorff Carriers - Singapore
- Baramulti Group, Indonesia
- TeaM Sual Corporation - Philippines
- Intertek Mineral Services - Indonesia
- SMG Consultants - Indonesia
- PTC India Limited - India
- Central Java Power - Indonesia
- Singapore Mercantile Exchange
- Medco Energi Mining Internasional
- Salva Resources Pvt Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kumho Petrochemical, South Korea
- Africa Commodities Group - South Africa
- Riau Bara Harum - Indonesia
- Star Paper Mills Limited - India
- Bhatia International Limited - India
- Bukit Baiduri Energy - Indonesia
- Mercuria Energy - Indonesia
- Indogreen Group - Indonesia
- Sojitz Corporation - Japan
- Bulk Trading Sa - Switzerland
- Therma Luzon, Inc, Philippines
- Videocon Industries ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Gujarat Sidhee Cement - India
- The Treasury - Australian Government
- SN Aboitiz Power Inc, Philippines
- Leighton Contractors Pty Ltd - Australia
- Australian Commodity Traders Exchange
- Bhoruka Overseas - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Edison Trading Spa - Italy
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Savvy Resources Ltd - HongKong
- Petron Corporation, Philippines
- White Energy Company Limited
- Tata Chemicals Ltd - India
- Sindya Power Generating Company Private Ltd
- Iligan Light & Power Inc, Philippines
- Indian Oil Corporation Limited
- McConnell Dowell - Australia
- Ambuja Cements Ltd - India
- Global Business Power Corporation, Philippines
- Georgia Ports Authority, United States
- Meenaskhi Energy Private Limited - India
- Ministry of Finance - Indonesia
- Kideco Jaya Agung - Indonesia
- Barasentosa Lestari - Indonesia
- Sinarmas Energy and Mining - Indonesia
- The University of Queensland
- Indian Energy Exchange, India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Manunggal Multi Energi - Indonesia
- CIMB Investment Bank - Malaysia
- Coastal Gujarat Power Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Marubeni Corporation - India
- Malabar Cements Ltd - India
- Siam City Cement - Thailand
- Indo Tambangraya Megah - Indonesia
- Mercator Lines Limited - India
- Formosa Plastics Group - Taiwan
- Interocean Group of Companies - India
- London Commodity Brokers - England
- Carbofer General Trading SA - India
- Bukit Makmur.PT - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Thai Mozambique Logistica
- Cigading International Bulk Terminal - Indonesia
- Global Coal Blending Company Limited - Australia
- Ministry of Mines - Canada
- GMR Energy Limited - India
- Orica Mining Services - Indonesia
- Independent Power Producers Association of India
- ASAPP Information Group - India
- Rashtriya Ispat Nigam Limited - India
- Makarim & Taira - Indonesia
- Sical Logistics Limited - India
- Electricity Authority, New Zealand
- Toyota Tsusho Corporation, Japan
- Siam City Cement PLC, Thailand
- Holcim Trading Pte Ltd - Singapore
- Planning Commission, India
- Parry Sugars Refinery, India
- Meralco Power Generation, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Economic Council, Georgia
- Coalindo Energy - Indonesia
- Trasteel International SA, Italy
- GVK Power & Infra Limited - India
- Tamil Nadu electricity Board
- Romanian Commodities Exchange
- Jorong Barutama Greston.PT - Indonesia
- Banpu Public Company Limited - Thailand
- Kohat Cement Company Ltd. - Pakistan
- Bharathi Cement Corporation - India
- PNOC Exploration Corporation - Philippines
- New Zealand Coal & Carbon
- Alfred C Toepfer International GmbH - Germany
- Wilmar Investment Holdings
- Sarangani Energy Corporation, Philippines
- Mjunction Services Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Xindia Steels Limited - India
- Kaltim Prima Coal - Indonesia
- Standard Chartered Bank - UAE
- Altura Mining Limited, Indonesia
- Mintek Dendrill Indonesia
- Agrawal Coal Company - India
- Kobexindo Tractors - Indoneisa
- Latin American Coal - Colombia
- PetroVietnam Power Coal Import and Supply Company
- Central Electricity Authority - India
- Parliament of New Zealand
- Neyveli Lignite Corporation Ltd, - India
- IHS Mccloskey Coal Group - USA
- Karbindo Abesyapradhi - Indoneisa
- Posco Energy - South Korea
- Chamber of Mines of South Africa
- Heidelberg Cement - Germany
- GN Power Mariveles Coal Plant, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Antam Resourcindo - Indonesia
- Goldman Sachs - Singapore
- Karaikal Port Pvt Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Lanco Infratech Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Vizag Seaport Private Limited - India
- Bhushan Steel Limited - India
- Uttam Galva Steels Limited - India
- European Bulk Services B.V. - Netherlands
- Price Waterhouse Coopers - Russia
- Grasim Industreis Ltd - India
- SMC Global Power, Philippines
- AsiaOL BioFuels Corp., Philippines
- Vijayanagar Sugar Pvt Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Wood Mackenzie - Singapore
- Bangladesh Power Developement Board
- Coal and Oil Company - UAE
- Jindal Steel & Power Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Aditya Birla Group - India
- South Luzon Thermal Energy Corporation
- Orica Australia Pty. Ltd.
- Kalimantan Lumbung Energi - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Eastern Energy - Thailand
- Electricity Generating Authority of Thailand
- CNBM International Corporation - China
- Larsen & Toubro Limited - India
- IEA Clean Coal Centre - UK
- Global Green Power PLC Corporation, Philippines
- Indonesian Coal Mining Association
- GAC Shipping (India) Pvt Ltd
- Energy Development Corp, Philippines
- Thiess Contractors Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Semirara Mining Corp, Philippines
- International Coal Ventures Pvt Ltd - India
- OPG Power Generation Pvt Ltd - India
- Eastern Coal Council - USA
- San Jose City I Power Corp, Philippines
- Timah Investasi Mineral - Indoneisa
- Chettinad Cement Corporation Ltd - India
- MS Steel International - UAE
- Merrill Lynch Commodities Europe
- Australian Coal Association
- Aboitiz Power Corporation - Philippines
- Indika Energy - Indonesia
- ICICI Bank Limited - India
- VISA Power Limited - India
- Directorate Of Revenue Intelligence - India
- Bayan Resources Tbk. - Indonesia
- Minerals Council of Australia
- Samtan Co., Ltd - South Korea
- Sree Jayajothi Cements Limited - India
- Maheswari Brothers Coal Limited - India
- Essar Steel Hazira Ltd - India
- Ministry of Transport, Egypt
- Renaissance Capital - South Africa
- LBH Netherlands Bv - Netherlands
- Borneo Indobara - Indonesia
- Kepco SPC Power Corporation, Philippines
- Metalloyd Limited - United Kingdom
- PowerSource Philippines DevCo
- Ceylon Electricity Board - Sri Lanka
- India Bulls Power Limited - India
- Ind-Barath Power Infra Limited - India
- Anglo American - United Kingdom
- Commonwealth Bank - Australia
- Rio Tinto Coal - Australia
- Deloitte Consulting - India
- Binh Thuan Hamico - Vietnam
- Sakthi Sugars Limited - India
- Dalmia Cement Bharat India
- Jaiprakash Power Ventures ltd
- Madhucon Powers Ltd - India
- Attock Cement Pakistan Limited
- Cement Manufacturers Association - India
- The State Trading Corporation of India Ltd
- Globalindo Alam Lestari - Indonesia
- Vedanta Resources Plc - India
- Port Waratah Coal Services - Australia
- Bahari Cakrawala Sebuku - Indonesia
- Power Finance Corporation Ltd., India
- Pendopo Energi Batubara - Indonesia
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