Tag: Coal

Australia investigating reports that China has halted coal imports

A general view of a Australian flag is seen during a welcome ceremony for Australia’s then Prime Minister Julia Gillard outside the Great Hall of the People on April 9, 2013 in Beijing, China.

Feng Li | Getty Images

Australia is investigating media reports that China has stopped taking its coal shipments, Australia’s trade minister said on Tuesday, playing down a potential sign of escalating trade tensions between the two countries.

Speaking on breakfast television, Trade Minister Simon Birmingham said the government was seeking a response from China while noting that coal flows to the country had been disrupted in recent years partly due to Chinese “domestic factors.”

Diplomatic relations soured in 2018 when Australia banned China’s Huawei Technologies from participating in its nascent fifth-generation (5G) broadband network. Australia’s call for an independent inquiry into the origins of the novel coronavirus – which first emerged in China – further angered

Read More

Clean Coal Technology Market 2020 Global Industry Size, Recent Trends, Demand and Share Estimation by 2026 with Top Players ResearchReportsWorld.com

The MarketWatch News Department was not involved in the creation of this content.

Sep 29, 2020 (The Expresswire) —
Global “Clean Coal Technology Market” 2020 Global Industry Research Report is deep analysis by historical and current status of the market/industries for Global Clean Coal Technology industry. Also, research report categorizes the global Clean Coal Technology market by Segment by Player, Type, Application, Marketing Channel, and Region. Clean Coal Technology Market report also tracks the latest market dynamics, such as driving factors, restraining factors, and industry news like mergers, acquisitions, and investments. Clean Coal Technology Market Research Report provides market size (value and volume), market share, growth rate by types, applications, and combines both qualitative and quantitative methods to make micro and macro forecasts.

Get a Sample PDF of report at –https://www.researchreportsworld.com/enquiry/request-sample/15566933

The objective of the study is to define market sizes of different segments and countries in

Read More

If China plans to go carbon neutral by 2060, why’s it building so many coal plants?

China’s president, Xi Jinping, has announced plans for the nation to become carbon neutral by 2060, setting a bold goal for the world’s biggest climate polluter.

But it’s hard to reconcile Xi’s pledge, made before the UN General Assembly on Tuesday, with the nation’s recent actions. Most notably, China is in the midst of a coal building boom. As of late last year, the country had nearly 150 gigawatts’ worth of coal power plants in the development pipeline, roughly equal to the European Union’s total capacity, according to Global Energy Monitor, a nonprofit that tracks coal projects around the world.

The plants can easily operate for 60 years or more, so anything built today could continue pumping out greenhouse gases for decades beyond the 2060 deadline.

China appears to be trying to have it both ways. On the one hand, the nation is asserting itself as a climate leader at

Read More

General Electric Slides On New Build Coal Power Market Exit

General Electric  (GE) – Get Report shares traded lower Monday after the industrial group said it would exit the new build coal power market.

GE said it would continue to focus on and invest in its core renewable energy and power generation businesses, but added that getting out of the new build coal market would likely include site closings, job cuts and other “appropriate considerations for publicly held subsidiaries.” 

“With the continued transformation of GE, we are focused on power generation businesses that have attractive economics and a growth trajectory,” said Ge’s senior vice president and CEO of GE Power Russell Stokes. “As we pursue this exit from the new build coal power market, we will continue to support our customers, helping them to keep their existing plants running in a cost-effective and efficient way with best-in-class technology and service expertise.”

GE shares were marked 4.8% lower in

Read More