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The Latest Breaking News from Coal

Albanese has COVID but only one real headache – and the stakes are high for your budget

Anthony Albanese needs to bring premiers on board with a government plan to tame skyrocketing energy bills.

The New Daily

Federal Labor prepared to compensate states in effort to drive down energy bills

Commonwealth to compensate states for imposing cap on coal prices, treasurer says, meaning bill relief for Australian households in first half of 2023

The Guardian - AU

Protesters in Mongolia try to storm state palace

Thousands gathered to demand action over the economy and surging inflation amid a simmering corruption scandal.

Al Jazeera

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Anthony Albanese says postponing energy market meeting with premiers won’t delay power price relief

The prime minister, who is isolating with Covid, says putting off national cabinet by two days will not affect timing of proposed intervention

The Guardian - AU

NSW seek details of coal price cap plan: 'We can't play whack-a-mole in energy policy'

Ahead of a key energy meeting between federal, state and territory leaders, NSW Treasurer Matt Kean is calling on the prime minister to provide a detailed plan for a potential cap on coal prices.

Newcastle Herald

PM flags 'constructive' power price talks

The prime minister is confident he and state and territory leaders will be able to find a solution to the nation's energy price hikes at a key meeting.

AAP

Private profits and public pain: It’s well past time for action on fossil fuels

No other industry has caused such significant economic hardship for 21 million Australians, all the while banking unprecedented profits.

The New Daily

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Paul Bongiorno: Albanese is heading in the right direction – the same can’t be said of Dutton

Peter Dutton is placing great store on Albanese and Labor failing to deliver on promises to have the Coalition back in power after one term.

The New Daily

Call to cap diesel rebate, sting oil firms

Experts warn subsidies for coal- and gas-fired plants could derail cleaner, cheaper power as energy ministers prepare for crucial talks in Brisbane on Thursday.

AAP

Unmarked graves, an 'ugly history': W.Va. weighs mine safety

The unmarked graves in a forgotten West Virginia burial ground known locally as Little Egypt contain the remains of dozens of coal mine workers who died in a 1912 mine explosion

The Independent UK

The U.S. wants to slash carbon emissions from power plants. Natural gas is in the way

Despite climate targets set by the Biden administration and corporate executives, the U.S. is still building new natural gas plants that threaten to cause greenhouse gas emissions for decades to come.

WEKU

Albanese postpones energy market intervention meeting with states after testing positive for Covid

PM urges state and territory leaders to agree to cooperative intervention to halt climbing electricity prices

The Guardian - AU

Qld to seek coal, gas cap compensation

Queensland will oppose market interventions, such as wholesale gas and coal price caps or windfall taxes if the state isn't compensated, the premier says.

AAP

Anthony Albanese aware states may demand compensation if Commonwealth imposes coal price caps

Anthony Albanese says he understands the states' concerns that introducing a price cap on coal may hurt their royalties, but something must be done to lower energy prices.

ABC News

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The Conversation

Loss, decay and bleaching: why sponges may be the ‘canary in the coal mine’ for impacts of marine heatwaves

Marine sponges were thought to be more resilient to ocean warming than other organisms. But earlier this year, New Zealand recorded the largest-ever sponge bleaching event off its southern coastline.

The Guardian - AU

Cap on coal price complicating federal bid to quell Australians’ energy costs

Bill Shorten says all options remain on the table as the federal government remains hopeful agreement with states can be struck

ABC News

Matt Kean confirms federal government is asking states to impose coal caps

The federal government is facing resistance from the states over its request for caps on coal prices, with NSW seeking legal advice.

ABC News

Synergy will need to 'blend' coal imported from NSW due to 'high ash content' as it scrambles to keep lights on

State-owned West Australian power provider Synergy is facing questions about whether it paid millions of dollars to import the wrong type of coal as it scrambles to keep the lights on this summer.

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AAP

Tough decisions loom as energy prices bite

NSW Treasurer Matt Kean said the state government will support the Commonwealth capping energy prices but implored his federal counterparts to move quickly.

ABC News

Critics pan ASIC as 'toothless tiger' amid anger over collapse of critical WA coal mine Griffin

Australia's corporate regulator is accused of failing to properly investigate a "bankrupt" coal mine whose troubles are threatening the security of a state's electricity system.

The Guardian - AU

Coalition MP’s ‘grassroots’ nuclear power survey linked to consulting firm

Exclusive: Ted O’Brien’s Time to Talk Nuclear website was registered by business that helps US reactor company

The Independent UK

Climate summit president warns of hit to UK ‘reputation’ if coal mine gets go-ahead

Alok Sharma insists mine is not needed and won’t create many jobs – ahead of likely decision within days

The Guardian - UK

Cumbria coalmine plan is ‘backward step’, says Alok Sharma

Tory party’s most respected figure on climate says mine will damage UK’s international reputation as well as environment

The Independent UK

Utility recommends natural gas plant despite objections

The nation’s largest public utility is recommending replacing an aging coal burning power plant with natural gas, ignoring calls for the Tennessee Valley Authority to speed its transition to renewable energy

The Conversation

High fossil fuel prices mean UK cannot delay transition to low emissions steel

Steel is essential for making many of the technologies that will end fossil fuel combustion, including electric vehicles, wind turbines and solar panels. Unfortunately, to produce a lot of steel, manufacturers need to burn a lot of fossil fuel.

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