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The Latest Breaking News from Coal

Australia’s coal exporters made windfall gain of $45bn last year, report estimates

Report by Australia Institute finds a windfall profits tax could collect almost all this money for public use

The Guardian - AU

Alan Kohler: Three broken promises define 2022

Thanks to our unaffordable housing, Philip Lowe might not end up with a recession on his conscious, only the legacy of broken promises.

The New Daily

WA not immune to gas supply woes: forecast

The latest forecast warns WA's domestic gas market is facing a shortfall and new renewable sources of energy won't fully compensate for the exit of coal.

AAP

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Increased oil, coal and car use are risking Irish climate targets, says Sustainable Energy Authority of Ireland

SEAI says two significant drivers were rebounding car use post-Covid as well the increasing use of coal and oil to create electricity

Irish Mirror

Lessons from Germany to help solve the U.S. medical debt crisis

What would a world without medical debt look like? In Germany's former coal-mining region medical debt is almost unknown, despite economic challenges and health problems. Here's why.

WEKU

G7 nations to provide Vietnam with $15.5 billion to cut coal use

The Group of Seven (G7) industrialised nations will provide $15.5 billion to help Vietnam transition away from coal, the British foreign office said on Wednesday.

Reuters

Plan to cap gas and coal prices wins enough support to pass parliament

The federal Greens are lending their support to a plan to cap coal and gas prices and provide energy bill relief in return for a funding package to help households and businesses get off gas faster.

ABC News

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Lock The Gate slams Perrottet government over trio of NSW coal projects

Coal expansion projects under green microscope

Newcastle Herald

Facing a cold northern winter, Japan watches Australia's energy market intervention closely

The Japanese government adds its voice to the debate about plans for coal and gas price caps amid concerns about energy security at home.

ABC News

Psychology subsidy cuts are beyond belief

Email letters@newcastleherald.com.au or send a text message to 0427 154 176 (include name and suburb).

Newcastle Herald

Michael Hiltzik: Solar and wind energy are killing off fossil fuel, despite the right's best efforts

American conservatives may be trying to hold back the tide, but solar and wind power are surging worldwide, leaving coal, natural gas and oil in the dust as energy sources.

Los Angeles Times

Anthony Albanese’s latest plan to subsidise foreign coal and gas companies is just absurd

Fossil fuel subsidies are a stupid idea. We aren’t so much decarbonising our economy as turbocharging its carbon intensity

The Guardian - AU

Coal-fired power plants could receive bulk of price cap compensation, Treasury briefings suggest

Generators likely to receive lion’s share of payments worth more than $500m after commonwealth said producers could be paid if costs exceed $125 a tonne

The Guardian - AU

Gove’s defence of UK coalmine dismissed as ‘greenwashing nonsense’

Head of offsetting standard rubbishes minister’s claim of Cumbrian mine’s carbon neutrality as ‘absurd’

The Guardian - UK

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Reuters

Mongolia to take mining firm public after protests over graft

Mongolia will push ahead with plans to list a state mining firm embroiled in a corruption scandal that has sparked protests in the capital Ulaanbaatar, with new ownership likely to help drive out graft, the country's justice minister told Reuters.

The Conversation

Xi Jinping's reelection may help Indonesian economy, but protests may worsen anti-Chinese sentiments

Chinese President Xi Jinping has been reelected as the Secretary General of China Communist Party (CCP), making him secure an unprecedented third term as the country’s leader.

Newcastle Herald

Political players jostle as Labor unveils consultation draft of gas and coal price cap bill

Labor's power price relief bill to parliament

ABC News

Greens hold firm on demand for two-year power bill freeze ahead of vote on coal and gas price caps

The Greens, whose support is needed to pass a proposed price cap on gas and coal, are holding firm on their demand for a two-year freeze on energy bill prices, which they say will save households $750 and be paid for by fossil fuel companies.

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The New Daily

Paul Bongiorno: Politically charged Albanese braces for a high-voltage end to the year

Apparently, the penny hasn’t dropped that a longer term end to energy from fossil fuels is the very outcome voters are demanding.

Newcastle Herald

Coal and gas price cap is a political stunt

Email letters@newcastleherald.com.au or send a text message to 0427 154 176 (include name and suburb).

The Guardian - UK

Cumbria coalmine digs a hole for Britain’s climate policy

Letters: Michael Gove’s decision to approve a new mine is greeted with anger and frustration by Steven Schofield, Keith Fitton, Dr Chris Haughton, Gary Nethercott and Liz Fairhurst

AAP

No compo for fossil fuel firms: Greens

As the coalition flags it has an open mind on whether to support the government's energy price relief, the Greens have set out their negotiating position.

Evening Standard

Just Stop Oil march in Clapham against government ‘clampdown’ with Camden protest to follow

Activists step up protests after Michael Gove approves Cumbria coal mine

The New Daily

Greens threaten government’s plan to cut energy bills

The government's plans to curb energy bills are looking shakier after the Greens refused to rule out sinking a deal to cut power bills

Reuters

Russia's logistic logjam worsens in winter, curbs coal exports to China

Infrastructure bottlenecks in Russia worsened with the winter season as rising demand for Asia-bound cargoes amid European sanctions on Moscow led to rail jams and worsened prospects for coal sales to China, according to data and market sources.

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