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The Latest Breaking News from Coal

Robust demand could keep the coal industry on a positive growth trajectory, despite enhanced environmental concerns. Therefore, coal stocks Yankuang Energy Group Company (YZCAY) and CONSOL Energy (CEIX), with notable fundamental strength, could be solid buys now. However, given the weak fundamentals of American Resources Corp. (AREC), it could be…

StockNews.com

Former West Virginia Supreme Court Justice Warren McGraw dies at 84

Former West Virginia Supreme Court Justice Warren McGraw has died at age 84

The Independent UK

National Grid in talks with Drax to revive coal-fired units

Plans for North Yorkshire plant discussed as return of scheme to pay customers to reduce electricity during peak times confirmed

The Guardian - UK

From analysis to the latest developments in health,
read the most diverse news in one place.

It may be hot, but most British homes don’t need aircon. Switch it off

As a coal-fired power station is readied to meet the exploding demand for portable units, let’s face it: this is just extravagance, says journalist Hannah Fearn

The Guardian - UK

Long-awaited Vietnam energy plan aims to boost renewables, but fossil fuels still in the mix

Vietnam has released a long-anticipated energy plan meant to take the country through the next decade and help meet soaring demand while reducing carbon emissions

The Independent UK

Big battery opens at retired coal-fired power site

A battery system able to store an hour of power from 30,000 solar homes has opened at a former Victorian coal-fired power station site in an Australian first.

The New Daily

Coal mining in India has a human cost

Communities living close to coal mines in India face the constant threat of coal fires and land subsidence forcing them to flee their homes.

360info

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Why did National Grid use coal to meet surge in electricity demand?

When rising temperatures put a strain on electricity supply on Monday, National Grid turned to coal to ease the pressure, rather than renewables

The Guardian - UK

Tyrone O’Sullivan obituary

Miners’ leader who saved the colliery where he worked from closure by engineering a buyout

The Guardian - UK

Treasurer Cameron Dick all smiles as coal fight results in billions flowing into Queensland’s budget

Labor’s voter-pleasing cost-of-living handouts, new housing and health funding have now been linked to increasing royalties on mining profits

The Guardian - AU

Record-breaking budget surplus to deliver rich rewards

Soaring gas and coal prices have led to a record breaking surplus of $12.3b in Queensland, to be largely channelled into relieving cost of living pressures.

The New Daily

Queensland state budget 2023 winners and losers: parents, households prioritised over coal lobby’s campaign

Treasurer Cameron Dick unveils what he says are the most generous electricity rebates of all the states and territories

The Guardian - AU

Queensland budget 2023: coal royalty boom funds $550 energy rebate, free kindergarten and a record surplus

State’s treasurer Cameron Dick says $10bn revenue windfall will help pay for the nation’s most generous energy relief scheme

The Guardian - AU

3 Coal Stocks to Add to Your Summer Watchlist

Given coal’s demand, availability, and reliability, the coal industry is expected to witness growth despite the increased focus on renewable energy sources. Therefore, investors could watch fundamentally strong stocks China Shenhua Energy (CSUAY), SunCoke Energy (SXC), and Hallador Energy (HNRG) this summer. Keep reading….

StockNews.com

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The Guardian - UK

UK heatwave prompts National Grid to fire up coal plant to meet aircon demand

National Grid asks for two units at Ratcliffe-on-Soar plant to be brought into action after temperature tops 30C

Newcastle Herald

Private hands would derail high-speed train

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

Nottingham Post

Man fears flats will block daylight to Arnold house built by his dad

His family has owned the home since building it in the 1960s

The Hindu

Chief Minister announces ₹700 crore Dasara bonus for Singareni workforce; increase of monthly pension for physically challenged persons

Chief Minister K. Chandrasekhar Rao announces in Mancherial that the SCCL would be paying out a Dasara bonus of Rs. 700 crore this year

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WEKU

James Watt, sharp-tongued interior secretary under Reagan, dies at 85

The Reagan administration's sharp-tongued, pro-development interior secretary was beloved by conservatives but ran afoul of environmentalists. Watt even managed to offend Beach Boys fans.

The Hindu

Switching from coal power contracts to renewable energy can save Kerala ₹9,000 crore in five years, says study

A report on the findings, released here on Friday, recommended that the State go in for a phased energy transition plan with the goal of phasing out coal power purchases by 2030

Dynamite News

Jharkhand: 1 dead, several feared trapped after coal mine collapses in Dhanbad

At least one person died and several others are feared trapped after a portion of BCCL (Bharat Coking Coal Limited) open mine collapsed on Friday. Read further on Dynamite News:

The Independent UK

James Watt, sharp-tongued and pro-development Interior secretary under Reagan, dies at 85

Reagan administration Interior Secretary James Watt has died at age 85

The Hindu

ED issues summons to Abhishek after grilling his wife

TMC Leader Abhishek Banerjee’s wife questioned by ED in coal pilferage case

The Guardian - AU

Do the fossil fuel industry’s claims of Australia’s gas-fired future stack up?

Appea’s assertion that gas is indispensable is ludicrous when it’s renewables that are replacing coal

The Hindu

Cabinet approves ₹2,980 crore for Exploration of Coal and Lignite scheme

The time period for the extension is from 2021-22 to 2025-26 co-terminus with the 15th Finance Commission cycle

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