Ukraine… burning more coal

“Ukraine in 2018 increased imports of coal and anthracite by 8.1% (by 1.610 million tonnes) compared to 2017, to 21.388 million tonnes. According to the State Fiscal Service, coal was imported for $3.035 billion, which is 10.6% more than in 2017.” Of the $3 billion in imports, about $907 million was US coal.

Source: Open4Business.com.ua

Russia aims to dominate European coal market

“Exports from Russia in 2018 came to 191 million mt, a rise of 3.4% on the year, according to the latest data from the ministry of energy, making the 2018 volume the highest since S&P Global Platts began collecting data in 2013… Coal production in 2018 came to 431.76 million mt, a rise of 6% on year and also the highest volume since Platts began collecting data in 2013… Thermal coal traders in Europe have been unanimous in the opinion that Russian producers have been adamant to be the dominant supplier to the market, which in itself was likely to spur on higher exports to Europe.”

Source: SPGlobal.com

India’s aluminum producers desperate for cheap coal

“India’s indigenously produced coal continues to be prioritised for power producers as the country’s electricity demand shoots up. This trend has disconcerted players in the non-regulated sectors- primarily aluminum… Aluminium producers have installed captive power plants (CPP) inside their manufacturing premises to cut down on energy sourcing costs. But the case of worsening coal shortfall has thrown their operations into disarray.”

Source: HellenicShippingnews.com

BURN MORE COAL responds to Duke Energy request to SEC to ignore shareholder proposal on greenwashing

On December 28, 2018, Duke Energy asked the U.S. Securities and Exchange Commission for permission to omit BURN MORE COAL’s shareholder proposal from Duke’s 2019 proxy materials. If granted, it would mean no shareholder vote at Duke’s 2019 annual meeting on our proposal for a greenwashing audit. Below is BURN MORE COAL’s response.

Continue reading BURN MORE COAL responds to Duke Energy request to SEC to ignore shareholder proposal on greenwashing

Pennsylvania Governor orders 26% cut in emissions, 21% cut in energy use by 2025

Pennsylvania (0.5% of global emissions) is politically aligning itself with the Paris Climate Hoax — because the climate will be better when Pennsylvania only emits 0.4% of global emissions. Although both First Energy and the Sierra Club say the move won’t have much, if any of an effect on the state power mix, the coal industry should by now have learned that nothing good comes from failure to push back on such empty gestures.

Continue reading Pennsylvania Governor orders 26% cut in emissions, 21% cut in energy use by 2025