Despite Bank of America’s 2021 commitment to cease financing new coal mines, plants, or Arctic oil drilling, these ventures will now undergo “enhanced due diligence” […]
Commodities
The Challenge for a Coal-Free Poland: Limited Alternatives
Poland continues to rely on coal for energy, particularly for heating homes. Silesia, the coal region of Poland, is currently experiencing a ‘green evolution’. The […]
The $387 Billion Coal Replacement that is Nuclear
Replacing coal-fired power stations with small modular nuclear reactors, would cost taxpayers $387 billion, implying the option would not get backing from the industry, suggested […]
Liquefied Natural Gas Potentially Worse than Coal in Climate Change
One of the largest energy sources in the world, which was once considered a substitute for coal, may have an even more detrimental impact on […]
World coal market: brief overview
Last week thermal coal indices on the European market continued steady recovery above 115 USD/t. The sharp price strengthening was driven by the introduction of […]
Additional negative factors undermine Russian coal exports
Rail shipments of Russian coal to ports in January-February 2024 decreased to 30.5 mio t (-3.7 mio t or -10.8% y-o-y). Moreover, the main decline […]
Russian coal suppliers abandon SUEK and Mechel export terminals
Amid economic sanctions imposed by the United States, the international market may be deprived in 2024 not only of the tonnage supplied by SUEK and […]
Russian producers suspend coal export supplies to Taman in Feb 2024
Due to high transshipment rates at OTEKO terminal in Taman, that make coal exports unprofitable, Russian mining companies did not submit railroad applications to the […]
Export duties on Russian coal to return in March
The Russian government is returning export duties on coal. The new duties will be effective from March 1, 2024 to February 28, 2025. The tax […]
World coal market: brief overview
Last week thermal coal indices on the European market surged up to 110 USD/t, driven by the introduction of sanctions against major Russian coal companies […]