coal News

Some Risks Too Big: Insurers Withdraw from Fossil Projects

BERLIN (AP) — Insurance companies that have long said they’ll cover anything, at the right price, are increasingly ruling out fossil fuel projects because of climate change — to cheers from environmental campaigners. More than a dozen groups that track …

Deadly Extreme Weather Year For US as Carbon Emissions Soar

The United States staggered through a steady onslaught of deadly billion-dollar weather and climate disasters in an extra hot 2021, while the nation’s greenhouse gas emissions last year jumped 6% because of surges in coal and long-haul trucking, putting America …

‘Nothing Else Here’: Why It’s So Hard For World to Quit Coal

DHANBAD, India (AP) — Every day, Raju gets on his bicycle and unwillingly pedals the world a tiny bit closer to climate catastrophe. Every day, he straps half a dozen sacks of coal pilfered from mines — up to 200 …

Reinsurers Look at Dumping Coal From Bulk-Buy Policies in Green Gambit

LONDON — Major reinsurers have already pulled back from providing bespoke cover for coal projects as part of efforts to meet global climate change commitments, but now comes the hard part – finding ways to exclude coal from bulk-buy contracts, …

Hydropower Dams Face Backlash After Himalayan Flood Tragedy

The flash flood in India’s Himalayan state of Uttarakhand which killed at least 34 people at the weekend has raised public anger over hydropower projects that the government considers essential to decarbonize the nation’s electricity generation. The deluge triggered by …

Lloyd’s of London Steps Back From Coal in First Climate Change Policy

LONDON — Lloyd’s of London is scaling back its exposure to coal and oil sands, the commercial insurance market said in its first sustainability report on Wednesday, in a reversal of its traditional hands-off approach to climate change strategy. Lloyd’s …

Sasol’s Lake Charles Plant Remains Shut Following Hurricane Laura

South African petrochemicals group Sasol said on Monday that its Lake Charles Chemical facility in the U.S. state of Louisiana remained shut after Hurricane Laura made landfall last week. The world’s top manufacturer of motor fuel from coal, said manufacturing …

States Oppose Trump Proposal to Ship LNG by Rail, Citing Safety Risk

WASHINGTON — Attorneys general from 16 U.S. states have opposed a Trump administration proposal to ship liquefied natural gas (LNG) by rail, arguing that potential leaks from the shipments pose risks of fiery explosions to residents and emergency responders. The …

The Other Coal Fight: Red States Try to Drain Toxic Waste Ponds

It’s the other dirty problem for U.S. coal — one that could cost utilities billions to clean up. Even as the Trump administration tries to revive the industry, some states are pushing utilities including Duke Energy Corp. and Dominion Energy …

Coal and Cattle Lead Business Damage to Nature: Study

Coal-fired power generation in Asia and cattle ranching in South America are the most damaging businesses for nature with hidden costs that exceed the value of their production, a U.N.-backed report said on Monday. Global output of basic goods from …