Australia's Whitehaven Coal posted a 92.7% rise in its second-quarter production on Wednesday, helped by strong contributions from New South Wales mines and its recently acquired Queensland mines.
The Russian government is stepping in to help the industry hit by falling exports, sanctions and infrastructure challenges.
China's thermal power generation, primarily fueled by coal, reached a record high in 2024 despite a surge in renewable energy installations.
Trump is also staffing his agencies with pro-coal administrators. The Energy Department last week rehired Steve Winberg, who was an assistant DOE secretary during Trump’s first term and is CEO of a group that supports retrofitting existing coal plants with carbon capture.
There are 206 coal-burning power plants left in the United States, which supply about 16 percent of the country’s energy. Experts say burning more doesn’t make financial sense.
The boost in wind and solar production has also been larger than the increase in generation from natural gas, which remains the single largest source of power on the grid, generating nearly 44 percent of the electricity used in the US.
Thermal coal prices expected to decline due to lower global consumption, while coking coal prices face oversupply issues.
By Peter Ford Garment factories burning coal is bad, and must stop. The fashion industry has largely aligned on this fact by now, with most high street brands (absent Patagonia, PVH, C&A and some others) having signed the UNFCCC’s Fashion Charter commitment to no onsite burning of coal at factories supplying T1 (final assembly and packing) and T2
President Donald Trump's return to office could bring some temporary relief to the beleaguered U.S. coal industry.
Less than a year ago, Rocky Mountain Power (RMP), PacifiCorp’s division in Idaho, Utah and Wyoming, said its Hunter and Huntington coal-fired would continue to burn coal until 2036 and 2042, respectively. Now their retirements could be pushed back even further.
In Emery County, fourth-generation coal miner Jared Simms says, “This whole area was raised on coal mining." But at 49, he doesn't think he'll "be able to retire a coal miner.”
Australia's Whitehaven Coal posted a 92.7% rise in its second-quarter production on Wednesday, helped by strong contributions from New South Wales mines and its recently acquired Queensland mines. The miner's New South Wales operations,