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Future of Coal Series

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Despite major shifts in the industry and serious worries in coal communities, today coal still supplies nearly 40% of our electricity. According to the Bureau of Land Management, one out of every five homes and business in the US use electricity made from Wyoming coal. But what does the future look like for fossil fuels in a world where there is increasing pressure to keep them in the ground? In this series, we examine the role of coal as an energy source in a world where constraints on carbon emissions are adopted to mitigate global warming. Indeed, the challenge for governments and industry is to find a path that mitigates carbon emissions yet continues to utilize coal to meet urgent energy needs, especially in developing economies.

Future of Coal Series

The 'clean coal' row shouldn't distract us from using carbon capture for other industries

Apr 18, 2017 06:08 am UTC| Insights & Views

Since the February blackouts in South Australia, the Australian government has increased its interest in carbon dioxide capture and storage (CCS). However, in Australia and elsewhere, CCS is closely associated to so-called...

Future of Coal Series

In China and Pakistan's coal romance, where's the love for the climate?

Mar 30, 2017 07:27 am UTC| Insights & Views

If you were travelling via motorway from Islamabad to Lahore during November or December 2016, you might have felt like your head was in the clouds. Thats thanks to the smog that engulfed large parts of Pakistans Punjab...

Future of Coal Series

That Lump of Coal

Feb 15, 2017 07:03 am UTC| Insights & Views Politics

Dont be afraid, dont be scared, it wont hurt you. Its coal. With these words Australias Treasurer Scott Morrison taunted the Opposition, attempting to ridicule its commitment to renewable energy. He handed the lump of...

Future of Coal Series

New coal plants wouldn't be clean, and would cost billions in taxpayer subsidies

Feb 02, 2017 15:41 pm UTC| Insights & Views Economy

Following a campaign by the coal industry, Prime Minister Malcolm Turnbull has argued for new coal-fired power stations in Australia. But these plants would be more expensive than renewables and carry a huge liability...

Future of Coal Series

Is 'clean coal' power the answer to Australia's emissions targets?

Jan 26, 2017 15:35 pm UTC| Insights & Views

As Australias energy debate heats up, some politicians are calling for cleaner and more efficient coal power stations to reduce greenhouse gas emissions. Energy Minister Josh Frydenberg told ABC radio on Tuesday that...

Future of Coal Series

Will Trump negotiate a better coal deal for taxpayers?

Jan 23, 2017 00:52 am UTC| Insights & Views Economy

Its here. The first week of the Trump administration. And it promises to be a busy one. On the energy front, Trump has an ambitious agenda for his first days in office. Some policy changes will take time to execute....

Future of Coal Series

Inside the coal industry's rhetorical playbook

Jan 09, 2017 05:40 am UTC| Insights & Views

If citizens have heard anything about the upheaval in the U.S. coal industry, it is probably the insistence that President Obama and the EPA have waged a war on coal. This phrase is written into President-elect Donald...

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Economy

The yen plunges to 34-year low despite interest rate hike

The Bank of Japan (BoJ) raised interest rates for the first time in 17 years on March 19, bringing an era of negative interest rates to an end. The key rate was hiked from 0.1% to a band from zero to 0.1% a token effort...

The idea that US interest rates will stay higher for longer is probably wrong

The 0.4% rise in US consumer prices in March didnt look like headline news. It was the same as the February increase, and the year-on-year rise of 3.5% is still sharply down from 5% a year ago. All the same, this modest...

Impact of Iran-Israel conflict on Stocks, Gold and Bitcoin

Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation,...

Japan Posts 7.7% Growth in Machinery Orders

In a striking development that looks set to invigorate Japans economic prospects, a key gauge of capital spending in the country has seen its most significant jump in over a year. According to Cabinet Office data released...

Why Africa can be the beating heart of South Korea’s technology industry

Tshepo Ncube, Head: International Coverage and Bhavtik Vallabhjee, Head: Power, Utilities Infrastructure at Absa CIB reflect on their recent visit to South Korea, examining why investors in the region have their eyes set...

Politics

US Commerce Secretary Asserts Huawei Chip Lag, Affirms Export Control Success

In an interview on CBS News 60 Minutes, Commerce Secretary Gina Raimondo stated that the latest Huawei Mate 60 Pro phones chip remains significantly behind U.S. technology despite being the most advanced from China. She...

The Alberta government is interfering in public sector bargaining on an unprecedented scale

In the coming months, over 200,000 public sector workers in Alberta will begin bargaining with their employers for new contracts. The most recent agreements expired in March and, after many years of high inflation and few...

Putin’s Russia: first arrests under new anti-LGBT laws mark new era of repression

Just over three decades after Russia decriminalised homosexuality in 1993, three people have been arrested and charged under the countrys harsh new anti-LGBT laws and could face ten years in prison for membership of an...

Nvidia RTX 4090D Embroiled in US-China Tech Rivalry; South Korea Navigates Chip Export Dilemma

The U.S. government has tightened export restrictions on high-performance semiconductor chips to China, including the Nvidia RTX 4090D, and is urging South Korea to enforce similar curbs, marking a significant escalation...

Canada needs a national strategy for homeless refugee claimants

One year after the federal government closed Roxham Road, refugee claims in Canada continue to increase: there were 143,785 in 2023 compared to 91,730 in 2022. The surprise announcement in March 2023 to modify Canadas...

Science

Peter Higgs was one of the greats of particle physics. He transformed what we know about the building blocks of the universe

Peter Higgs, who gave his name to the subatomic particle known as the Higgs boson, has died aged 94. He was always a modest man, especially when considering that he was one of the greats of particle physics the area of...

Could a telescope ever see the beginning of time? An astronomer explains

The James Webb Space Telescope, or JWST for short, is one of the most advanced telescopes ever built. Planning for JWST began over 25 years ago, and construction efforts spanned over a decade. It was launched into space on...

US media coverage of new science less likely to mention researchers with African and East Asian names

When one Chinese national recently petitioned the U.S. Citizenship and Immigration Services to become a permanent resident, he thought his chances were pretty good. As an accomplished biologist, he figured that news...

If life exists on Jupiter’s moon Europa, scientists might soon be able to detect it

Europa is one of the largest of more than 90 moons in orbit around the planet Jupiter. It is also one of the best places to look for alien life. Often termed an ocean world by scientists, observations to date strongly...

Exploding stars are rare but emit torrents of radiation − if one happened close enough to Earth, it could threaten life on the planet

Stars like the Sun are remarkably constant. They vary in brightness by only 0.1% over years and decades, thanks to the fusion of hydrogen into helium that powers them. This process will keep the Sun shining steadily for...

Technology

Post-Halving Surge: Standard Chartered Predicts Bitcoin to Hit $150K on Reduced Market Leverage

Geoff Kendrick, Standard Chartered Banks analyst and head of digital assets research, believes bitcoin (BTC) would likely trend upward following the halving due to lower leveraged market positions. In an interview with...

Joe Biden Proposes Record 44.6% Capital Gains Tax in Latest Budget Plan That May Favor Cryptocurrencies

President Joe Biden has proposed raising the capital gains tax to an unprecedented 44.6% in a bold fiscal move, targeting the wealthiest Americans. This hike is part of his 2025 budget proposal to reduce income...

Tesla Cybertruck Hits 1,000-Unit Weekly Production Amid Q1 Financial Shortfalls

Tesla announced a milestone in Cybertruck production, achieving 1,000 units per week concurrently with reporting lower-than-expected financial results for Q1 2024. Despite missing revenue and earnings estimates, Teslas...

IBM Acquires HashiCorp, Giving Its Hybrid-Cloud Business a Boost

IBM, or the International Business Machines Corporation, announced it will buy the San Francisco-based software company HashiCorp on Wednesday, April 24. IBMs Strategic Acquisition IBMs acquisition of HashiCorp,...

Tesla Model 3 Performance Eligible for $7,500 Tax Credit, Launches at $53K

Tesla Inc. has unveiled a new $52,990 Performance model of its Model 3, eligible for full $7,500 federal EV tax credits. This introduces a more cost-effective option amidst Teslas current lineup. Teslas New $53K Model 3...