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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 world's carbon price is a fraction of what we need – because only a fifth of global emissions are priced

Jan 24, 2023 05:30 am UTC| Economy

At the end of last year, the worlds average price to emit one tonne of greenhouse gases was around US$5.29 (AU$7.77). For pricing to work as we want to wean us off fossil fuels it needs to be around $75 by the end of the...

Future of Coal Series

The end of coal-fired power is in sight, even with private interests holding out

Oct 11, 2022 04:28 am UTC| Economy

If future historians pick a point in time when Australia comprehensively turned its back on coal-fired generation, they may well point to AGLs decision to bring forward the closure of Loy Yang A, the cheapest (excluding...

Future of Coal Series

Why including coal in a new ‘capacity mechanism’ will make Australia's energy crisis worse

Jun 21, 2022 21:42 pm UTC| Economy

Australias electricity generators would be paid extra money to be available even if they dont actually generate any energy, under a new mechanism proposed by the federal governments Energy Security Board...

Future of Coal Series

China's demand for seaborne coal is set to drop fast and far. Australia should take note.

Apr 23, 2022 08:14 am UTC| Economy

Chinas plans to boost energy security and cut carbon emissions mean this years sudden boom for Australian coal exporters is just a blip. Our new research explores the double pressures of Chinas plans to bolster energy...

Future of Coal Series

Australia's government gives more support to fossil fuel research than is apparent

Jul 24, 2021 06:09 am UTC| Economy

Australian governments direct billions to fossil fuel companies. Among the projects funded by Commonwealth and state governments are work on coal ports, railways and power stations, and research into clean coal or coal...

Future of Coal Series

Deutsche Bank to discontinue lending to coal miners

Aug 01, 2020 14:31 pm UTC| Business

Deutsche Bank announced it would discontinue business with companies that are most exposed to coal mining by 2025 at the latest. The policy will cover companies making over half their revenues from coal mining or, where...

Future of Coal Series

Aren't we in a drought? The Australian black coal industry uses enough water for over 5 million people

May 05, 2020 08:33 am UTC| Nature

Water is a highly contested resource in this long, oppressive drought, and the coal industry is one of Australias biggest water users. Research released today, funded by the Australian Conservation Foundation, has...

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Economy

Mercedes Pay+ Debuts In-Car Fingerprint Payments in Partnership with Mastercard

Mercedes-Benz collaborates with Mastercard to launch Mercedes Pay+, facilitating in-car refueling payments. Using an integrated fingerprint sensor, drivers can now securely settle fuel bills directly from their vehicles....

Getty, NVIDIA Partner on AI Image Generator; Ensuring Copyright Compliance

Getty Images Holdings Inc. and NVIDIA are collaborating on an AI-driven image generator, striving to produce content free from copyright concerns and averting deepfake creation and intellectual property...

Mitsubishi UFJ Trust Bank Teams Up with Binance Japan for New Stablecoin Venture

Mitsubishi UFJ Trust Bank collaborates with Binance Japan and Progmat on a stablecoin initiative, leveraging Progmat Coin infrastructure. Anticipated stablecoin issuance follows the amended Fund Settlement Acts June 2023...

LG Electronics Unveils First Foldable Laptop in South Korea: The LG Gram Fold

LG Electronics introduced the LG Gram Fold (17X90R) in South Korea, marking a revolutionary shift in laptop design. This innovative device, releasing next week, combines adaptability and cutting-edge technology and is...

Jeff Bezos Announces Dave Limp's Transition from Amazon to Blue Origin's Top Role

Dave Limp, Amazons senior vice president of devices and services, has been named the new CEO of Blue Origin Rocket. Jeff Bezos conveyed this leadership shift in a letter, praising Limps capabilities. Limp assumes the...

Politics

Zelenskyy's meetings with Trudeau and Biden are aimed at winning the long war

Ukrainian President Volodymyr Zelenskyy has capped off a visit to North America with a stop in Ottawa, where he addressed Parliament and urged the world not to forget about the war in Ukraine. It is genocide what...

Offshore wind: a perfect storm of inflation and policy uncertainty risks derailing the UK's main hope for a low-carbon future

In what many have deemed a disaster, the UK governments latest auction for renewable power an annual attempt to incentivise private sector investment in a range of power sources has failed to bring forward any new...

Ukraine war: mixed signals among Kyiv's allies hint at growing conflict fatigue

It is now almost 600 days since Russia launched its full-scale invasion of Ukraine, and the war that has followed has tested the resilience of both countries. But it has also tested those in the west that have supported...

Sunak should be wary of backtracking on net zero – what history tells us about flip-flopping on the environment

Rishi Sunak has delivered a speech in which he announced delays to key net zero targets, including postponing the ban on the sale of new petrol and diesel cars until 2035. It is a remarkable event given that the UK...

The fraught history of India and the Khalistan movement

The Indian government has warned its citizens living in Canada to exercise extreme caution due to a deteriorating security environment in the country. The warning came after Canadian Prime Minister Justin Trudeau...

Science

A Nasa spacecraft is on course to deliver material from an asteroid to Earth – here's what we could learn

Around 15 years ago, I was on a European Space Agency (Esa) committee, looking at Esas strategy for proposed forthcoming space missions. Under consideration was a mission to an asteroid. Over dinner, one of the committee...

Five golden rules for effective science communication – perspectives from a documentary maker

Over the past three years, people from all walks of life have learned a great deal about different branches of science. The COVID-19 pandemic introduced many of us to information about virology and vaccine production....

Discovering the universe from our own backyards

When I was a college student, I worked at the Charlevoix Astronomical Observatory in Québec. It was a pretty decent summer job, as I got to observe celestial bodies until the dead of night, talk to astronomy...

Our planet is burning in unexpected ways - here’s how we can protect people and nature

People have been using fire for millennia. It is a vital part of many ecosystems and cultures. Yet human activities in the current era, sometimes called the Anthropocene, are reshaping patterns of fire across the...

Jamais vu: the science behind eerie opposite of déjà vu

Repetition has a strange relationship with the mind. Take the experience of déjà vu, when we wrongly believe have experienced a novel situation in the past leaving you with an spooky sense of pastness. But...

Technology

Hitachi Taps VR to Preserve Japanese Craftsmanship: Veteran Workers Guide Newbies in Metaverse

Hitachi Ltd. is revolutionizing Japanese craftsmanship training using the metaverse, enabling remote skill transfer. Utilizing VR and advanced cameras, the Tokyo-based electronics company offers real-time instruction,...

Mitsubishi Unveils Mysterious Electrified Minivan Concept Ahead of Japan Mobility Show 2023

Mitsubishi Motors unveiled an electrified minivan concept teaser, creating a buzz ahead of the Japan Mobility Show 2023. Speculation arises over its features and connection to existing models. The darkened image reveals...

How AI and AR could increase the risk of problem gambling for online sports betting

Sometimes referred to as the crack cocaine of gambling, electronic gaming machines (EGMs) such as slot machines allow bets to be placed as quickly as once every 2.5 seconds, delivering a rapid and immersive gambling...

OpenAI Unveils Major ChatGPT Update with 'See, Hear and Speak' Capabilities

OpenAI announces a groundbreaking ChatGPT update, introducing voice comprehension, audible responses, and image processing. This significant enhancement redefines AI communication, elevating the user experience. One of...

Mitsubishi Chemical to Open New Semiconductor Materials Plant by 2025 Amid Global Demand

Mitsubishi Chemical Group announces a new semiconductor materials plant, operational by March 2025. While the location remains undecided, Fukuoka Prefecture is under consideration. Given the components pivotal role in...