For many investors, oil and natural gas are the only energy commodities.
But thermal coal, used to fire power stations, is also important even if it is often overlooked. Read more
Powerfuel’s administration makes grim reading for supporters of carbon capture and storage, not least the companies thinking of making an investment in the sector. Read more
In a sign of how controversial shale drilling has become, key Republican members of Congress are questioning the Obama administration’s moves to regulate the technology that has made the US gas boom possible. Read more
In the first of a new series of readers’ Q&A sessions, Sara Vaughan, Eon UK’s head of energy policy and regulation, took on the burning questions you wanted answering. Below are her thoughts on how the UK measures up on low-carbon energy, the limitations of a carbon floor price and why the carbon reduction commitment might be better off as a tax. Read more
In this week’s podcast: We look at movements in the coal industry as the US prepares to become the world’s most active market, we look at oil prices and the call from Opec’s secretary general Abdalla El-Badri for tighter regulations, we hear about the EU’s proposed target of cutting emissions by 30 per cent in part by looking to the food and drink industry and we discuss the upcoming consultations in the UK on the reform of the electricity market.
Botswana was once a darling of investors on the African continent. Long loved for its placidity and its diamonds, the world’s largest producer of the gem is now on the map of resource-hungry Brics for another resource: coal. Read more
Last week I wrote about the spike in Chinese demand for coal, which was driving a boom in coal M&A deals.
The phenomenon has not gone unnoticed by environmental campaigners, many of whom are quoted in a piece today in the New York Times. Read more
Starting next week, Energy Source is bringing back its reader Q&A sessions. This is a chance for you to ask the bigwigs of the energy industry anything you could possibly want.
First up in the hotseat is Eon’s Sara Vaughan, their UK director of regulation and energy policy. Read more
Just two days ago the Wall Street Journal picked up on Chinese state media reports that the government was worried it might run out of coal. The paper reported:
State-run media reported that Beijing is considering capping domestic coal output in the 2011-2015 period, partly because officials worry miners are running down reserves too quickly to meet the needs of a rapidly expanding economy.
Those signals have been picked up by companies around the entire world, who are now clamouring to meet that demand. Read more
Vallar, the mining investment vehicle of UK businessman Nathaniel Rothschild, has staked its future on Indonesia’s coal boom – in a deal which would create the first Indonesian-controlled company on the London Stock Exchange. Read more