• Coal Resurgent, Renewables in Retreat After Trump Win

    • Date: 09/11/16
    • Javier Blas and Anna Hirtenstein, Bloomberg News

    If you want a snapshot of what the global energy map will look like under President Donald Trump, look no farther than the stock market. As coal enjoys a comeback, the biggest loser could be fight against climate change. Glencore Plc, the world’s top coal trader, surged more than 5 percent on Wednesday. Vestas Wind Systems […]

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  • European Renewable Stocks Fall On Concern Trump Will Cut Green Subsidies

    • Date: 09/11/16
    • Nikolaj Skydsgaard and Christoph Steitz, Reuters

    European renewable stocks fell sharply on Wednesday after Donald Trump won the U.S. presidential election, hit by concerns that his plans to promote coal and other fossil fuels will come at the expense of renewable energy investment. Trump’s campaign has promised to renegotiate the world’s second biggest carbon-emitting country’s role in a United Nations-led global […]

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  • Green Crash: World’s Biggest Wind Turbine Maker Sinks After Trump Victory

    • Date: 09/11/16
    • Christian Wienberg, Bloomberg News

    Shares in Vestas Wind Systems A/S plunged after U.S. voters unexpectedly propelled Republican nominee Donald Trump to the presidency, sparking concern that the renewable energy industry will face political headwinds in the future. The world’s biggest maker of wind turbines fell as much as 14 percent and traded 6.6 percent lower at 440.20 kroner as […]

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  • OPEC Report: Global Oil And Gas Demand Will Rise For Decades To Come

    • Date: 08/11/16
    • Ambrose Evans-Pritchard, The Daily Telegraph

    OPEC report predicts that coal will lose some share due to the Paris climate push, but oil and gas together will retain a 52.7pc share by 2040, exactly the same as today. Oil demand will continue rising as if nothing had really changed CREDIT: OPEC The Opec cartel is taking a brave bet that global oil demand will […]

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  • China Announces Massive Rise In Coal Capacity By 2020

    • Date: 07/11/16
    • Brian Spegele, The Wall Street Journal

    BEIJING—China’s government said it would raise coal power capacity by as much as 20% by 2020, ensuring a continuing strong role for the commodity in the country’s energy sector despite a pledge to bring down pollution levels. In a new five-year plan for electricity released Monday, the National Energy Administration said it would raise coal-fired […]

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  • India Becomes Coal Superpower, Overtakes USA

    • Date: 05/11/16
    • Press Trust of India

    NEW DELHI: India will be a global coal production bright spot with the country increasing global market share of output from 10.1 per cent in 2016 to 13.1 per cent by 2020.  In 2016, the country will surpass the United States to become the second largest coal producing country in the world, second only to […]

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  • Ukraine Started Shale Gas Production

    • Date: 05/11/16
    • Economics Wire

    Ukrainian company Ukrgazdobiv, which is part from the state-owned enterprise Neftogaz, started shale gas production, using the fracking method. The region of the drilling works was not disclosed, but according to the officials the first shale well was drilled in cooperation with leading European companies in the sector. The country started shale gas production, aiming […]

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  • China’s New Coal Boom Stuns Markets

    • Date: 04/11/16
    • Bloomberg

    China’s drive to reduce overcapacity and streamline its coal industry has sent prices of the bulk commodity soaring. Efforts initially aimed at reversing a four-year collapse and help miners repay debts have pushed coal higher and faster than anyone anticipated. The fuel burned in power stations has doubled, while the coal used in steel making has more than tripled. The […]

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