Coal India Ltd. approved an investment of about 473 billion rupees ($6.4 billion) on mining projects as the company seeks to boost output to replace imports of the fuel, the Kolkata-based miner said in an emailed statement. The approvals include eight new projects as well as expansion plans for 24 existing mines, Coal India said. […]

Lawmakers have denounced a “loophole” in the European Commission’s proposed climate target for 2030 and pointed the finger at the EU executive for its hard negotiation style over the EU climate law. MEPs from across the political spectrum turned up the heat on Frans Timmermans, the executive vice-president of the European Commission, during a heated exchange […]

China will invest more in coal to power its economy over the next five years, according to a government plan released Friday that only modestly increased renewable ambitions. Environmentalists had been hoping China’s five-year national development plan, unveiled at its annual parliamentary session, would give a roadmap for its goal of carbon neutrality by 2060. […]

A climate summit to be held in Glasgow in November will fail unless more countries follow Britain’s lead and make far more ambitious plans to cut emissions, the United Nations has said. Only two of the world’s 18 largest greenhouse gas emitters — the UK and the European Union — have so far submitted plans […]

Russia and India reject attempts to turn global warming into a global security issue. UN Security Council hears of climate threat, does nothing When it comes to climate change, bombs don’t work, so the United Nations Security Council prefers words to action. Tuesday saw the highest profile discussion of climate change in the U.N.’s central […]

Siltronic, one of the world’s leading chip makers, is moving Germany’s top high-tech company to Asia. Siltronic boss Christoph von Plotho blames Germany’s high energy costs for the decision: “The high electricity price makes the location unattractive,” he said in an interview with the Handelsblatt. His company pays “less than half the electricity price” in […]

Reuters – Freezing temperatures hitting Texas have put onshore wind farms out of service and forced operator RWE to buy electricity at sky-rocketing prices, it said on Friday, warning of a knock on earnings this year. Germany’s largest power producer said the crisis would mean a low- to mid-triple-digit million euro hit to core earnings […]

The Polish government wants to start producing nuclear energy in 2033 and has agreed to deals with the US and France. But Germany is increasingly alarmed by its neighbor’s energy plans. Poland is working towards reducing its dependence on coal and forging ahead with plans to start producing nuclear energy. Its Polityka Energetczna Polski (PEP) strategy, […]