Blogs

China’s Thirst for Coal is Drying Up

As the "airpocalypse" news out of China continues to grow, what we predicted more than a year ago is now increasingly obvious -- China's seemingly endless coal demand is a myth, and the Chinese coal boom is over.

Read More

On the Contrary World Bank President Dr. Kim, Renewable Energy is the future

In the 21st century, it's hard to take anyone seriously who thinks coal, not clean energy, is the future for dynamic, emerging economies. But that's exactly what Dr. Jim Yong Kim, president of the World Bank, did this week during the U.S.-Africa Leaders Summit. Dr. Kim disparaged clean energy as incapable of powering development and even worse, suggested coal needed to remain on the table for the World Bank to be "taken seriously."

Read More

The future of coal in China, India, Australia, the US, EU and UK

Have reports of coal's demise been greatly exaggerated? It depends which part of the world you look at. Global coal use has grown significantly over the last decade, with global demand increasing 60 per cent between 1990 and 2011, according to research body the International Energy Agency (IEA). With some countries implementing climate policies to limit the use of polluting fuels, some commentators are predicting coal's imminent demise.

Read More

Australian Coal Is Not the Poverty-fighting Saviour for India

On August 12th, I stood with dozens of young Indians at the Annual General Meeting of the Indian-owned infrastructure company, GVK, in protest of their plans to dig up millions of tonnes of coal from Queensland's Galilee Basin and ship it to India. We are not fighting the reality that India needs energy to bring millions of our people out of poverty, but we are fighting the myth that coal is the solution.

Read More

India’s Coal Illusion

The biggest untold story in the world is now out in the open. Despite warnings from the World Bank about the dangers of unchecked climate change the coal industry has a global pipeline of nearly 1,200 plants planned, 2/3 of which are in India and China. India alone has plans to build a coal fleet nearly twice the size of the entire U.S. coal fleet. But if this pipeline has you thinking that a coal-fired future is inevitable, think again. These grandiose plans are an illusion the coal industry seeks to maintain because the truth is the majority of this global pipeline is nothing but vapor.

Read More