China coal peak: What the International Energy Agency missed
“The International Energy Agency (IEA) published its annual Medium-Term Coal Market Report yesterday, with a lot of attention devoted to proffering the notion that China’s coal consumption will continue to grow until the end of this decade, despite a dramatic slowdown this year, and ambitious new energy and climate targets. But an analysis of the IEA’s calculations suggests they may be a very optimistic outlook for the world’s most polluting form of energy based on data from the world’s largest coal companies,” writes Lauri Myllyvirta in EndCoal.
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Big Coal’s 2014 nightmare
“If 2013 was ‘annus horribilus’ for the global coal industry, 2014 has become its never-ending nightmare. Around the world the coal industry has been confronted with unprecedented opposition – from frontline communities opposing new mines or polluting power stations to the burgeoning divestment movement. As community opposition has grown and the industry has been engulfed in scandals of its own making, political and financial support for the industry has waned. All the indications are that 2015 may well be the year in which Big Coal’s transition towards ‘Little Coal’ accelerates,” writes Bob Burton in RenewEconomy.
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Sundarbans Oil Spill Shows Why Bangladesh’s Rampal Coal Plant is a Bad Idea
“A shipping collision in the Sundarbans World Heritage Area in Bangladesh has demonstrated the dangers of shipping coal, oil or other toxic products through the area. On 9th December the Southern Star-7 tanker, which was carrying about 350,000 litres of furnace oil, collided with another cargo vessel and sank. The oil spill has apparently already reached 70 km on either side of the crash site, and continues its toxic spread,” write Mowdud Rahman and Aviva Imhof inEndcoal.
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