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Institutional Investors Just Can’t Quit Coal

Almost everyone – environmentalists, policymakers, financial institutions, and fossil fuel magnates alike – agree on one thing: it’s time to ditch coal. And that’s a list of people who don’t agree on pretty much anything at all. It’s clear that coal needs to go. The fossil fuel is infamously dirty and emits the highest amount

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UK Ship Comes Under Attack in the Red Sea

A UK-registered vessel has become the target of attack off the Yemeni coast, with military authorities saying that the crew had abandoned the vessel. The UK’s Maritime Trade Operations authority reported the incident and said that military authorities remained on the scene to provide assistance, adding advice for ships in the area to transit with

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The $387 Billion Coal Replacement that is Nuclear

Replacing coal-fired power stations with small modular nuclear reactors, would cost taxpayers $387 billion, implying the option would not get backing from the industry, suggested Chris Bowen, the Climate Change Minister. More than 70 small modular nuclear reactors would be required to compensate for the lost power generation from the retirement of the current coal-fired

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India Aims To Reduce Coal Imports Dependency By 2025

Union Minister of Coal, Mines, and Parliamentary Affairs, Pralhad Joshi has stated that India’s coal import for the power sector is projected to reduce to 2% by 2025, attributing the decrease to a substantial increase in domestic coal production. Joshi indicated that the total coal production for this year is poised to exceed one billion

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China, Malaysia are shaping agricultural trade future

Chinese Premier Li Qiang, on Sunday, met with Malaysia’s Prime Minister Datuk Seri Anwar Ibrahim in Nanning, the capital of south China’s Guangxi Zhuang Autonomous Region. Li expressed China’s willingness to enhance the synergy of Malaysia’s development strategies with its own, and to continue working together to build a high-quality Belt and Road and the

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China’s thermal coal imports jump, crowding out India

China’s imports of thermal coal in November are poised to surge to the second-highest monthly total this year, helping drive prices higher for the grades most commonly sought by the world’s biggest buyer of the power station fuel. Thermal coal imports are expected to be around 29.21 million metric tons

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Bank of America Backs Out on Agreement to not Fund New Coal Projects

Despite Bank of America’s 2021 commitment to cease financing new coal mines, plants, or Arctic oil drilling, these ventures will now undergo “enhanced due diligence” as outlined in the company’s “Environmental and Social Risk Policy Framework” from December 2023. The New York Times reported that Bank of America’s “Environmental and Social Risk Policy Framework” from

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Record Surge in Global Coal Capacity Led by China

Continued expansion in China’s coal fleet and a slowdown in plant retirements in the United States and Europe in 2023 resulted in the highest net increase in global operating coal capacity since 2016, Roman Bilousov from Enertus AG said. While the slower retirements outside China are expected to be a

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Swiss researchers develop method to slow ageing in mice

Scientists from the University of Fribourg have discovered a mechanism with which they were able to reduce age-related inflammation in the rodents, thus slowing the ageing process. At the end of the treatment, the mice showed better cognitive, visual and motor skills due to the drug improving their bodies’ cleansing system, the University of Fribourg

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Coal Byproducts Are a Great Source of Rare Earth Elements

Civilization as we know it wouldn’t exist without rare earth elements. No smartphones, LEDs, wind turbines, or even car batteries. REEs, such as cerium and scandium, are scattered throughout the earth’s crust. China alone produces nearly 90 ­percent of the world’s supply, and the U.S.’s only mine closed

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