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China Coal Futures Hit Record High As Mines Flood; Worsening Power Shortages Hit Rust Belt
China Coal Futures Hit Record High As Mines Flood; Worsening Power Shortages Hit Rust Belt China’s top coal-producing region has been devastated by torrential rains and flooding this past week. About 9% of the coal mines in Shanxi province, an area responsible for producing 30% of China’s supply, have closed operations. The direct effect of […]
Energy Crisis May Unleash Winter Blackouts Across US, Insider Warns
Energy Crisis May Unleash Winter Blackouts Across US, Insider Warns The energy crisis that is rippling through Asia and Europe could unleash electricity shortages and blackouts in the U.S., according to Bloomberg. Ernie Thrasher, CEO of Xcoal Energy & Resources LLC., told energy research firm IHS Markit that U.S. utilities quickly turn to more coal because of soaring natural […]
Coal for Christmas
Coal for Christmas China’s Supply Chains in an Energy Crisis In mid-April 2021, I began receiving reports from sources in China and the United States that certain regions in China had begun to experience ongoing power disruptions at their warehouses and manufacturing facilities. Most notable of these was in south China’s Guangdong megaregion, where in […]
Europe Turns To Russia For More Coal As Energy Prices Skyrocket
Europe Turns To Russia For More Coal As Energy Prices Skyrocket Europe is facing a perfect storm of increasing demand for energy in the wake of the COVID-19 pandemic, and a dwindling supply of natural gas used to produce electricity. As Europe’s struggling energy markets look to import any form of affordable energy they can, […]
German Power Plant Halted After It Runs Out Of Coal
German Power Plant Halted After It Runs Out Of Coal In the history of the world, German electricity prices have never been higher… … and if what just happened at the Steag Bergkamen-A electric plant is any indication, they are about to get a whole lot higher. According to Bloomberg, the global energy crisis has forced […]
The World Won’t Buy Alberta’s Second-Rate Coal: Experts
The World Won’t Buy Alberta’s Second-Rate Coal: Experts What Kenney wants mined is such poor quality ‘it won’t make the cut’ for global markets, panel told. Alberta’s proposed coking coal projects are often compared to the Elk Valley mine in BC, but the amounts and quality aren’t at all the same, say two industry veterans. Photo […]
New South Wales’ coal fired power plants operating at close to rated capacity: winter 2021
New South Wales’ coal fired power plants operating at close to rated capacity: winter 2021 This article follows 2 earlier posts on power price spikes in May 2021 (Tomago alu smelter load shedding and Callide C4 explosion) It is easy enough to click on the following link of the National Electricity Market (NEM) to get the percentage […]
Depleted Gas Stocks Force Europe To Use More Coal
Depleted Gas Stocks Force Europe To Use More Coal With power demand recovering from the pandemic, European utilities are using more coal as natural gas inventories are unusually low for this time of the year due to a cold snap in late winter and early spring. This year, despite the record-high carbon price in Europe, […]
When Is Mountaintop Removal Not Mountaintop Removal? In Alberta, of Course!
When Is Mountaintop Removal Not Mountaintop Removal? In Alberta, of Course! The Kenney government plays word games as it plans to strip-mine the Rockies. Does this look like mountaintop removal to you? Coal mining underway in Elk Valley, BC, on the west side of the Rockies across from where Alberta plans similar mining. Photo by Callum […]
Achtung Baby! (It’s Cold Outside) – Germany’s ‘Green’ Energy Fail Rescued by Coal and Gas
Achtung Baby! (It’s Cold Outside) – Germany’s ‘Green’ Energy Fail Rescued by Coal and Gas Barely a week after Davos luminaries met with world leaders and Silicon Valley oligarchs to plot their latest phase of the Great Reset, the underlying provenance of their entire ‘climate emergency’ thesis is still struggling to correspond with reality. Their much-celebrated […]
Critics Skeptical as Alberta Reverses Course on Open-pit Coal Mines
Critics Skeptical as Alberta Reverses Course on Open-pit Coal Mines Five days after Kenney defended the province’s mining push, the government says it was all a big mistake. Rancher Renie Blades says she’s glad that the Alberta government admitted its mistake in cancelling the Coal Policy, but calls her response ‘very guarded.’ Photo by Callum Gunn. […]
China Restricts Electricity Use Amid Coal Shortage
China Restricts Electricity Use Amid Coal Shortage Despite the swift industrial recovery from the pandemic, factories in areas in China are working only part-time, and residents in several provinces are asked to save electricity, while authorities are turning off street lights and billboards, warning of coal shortages this winter. In at least three provinces in […]
The Coal Curse – A Review
The Coal Curse – A Review Governments are abrogating their first responsibility, which is to safeguard the people and their future well-being. The first part of historian Judith Brett’s Quarterly Essay, The Coal Curse – Resources, Climate and Australia’s Future, is a masterly dissection of Australian economic history since WW2. Credit – Unsplash It brings […]
What Kenney Had to Kill to Embrace Coal
What Kenney Had to Kill to Embrace Coal Alberta’s 1976 Coal Policy protected vital drinking water supplies for much of the province. That’s gone now. Under the cover of a pandemic, Alberta Premier Jason Kenney quietly wiped away a near half-century of safeguards against open pit coal mining in most of the province’s Rocky Mountains […]
