February 1, 2022

India shows early signs of high coal, LNG, crude prices hurting demand

One of the key questions for the outlook for energy commodities is how quickly the current high prices translate into demand destruction, writes Clyde Russell.

January 30, 2022

Energy transition saw record investment in 2021 — report

BloombergNEF reports that global investment in the energy transition totalled $755 billion in 2021.

January 28, 2022

Coal price surges as Ukraine tensions worsen supply woes

The benchmark Newcastle coal index has soared by over a third this month to $262 a tonne.

January 28, 2022

Teck Resources’ QB2 to cost up to $500m more than planned

It estimates the covid-19 pandemic will impact the expansion project's cost by $900 to $1.1 billion, up from the $600 million anticipated.

January 27, 2022

Teck chooses Caterpillar to decarbonize haulage fleet

Teck's goal is to reduce the carbon intensity of its operations by 33% by 2030 and be a carbon-neutral operator by 2050.

January 27, 2022

Indonesia to allow only compliant firms to restart coal exports when ban ends

171 miners so far cleared to restart exports.

January 26, 2022

Europe forced to rely on expensive, dirty coal to keep lights on

The fossil fuel plays a vital role in helping to keep the lights on in Europe this winter even as prices are jumping and lawmakers are doing their best to…

January 25, 2022

Top coal funder Korea draws critique for slow phase-out plans

Financial institutions in South Korea have failed to keep up with their global peers in setting policies to exit the dirtiest fossil fuel, an activist group said.

January 25, 2022

Indonesia’s coal ban sends prices soaring, other exporters fail to step up

High coal prices and the threat of resource nationalism point to a more worrying longer term future for seaborne coal in Asia, writes Clyde Russell.

January 25, 2022

McKinsey pegs the price tag of a livable climate at $9.2 trillion a year

That’s at least $3.5 trillion more a year than the world is currently laying out for both low-carbon and fossil-fuel infrastructure.