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...The company’s focus on the fuel dates from the start of the industry....
...As coal is the largest contributor of energy-related emissions, Lamboll said the growth in coal capacity could jeopardise this....
...Glencore has promised to spin off its coal business as a standalone company, subject to shareholder approval, within 24 months of closing a $6.9bn deal it made in November to buy the coal division of Canada...
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...By most metrics, 2023 was a year to forget for the largest package delivery company in the US....
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...Indian infrastructure tycoon Gautam Adani’s flagship company withstood a collapse in coal trading revenues to post a rise in quarterly operating profits, in results published Thursday....
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...A consortium led by Glencore has struck a $9bn deal to buy the coal business of Teck Resources, as the London-listed mining and trading giant doubles down on the fossil fuel....
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...The debt reduction plan aims to pave the way for the Swiss group to spin off a separate coal company in the second half of 2026, in what would be its most radical restructuring since buying mining group...
...Rather, it suggests that users disclose the objectives of their coal operations, including new coal mine openings....
...New Delhi’s past attempts to attract private investment for new mines have had only limited success, in part because of a lack of appetite among companies reluctant to make long-term investments in the fossil...
...BHP and Japan’s Mitsubishi have sold two coal mines in Queensland to Sydney-listed Whitehaven for $3.2bn as part of the mining company’s move away from fossil fuels....
...Ahead of COP, there is also concern that moves by western capitals to block Chinese companies from clean tech investment will weaken the west’s case in encouraging China to strengthen its climate commitments...
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...It started converting from coal to wood pellets in 2013....
...The Nifty 50 index of the country’s largest listed companies added 0.5 per cent, with Coal India and Bharat Petroleum leading gains as they rose 3.8 per cent and 3.2 per cent, respectively....
...alternative processes that don’t use coal at all....
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