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...An executive at the Tiger Global-backed company told employees on a hastily arranged call that an expected investment from a coal mining group had not materialised, and that it could not pay overdue June...
...Existing satellites have detected more than 500 “super-emitting” events in 2022 from oil and gas operations, the IEA said, with a further 100 such events at coal mines, which can release methane during or...
...But its speciality business agreed to insure thermal coal mining company Global Mining Holding Company, LLC, and its subsidiary Signal Peak Energy for up to $2mn, for the two years to November 2023, according...
...Brookfield argues that private capital is needed for the country to rapidly reduce its reliance on coal-fired power plants for electricity if it is to meet its net zero targets....
...Letter in response to this article: Are education publishers the AI canary in coal mine? / From James Morris, Malmesbury, Wiltshire, UK...
...The company, which denies Hindenburg’s allegations, pulled out of purchasing a $847mn coal power plant in India in February and has since refrained from making new deals....
..., adding that “the long-term profitability and equity performance of so-called ‘profitless tech’ companies will dwarf those of companies that have catered to short-term oriented shareholders with share repurchases...
...The ETM funds the decommissioning of coal-fired power plants while also backing new renewable projects, thereby helping to accelerate energy transition in those countries....
...However, Australia still faces a tough task in reducing its domestic energy reliance on coal-fired power....
...He also extended a $30mn loan to a company registered in the name of Epstein’s private pilot. The company, Plan D LLC, owned a Gulfstream jet....
...Catalyst switched from its original subadviser, called Stone Beach Investment Management, to Wynkoop Financial LLC, which manages another fund for Catalyst....
...The company — which initially provided haulage services to coal-fired power stations — was acquired by Severn Trent in 1991, which floated the business in 2006....
...“It all depends on the state of the railways,” said the executive of one European steel company that sources iron ore from Ukraine. “We do have alternatives for iron ore and coal....
...Still, in April, the Japanese government banned imports of Russian coal and, along with other G7 nations, has pledged to reduce its reliance on Russian energy overall....
...“But no one was using offshore companies in Antigua during the Crusades.”...
...And five months after Anglo American tried a similar trick by spinning out its South African thermal coal assets, shares in the new company have doubled. No wonder opinions are split....
...Oil, gas, coal. Cattles obviously a big part of not only Wyoming’s economy, but Wyoming’s sort of identity or heritage, you know....
...Last year, the FT reported that a GLG Partners fund created out of assets bought by star manager Greg Coffey before the crisis, including a large stake in a Siberian coal mine, had only recently made the...
...“It remains to be seen to what extent the carbon price will drive investment decisions and retirements of existing operational units, especially as coal prices remain elevated.”...
...“The infrastructure of cloud services is massive, and there are still a whole lot of data centres powered by coal,” points out Simon Ponsford, chief executive of cloud management platform YellowDog and founder...
...In fact, mining uses coal power so aggressively that when one coal mine flooded and shut down in Xianjiang province over the weekend, one-third of all bitcoin’s computing power went offline....
...In areas where demand for clean power from tech is surging, some companies that own gas-fired and coal-fired power plants may have to close them down sooner than expected, incurring financial losses....
...He will be succeeded by Gary Nagle, head of the company’s coal business. More here from the FT and Lex. Julia Hoggett was appointed as chief executive of London Stock Exchange, a subsidiary of LSEG....
...President Donald Trump has pledged to abandon the Paris climate accord and shredded the anti-coal federal Clean Power Plan....
...Yes, assets are cheaper, but some private-equity owned companies are facing ruin....
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