Ann Arbor (Informed Comment) – My title is from William Shakespeare’s Henry the VI. In the original, Dick “the Butcher” is speaking of ways to overthrow the king and improve the country, and he suggests killing all the lawyers first. Nowadays, carbon dioxide is the thing preventing us from improving the country. President Biden has […]
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Coal
Climate activists mount utility strike to urge the shutdown of New England coal plant
By Barbara Peterson | – (Waging Nonviolence) – Santa is not the only one giving out coal this year. Climate activists like Johnny Sanchez and Sonja Birthisel in Portland, Maine, recently sent their utility company an envelope of coal instead of payment towards their electric bill. This symbolic act of defiance, organized by the No […]
Solar just made Banks write off a $1 bn. Australian Coal Plant as Worthless; What’s in Your Retirement Portfolio?
Ann Arbor (Informed Comment) – Daniel Mercer at the Australian Broadcasting Company reports that the newest coal-fired power plant in the country, the 10-year-old, nearly $1 bn. USD Bluewater facility, has been written off as worthless by its investors. Southwestern Australia has so much cheap solar energy that the coal plant’s prospects cratered, especially once […]
Australia’s Massive Solar Energy Hub in Outback to produce coal-killer Green Ammonia
Ann Arbor (Informed Comment) – The Asian Renewable Energy Hub is planning a $16 billion solar and wind project in the part of the Australian outback known as Pilbara, that is, in the north of the West Australian desert. The panels work by converting photons or ordinary light rays to electricity. The Australian Bureau of […]
Climate Emergency is Drowning Bangladesh; is Dhaka Finally Dumping Coal?
By Tom Baxter | – ( China Dialogue) – Bangladesh’s minister of power, energy and mineral resources, Nasrul Hamid, surprised energy watchers recently when he said the country is planning to “review” all but three of 29 planned coal plants. “We are keeping the three coal-fired power plants that are under construction. At present, we […]
After a big win against coal, NY climate activists are closer than ever to ending all fossil fuel investments
By Nick Engelfried | – ( Waging Nonviolence ) – When New York State Comptroller Thomas DiNapoli announced last month that the state would divest its over $200 billion Common Retirement Fund from more than 20 coal companies, it marked an important milestone for a grassroots campaign that has seen a recent burst of new […]
Coal Plummets 30% in Germany as Renewables Gain during Covid-19 Slowdown
( Clean Energy Wire) – An abrupt halt to economic activity and greatly reduced mobility in reaction to the coronavirus outbreak have let Germany’s energy consumption plummet in the first half of 2020. While all fossil fuels and especially coal experienced a sharp drop in demand, energy produced with renewables increased its share and absolute […]
Frankenfuel: The Market is done with Big Oil and Coal, but will they Lumber on with Gov’t Subsidies?
Southwest Harbor, Maine (Special to Informed Comment) – Are the big oil stocks headed for collapse? Citizens as diverse as climate activist and 350.org founder Bill McKibben and CNBC finance guru Jim Cramer seem to think so. Here is Cramer as reported by Axios in early February even before the historic plunge in crude prices.\ […]
Coronavirus Effect: In One Year, Share of Coal in German Public Power Supply Cratered to 16% from 30%
By Freja Eriksen | — ( Clean Energy Wire) – Coal’s share in Germany’s net public power production fell to around 16 percent in April 2020, shows data by Fraunhofer ISE’s Energy Charts. The institute’s Energy Charts project does not include data on the amount of power the generating facilities consume themselves to operate, or […]