India’s thermal coal imports rose 12.6 percent to nearly 200 million tonnes in 2019, government data reviewed by Reuters showed, reflecting the second straight year of growth in shipments of the fuel despite attempts by the government to cut imports. Coal is...
State-miner Coal India Limited’s (CIL’s) planned investment in overseas coal assets is facing stiff speed-breakers, with global merchant bankers unwilling to take up an advisory and due diligence mandate for the so-called ‘dirty fuel’. Last year, the miner floated a...
In this opinion article, sustainability consultant Rhys Newton-Hill and Brundtland Consulting partner Henk Sa provide an in-depth analysis of the potential impact of the European Union’s (EU’s) Carbon Border Adjustment...
Global demand for oil will reach its peak this decade, the International Energy Agency predicted for the first time, amid growing popularity of electric cars and the cooling of China’s economy. The predicted peak, which the agency also anticipates for coal and natural...
As was the case with India, China was slow to give up on coal as the source of energy and heating. But at the same time, it was investing significant amounts of domestic resources for developing renewable sources of energy. According to one newspaper analysis issued...
