The Adaro Blog

DOE tightens rules on coal-fired power plants
March 3, 2016, 12:59 pm
MANILA, Philippines – The Department of Energy (DOE) is eyeing to impose stricter standards on coal-fired power plants to contribute to climate change mitigation programs and the country’s commitment to lessen carbon emissions. Energy Secretary Zenaida Monsada said the agency is...
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Barack Obama wants India, China to use clean coal
March 2, 2016, 1:00 pm
Washington, Feb 23: Calling climate change a real problem, President Barack Obama would like India and China to know how to use clean coal to ensure they are not emitting huge amount of carbon. ”Number one, climate change is real,” he said speaking at a national governors association...
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Factbox: Japan sets new standards for coal-fired power plants
February 29, 2016, 12:00 am
TOKYO (Reuters) – Japan’s Ministry of Economy, Trade and Industry (METI) plans to tighten rules for coal-fired power plants from April in an effort to cut greenhouse gas emissions in the power industry that account for 40 percent of the nation’s total. The steps, including...
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Greenpeace calls on banks to stop credit for coal mining
February 26, 2016, 1:04 pm
Jakarta (ANTARA News) – Greenpeace Indonesia asks all banks in Indonesia to comply with call by the Financial Service Authority (OJK) to stop new credits for coal mining projects. All banks in Indonesia should stop financing coal mining after the OJK issued the order, Senior campaigner of...
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Goldman Sees Indian Coal Worsening Glut in World Awash in Fuel
February 24, 2016, 1:07 pm
Slumping global coal and liquefied natural gas prices will be under further pressure as rising Indian coal production exacerbates a glut of power-generation fuel, according to Goldman Sachs Group Inc. The prospect of higher output from India, which is forecast to overtake China as the...
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Coal keeps hanging in there, but for how long?
February 23, 2016, 1:08 pm
It is hard to know how much more pain the coal industry can take after a prolonged winter of depressed prices. Anglo’s Australian business could look very different on Wednesday morning. It could shrink its local presence in coal to a couple of mines. When Anglo chief executive Mark...
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World Coal Association calls for policy parity for carbon capture and storage
February 19, 2016, 1:10 pm
New Delhi, Feb.15 (ANI): Speaking at a conference here today, World Coal Association Chief Executive Benjamin Sporton said the critical role of coal in driving economic development in India meant the international community should support advanced coal technologies in the country. “India...
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Jokowi Leans on China, Central Bank to Revive Indonesia GDP
February 17, 2016, 1:11 pm
President still confident of 7% growth target by end of term Government wants interest rate to `fall, fall, fall, fall’ Indonesia President Joko Widodo is confident that more Chinese infrastructure loans and lower borrowing costs can help him reach a 7 percent growth target,...
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China’s Coal Miners Get Holiday Due to Oversupply: Reports
February 15, 2016, 1:12 pm
A worker loads coal on a truck at a depot near a coal mine from the state-owned Longmay Group on the outskirts of Jixi, Heilongjiang Province, China, Oct. 24, 2015. Oversupply of coal in China has been a great opportunity for miners to reunite with their families this Lunar New Year...
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Coal Companies Get A Boost From SC Decision To Stay Obama Enviro Regs
February 11, 2016, 1:13 pm
Shares of coal companies skyrocketed following news the U.S. Supreme Court moved to place a halt to the Obama administration’s Clean Power Plan (CPP). Peabody Energy, the world’s largest private coal company, saw its shares jumped 10.7 percent, as did Wyoming-based Cloud Peak Energy,...
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