Global coal phase-out to cost between $200 billion, $2 trillion – study

The ICLED-based sensor is able to detect methane concentrations as low as 0.1 parts per million.

The eye-popping figure pales in comparison to the astronomical $1 trillion in coal investments held by 4,488 institutional investors as of January this year.

The miner beat expectations with a small fall in 2020 earnings, but boosted dividend as soaring commodity prices helped it recover from covid-19 disruptions in the first half of the year.

Ten years after the adoption of the UN Guiding Principles on Business and Human Rights (UNGPs), a new study shows that large mining companies have failed to translate promises to communities into action plans.

Russian researchers found that adding copper salts to coal reduces the content of unburnt carbon in ash residue by 3.1 times and CO content by 40%.

The same week Glencore said it will abandon its coal mining interests in Colombia amid dropping profits, the country launched a proposal for its first battery storage system.

New research shows that abandoned and deeper coal mines emit more methane, which is 25 times more powerful than carbon dioxide when it comes to warming the planet.

They thrived in the last quarter of last year as the global industry began bouncing back from the pandemic-induced shutdown, EY’s latest Canadian Mining Eye index shows.

Woodhouse Colliery would produce 3.1 million annual tonnes of metallurgical coal, and 400,000 tonnes of carbon emissions a year.