Dec 10, 2014

Mitsui to buy stake in Mozambique coal, rail projects

Leading Japanese trading house Mitsui & Co will buy a stake in Mozambique coal and transport infrastructure projects, making an initial investment of $763 million, the company said Tuesday. Mitsui said it would buy 14 percent of the Moatize coal mine and 35 percent ...

German power plants may limit use of coal

Nov 25, 2014

German power plants may limit use of coal

Germany aims to limit coal use in electricity production to meet the country’s target in cutting Earth-warming carbon emissions, according to a document seen Monday. Economy and Energy Minister Sigmar Gabriel will propose that electricity producers reduce emissions of carbon dioxide by 4.4 million ...

China to ban all coal use in Beijing by 2020

Aug 5, 2014

China to ban all coal use in Beijing by 2020

China’s smog-plagued capital has announced plans to ban the use of coal by the end of 2020 as the country fights deadly levels of pollution, especially in major cities. Beijing’s Municipal Environmental Protection Bureau posted the plan on its website Monday, saying the city ...

U.S. cleans up, but coal exports reach new heights

Jul 29, 2014

U.S. cleans up, but coal exports reach new heights

As the Obama administration weans the U.S. off dirty fuels blamed for global warming, energy companies have been sending more of America’s unwanted energy leftovers to other parts of the world where they could create even more pollution. This fossil fuel trade threatens to ...

Jun 16, 2014

Bridgestone puts Thai unit on hold

Bridgestone Corp., the world’s largest tire maker, will postpone the start of production at a new tire plant in Thailand because global demand for coal-mining vehicles is less than expected. The company will announce a new output start date “when demand comes back,” Chief ...