NEWSWORTHY

Seoul reports on illegal imports of North Korean coal

Aug 10, 2018

Seoul reports on illegal imports of North Korean coal

South Korea said a total of 35,000 tons of North Korean coal and pig iron worth $5.8 million illegally entered its ports last year, in possible violations of U.N. sanctions. Reporting on preliminary results from a 10-month investigation, the Korea Customs Service said Friday it ...

Nippon Life to stop financing coal-fired power

Jul 24, 2018

Nippon Life to stop financing coal-fired power

by Taiga Uranaka

Nippon Life Insurance Co. will no longer extend loans for, or invest in, coal-fired power plants due to environmental concerns, an official at Japan's biggest life insurer said, in the first such move by a major domestic institutional investor. Japanese banks in recent months have ...

Asia's power grids stretched by deadly heat wave

Jul 24, 2018

Asia's power grids stretched by deadly heat wave

A deadly heat wave across Asia is stretching electricity grids from southern China to Tokyo and Seoul, sending prices to multiyear highs and sparking warnings of more power stress to come. Japan on Monday breached records above 41 degrees as the heat blamed for dozens ...

Trump orders 'immediate steps' to boost coal, nuclear plants

Jun 2, 2018

Trump orders 'immediate steps' to boost coal, nuclear plants

U.S. President Donald Trump on Friday directed Energy Secretary Rick Perry to take "immediate steps" to bolster struggling coal-fired and nuclear power plants to keep them open, calling it a matter of national and economic security. Trump, who has frequently promised to bring back coal ...