NEWSWORTHY
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 ...
Is Japan finally turning away from coal?
Some Japanese financial institutions have started the race to move beyond coal in Asia.
Nippon Life to stop financing coal-fired power
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 ...
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 ...
Too many government are supporting the expansion of fossil fuel production.
Environmental Protection Agency Administrator Scott Pruitt resigned Thursday amid ethics investigations of outsized security spending, first-class flights and a sweetheart condo lease. With Pruitt's departure, President Donald Trump loses an administrator many conservatives regarded as one of the more effective members of his Cabinet. But ...
“The G7 have pledged to phase out fossil fuel subsidies, but they don’t have any systems in terms of accountability to meet the pledges,” says study’s lead author.
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 ...
China says to end 'one size fits all' environmental policies
China plans to end its "one size fits all" approach to fighting pollution, the environment ministry said Monday, as it tries to devise more nuanced policies that match local conditions and minimize economic disruption. The failure to take heed of local conditions will be regarded ...
Mitsubishi Corp. profit hits record on higher coal prices, expects further growth
Trading house Mitsubishi Corp. said Tuesday its profit for the last financial year jumped 27 percent to record levels due to stronger prices for coking coal and other commodities, while forecasting another profit rise this year. Japanese trading houses have been enjoying their best profits ...
Australia to export liquefied hydrogen to Japan in world-first project
Australian brown coal will be converted into liquid hydrogen for export to Japan in the world's first such fuel project, Prime Minister Malcolm Turnbull said Thursday. The multibillion-dollar Hydrogen Energy Supply Chain pilot will see brown coal from the Latrobe Valley in the state of ...
Fewer new coal plants being built, but too many to meet Paris target, study says
The number of coal-fired power plants built worldwide fell steeply over the past two years, but emissions are too high to keep global warming within relatively safe levels, campaigners said on Thursday. The start of new builds dropped by 73 percent between 2015 and 2017, ...
