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China Regulators Approve Acquisition of Australian Coal Company

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China’s National Development and Reform Commission has approved the takeover of Australian coal company Felix Resources Ltd. by the state-owned Yanzhou Coal Mining Co Ltd, China’s fourth-largest coal producer. The two companies signed an agreement in August that Felix would be sold to Yanzhou Coal for AUD 16.95

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Bloomberg NEF forecasts falling battery prices enabling surge in wind and solar to 50% of global generation by 2050

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The result will be renewables eating up more and more of the existing market for coal, gas and nuclear. Coal emerges as the biggest loser in the long run. However, coal consumption was also up, growing for the first time since 2013. Coal’s share in primary energy in 2017 fell to 27.6%, the lowest since 2004.

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Sasol embarking on feasibility study on a US gas-to-liquids facility in Louisiana

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billion barrels of liquid fuels and chemicals from coal and natural gas. Sasol converts gas and coal into liquid fuels, fuel components and chemicals through proprietary Fischer-Tropsch (FT) processes. Gas to Liquids Life Cycle Assessment Synthesis Report (2004). Earlier post.)

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Devil in the Details: World Leaders Scramble To Salvage and Shape Copenhagens UNFCCC Climate Summit

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2 ] Rasmussen’s “one agreement, two steps” plan was quickly endorsed by US President Obama, as well as Australia’s Prime Minister Rudd and Russia’s President Medvedev, all of whom were present at the APEC summit. Australia is considered to be one of the most vulnerable developed nations to climate change.

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Perspective: Why Carbon Emissions Should Not Have Been the Focus of the UN Climate Change Summit and Why the 15th Conference of the Parties Should Have Focused on Technology Transfer

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Experts predict that by the year 2060 global warming, if left unchecked, could result in a temperature rise of seven degrees Fahrenheit higher than temperatures before the Industrial Revolution when man started widespread use of coal and other fossil fuels. The fact is, about half the world’s electricity comes from coal. Vonortas, N.