Pope Francis is set to weigh in on the climate change debate in what has already caused a considerable buzz in the media, by equal measure prompting cheers from the green lobby and irritation among climate skeptics, even before the message has been released.
Archive for the ‘coal’ Category
By Frank Watson | May 22, 2015 06:00 AM Comments (1)
By Michael Cooper | April 24, 2015 12:01 AM Comments (1)
Ever had a house guest who has outstayed their welcome? It could be a family member, old school friend or acquaintance who has taken up residence in your house for longer than expected. They said they would stay only for a few days, then a week goes by and you begin to get impatient and frustrated. Politeness and your good manners keep you from broaching the subject of their stay. What to do?
By News Desk | April 23, 2015 05:03 PM Comments (0)
Thursday is not the final day of IHS CERAWeek, but it is the final day focused on a particular commodity. It’s also Platts’ final day at CERAWeek this year. Thursday’s focus on electric power allows for a wide variety of topics, though, from coal to actual power generation to natural gas and everything in between.
We had two editors roaming the sessions Thursday, one to focus on coal and one to focus on electric power. Some of what we heard was shared from @PlattsPower, although @PlattsCoal, @PlattsGas and @PlattsOil also got some fodder from various officials sharing their plans. Just as a good power ballad has to come to an end, our coverage of this year’s CERAWeek is ending, and here are some thoughts from our editors about Thursday’s events.
By Sebastian Lewis | April 16, 2015 02:35 PM Comments (0)
What’s in a number? Quite a lot when it comes to Chinese GDP.
Especially when it’s 7%, which was the real growth rate of the Chinese economy in the first quarter of 2015, compared to the first quarter of last year, according to the Chinese National Bureau of Statistics, who released this much-awaited data point on April 15.
By Deepak Kannan | March 27, 2015 01:15 PM Comments (0)
If you are a coal producer focused on the Chinese market, I am sure you will be scratching your head thinking about the future. Ever since China started imposing restrictions on imports, suppliers have gone on a wild hunt for buyers.
By Ross McCracken | March 25, 2015 01:01 AM Comments (4)
The coal industry is in crisis. It has failed to recognize the structural shift in power generation driven by regulation rather than price and has missed the window of opportunity to invest in clean coal technologies. Now it faces a slow King Canute style demise, as elaborated by Ross McCracken, managing editor of Platts Energy Economist.
By Frank Watson | March 16, 2015 12:00 PM Comments (0)
What happens when an irresistible force meets an immovable object? One answer to this paradox is “nothing” since irresistible forces and immovable objects can’t co-exist. At least not in the real world.
But what happens when the irresistible force is the political will of the European Union to reform its carbon market ahead of global climate talks later this year, and the immovable object is a group of EU member states who are resolutely opposed to higher carbon prices?
By Tamsin Carlisle | January 21, 2015 06:03 PM Comments (1)
Egypt has set development and reform of its energy sector as a key priority as it seeks to rebuild its economy following the country’s second revolution in the past few years, the country’s president, Abdel-Fattah el-Sisi, said January 19 during his first official visit to the UAE in that role.
During his keynote address to the World Future Energy Summit in Abu Dhabi, Sisi also said he considered the security of the Persian Gulf region to be “part and parcel of Egyptian security.” The annual Abu Dhabi WFES gathering, while primarily a UAE forum for promoting and discussing regional and international renewable energy development, has also developed a significant political agenda.
By Tom Balcerek | November 20, 2014 03:57 PM Comments (2)
The initiation of the “Carnegie Way transformation journey” by US Steel last year must have given its employees pause. Andrew Carnegie was a notorious cost-cutter who valued efficiency above all else.
But the huge American steelmaker recently opened another avenue of the Carnegie Way, a corporate realignment featuring “customer-centric” strategies.
This might seem like a given, but in the steel industry a variety of factors can strain relations with customers, so sometimes it’s not easy.
By John Kingston | November 18, 2014 12:07 PM Comments (0)
Not every price in the energy complex is dropping.
According to an index created by Cowen & Co., the producer price index for frac sand rose 1% in October, following a 1% gain in September. At the end of October, it was at its highest level since the end of 2012.