A new report released by Deutsche Bank says the global coal market faces a combined threat of steadily growing supply and a levelling-off or decline in demand. A threat, it says, that should guide rational decision-making to delay all major expansion. But will governments really act rationally?
Tag: "coal-seam gas"
It might seem ironic, but environmentalists and farmers fighting the expansion of coal mining and coal seam gas across Australia are the only thing likely to moderate the rude economic awakening we face when the global carbon bubble bursts and the fossil fuel industries start their inevitable, terminal decline.
Four Corners reveals Qld CSG projects were rushed through without proper oversight. Plus: Global warming pioneer James Hansen quitting NASA.
In a study for the Post Carbon Institute, geologist David Hughes concludes that conserving, not fracking, is key to US energy independence.
Burke rubber stamps controversial new mines for NSW; SP AusNet told to cut smart meter charges; LCA teams with Wiley; global PV capacity tops 100GW.
AGL’s plan to drill around 66 coal-seam gas wells in Sydney. Plus: new CSG methane leakage claims; NSW power generation asset sale green-lighted.
A recent study by climate specialist Tom Wigley has challenged the gas industry’s promotion of the fossil fuel as a panacea for greenhouse gas emissions.
Gas industry attacks research – and scientists – after triple the normal levels of methane found at Australian coal seam gas fields.
The federal government’s draft energy paper fails to factor in the cost of externalities, mainly health related, from fossil fuel mining and combustion.