Coal news today

Here are some recent coal news updates:

Global Coal Market

• The global coal market is expected to decline by 2.5% in 2023 due to increasing competition from renewable energy sources and declining demand from power generation, according to a report by the International Energy Agency (IEA). (Source: Reuters)
• The World Coal Association (WCA) has announced that global coal production is expected to decline by 1.4% in 2023, driven by declining demand from power generation and increasing competition from renewable energy sources. (Source: WCA)

US Coal Industry

• The US coal industry is expected to continue its decline in 2023, with production forecast to fall by 12% to 574 million tons, according to the Energy Information Administration (EIA). (Source: EIA)
• The US coal mining industry has lost over 100,000 jobs since 2011, with many mines closing due to declining demand and increasing competition from natural gas and renewable energy sources. (Source: Bloomberg)

Coal-Fired Power Plants

• The US Environmental Protection Agency (EPA) has announced plans to propose new rules to reduce emissions from coal-fired power plants, which are expected to be finalized in 2023. (Source: EPA)
• The European Union has announced plans to phase out coal-fired power plants by 2030, as part of its efforts to reduce greenhouse gas emissions and meet its climate goals. (Source: EU)

Coal Mining Accidents

• A coal mining accident in China has killed at least 22 people and injured several others, highlighting the ongoing risks and challenges faced by the coal mining industry. (Source: BBC)
• A coal mine explosion in India has killed at least 15 people and injured several others, highlighting the need for improved safety measures in the country's coal mining industry. (Source: Al Jazeera)

Coal and Climate Change

• The Intergovernmental Panel on Climate Change (IPCC) has warned that the continued use of coal and other fossil fuels will have devastating consequences for the planet, including rising sea levels, more frequent natural disasters, and increased risk of droughts and floods. (Source: IPCC)
• The European Union has announced plans to impose a carbon border tax on imports of coal and other fossil fuels, in an effort to reduce greenhouse gas emissions and meet its climate goals. (Source: EU)