The UK government is moving to remove a ban on the opening and licensing of new coal mines from one of its major net zero laws. On Tuesday, the government said that a complete ban on new coal mines “isn’t appropriate” and will oppose an amendment that was added to the Energy Security Bill, now…
Glencore Mints Record Earnings from High Energy Prices
Glencore, one of the largest diversified natural resources companies in the world, announced record earnings in the first half of 2022. “Elevated energy market dislocation, volatility, risk and supply disruption, led to record prices for many coal and gas benchmarks and physical premia, underpinning a $10.3 billion increase in group-adjusted EBITDA to $18.9 billion,” Glencore…
Coal’s Big Comeback
Commentary The big winner in the rightly decided West Virginia v. EPA Supreme Court decision announced last week was … made-in-America coal. This decision will rein in the strategy of unelected zealots running regulatory agencies who wish to shut down energy sources like natural gas and coal without congressional approval. The left hates coal, and…
Coal Report on Albertans’ Views to Be Delayed One Month, Panel Chairman Says
A report detailing how Albertans feel about open-pit coal mining in the Rockies will be delayed by a month, says the head of the committee preparing the document. Ron Wallace said the report, the first of two his panel is expected to generate, will now be delivered to Energy Minister Sonya Savage by Nov. 15….
Workers Lament Alberta’s Troubled Resource Sector
The new year has brought more woes for Alberta’s resource sector already hit with low oil prices and fleeing investments before the U.S. announcement of the Keystone XL pipeline cancellation. Forty-one-year-old Albertan Ryan Telford, who has worked in the oil and gas sector since he was 17, says that from his experience and knowledge of…
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