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☆ Glencore-Led Group to Buy Teck’s Coal Business
▼ + stars: | 2023-11-14 | by ( Julie Steinberg | Ben Dummett | ) www.wsj.com time to read: 1 min

Swiss-based Glencore has been an outlier among major resources groups in sticking with coal. Photo: Jose Cendon/Bloomberg NewsCanadian miner Teck Resources said it is selling its coal assets to a group led by mining and trading giant Glencore in a deal that would cap a lengthy saga and be one of the biggest in mining this year. The transaction would value the business at around $9 billion. Under the terms of the deal, Switzerland-based Glencore will pay $6.93 billion for a 77% stake. Japan-based steelmaker Nippon will hold a 20% stake after converting existing holdings in some of Teck’s coal operations and paying cash, while South Korean steelmaker Posco will hold a 3% position after converting its holdings.

Persons: Jose Cendon Organizations: Bloomberg News, Resources, Nippon, South Locations: Switzerland, Japan

☆ Indonesia expected to maintain Oct trade surplus at $3 billion: Reuters poll
▼ + stars: | 2023-11-14 | by ( Reuters Staff | ) www.reuters.com time to read: +1 min

FILE PHOTO: A worker stands on a container at Tanjung Priok Port in Jakarta, Indonesia, January 11, 2021. REUTERS/Willy Kurniawan/File PhotoJAKARTA (Reuters) - Indonesia’s trade surplus is seen to narrow slightly in October to $3 billion from the previous month, as exports are still expected to weaken, a Reuters poll showed on Tuesday. The poll, conducted with 19 economists between Nov. 8 and Nov. 14, showed trade surplus of $3 billion last month, compared with $3.42 billion in September. The largest economy in Southeast Asia has seen its trade surplus weakening in recent months due to falling commodity prices and a global economic slowdown that hurts demand. Exports were seen contracting 15.35% in October, compared with a sharper drop of 16.17% in the previous month.

Persons: Willy Kurniawan Organizations: REUTERS Locations: Tanjung Priok Port, Jakarta, Indonesia, JAKARTA, Southeast Asia

☆ Climate Change’s Effects Are Worsening Across U.S., but Solutions Are in Reach
▼ + stars: | 2023-11-14 | by ( Raymond Zhong | More About Raymond Zhong | ) www.nytimes.com time to read: +1 min

The report issued Tuesday, the National Climate Assessment, is the government’s premier compilation of scientific knowledge on what this means for the country and how Americans are responding. The new assessment, the fifth of its kind, shows “how climate change is affecting us here, in the places where we live, both now and in the future,” she said. Human-driven warming is intensifying wildfires in the West, droughts in the Great Plains and heat waves coast to coast. It is causing hurricanes to strengthen more quickly in the Atlantic and loading storms of all kinds with more rain. So far this year, the nation has experienced a record 25 billion-dollar weather disasters, many of them exacerbated by the hotter climate.

Persons: ”, Katharine Hayhoe Organizations: Texas Tech University Locations: United States, West, Great

☆ Teck to sell majority stake in $8.9 bln coal business to Glencore - Globe & Mail
▼ + stars: | 2023-11-14 | by ( ) www.reuters.com time to read: +1 min

Glencore will pay $6.9 billion for a 77% stake in Teck's coal unit, while Japan's Nippon Steel (5401.T) will pay $1.7 billion and swap its interest in one of Teck's coal operations for 20% of the coal business, the report said, citing sources. The Wall Street Journal first reported that Glencore and Teck were in advanced talks on a deal that would value Teck's coal assets at close to $10 billion. Glencore and Nippon Steel declined to comment. The Vancouver-based company has twice rejected an unsolicited $22.5 billion bid for the entire company from Glencore. The company in July said it had received offers from "various" interested parties for its coal business.

Persons: Lyle Stafford, Glencore, Korea's, Teck, Posco, Shubhendu Deshmukh, Shubham, Sonia Cheema Organizations: REUTERS, Teck Resources, Glencore Plc, Asian, Nippon Steel, Globe & Mail, Japan's Nippon Steel, Street Journal, Reuters, Thomson Locations: Teck, Vancouver , British Columbia, Canada, KS, Glencore, The Vancouver, Bengaluru

☆ U.S. and China Agree to Displace Fossil Fuels by Ramping Up Renewables
▼ + stars: | 2023-11-14 | by ( Lisa Friedman | More About Lisa Friedman | ) www.nytimes.com time to read: +1 min

The United States and China, the world’s two largest climate polluters, have agreed to jointly tackle global warming by ramping up wind, solar and other renewable energy with the goal of displacing fossil fuels, the State Department said Tuesday. The announcement comes as President Biden prepares to meet Wednesday with President Xi Jinping of China for their first face-to-face discussion in a year. The statements of cooperation released separately by the United States and China do not include a promise by China to phase out its heavy use of coal, the dirtiest fossil fuel, or to stop permitting and building new coal plants. That has been a sticking point for the United States in months of discussions with Beijing on climate change. That appears to be the first time China has agreed to cut emissions in any part of its economy.

Persons: Biden, Xi Jinping Organizations: State Department, Hamas Locations: States, China, Taiwan, Ukraine, Israel, United States, Beijing

☆ National Climate Assessment: 5 takeaways on the US climate report
▼ + stars: | 2023-11-14 | by ( Ella Nilsen | ) edition.cnn.com time to read: +9 min

“Climate change is affecting every aspect of our lives,” Hayhoe told CNN. Here are five significant takeaways from the federal government’s sweeping climate report. Climate change doesn’t cause things like hurricanes or wildfires, but it can make them more intense or more frequent. And hotter and drier conditions from climate change can help vegetation and trees become tinderboxes, turning wildfires into megafires that spin out of control. But it’s not happening nearly fast enough to stabilize the planet’s warming or meet the United States’ international climate commitments, the report explains.

Persons: Katharine Hayhoe, ” Hayhoe, we’re, Rick Curtis, Hilary Swift, Joe Biden, ”, John Podesta, Ethan Swope, Biden, West Virginia –, Scott Brauer, Dave White, White, ” White Organizations: CNN, UN, Texas Tech University, New York Times, ” White, United States, Bloomberg, Getty, Arizona State University, Rockies Locations: Barre , Vermont, Maricopa County, Vermont, Maui, Gulf, Aguanga , California, California, Florida , Louisiana, Texas, Kentucky, West Virginia, rainstorms, China, India, Barnstable , Massachusetts, Southwest, California’s Sierra Nevada, West

☆ Europe primed for industrial reboot after key power price deals
▼ + stars: | 2023-11-14 | by ( Gavin Maguire | Thomson Reuters | Gavin Maguire Is The Global Energy Transition Columnist. He Was Previously Asia Commodities | ) www.reuters.com time to read: +6 min

LITTLETON, Colorado, Nov 14 (Reuters) - Mainland Europe's two largest economies have reached key power price deals this month that should set the stage for increased power consumption by industry from 2024 onwards. Higher power and industrial output will in turn likely generate higher total emissions, even amid ongoing efforts to deploy more clean energy throughout Europe's power systems. Both power deals aim to reduce costs and boost energy supplies to households and businesses next year, and will likely spur a rise in total power consumption across Europe following a rare contraction in Europe's power use so far in 2023. Power output from fossil fuels also dropped by around 10% through October, while power generation from clean sources rose by 3.6% to result in a 2.4% decline in Europe's total power generation through the first 10 months of the year. Europe's power generation and power sector emissions dip in 2023Europe's power emissions look set to rebound in 2024 if overall power output increases, as more generation from power plants fuelled by natural gas and coal will be needed alongside greater generation from renewable sources to ensure higher stable power supplies to consumers.

Persons: Gavin Maguire, Stephen Coates Organizations: EDF, FOCUS, Eurasia Group, Reuters, Thomson Locations: LITTLETON , Colorado, Germany, Ukraine, Europe, France, Eurasia

The London Stock Exchange Group offices are seen in the City of London, Britain, December 29, 2017. Following the data, yields on short-term UK Gilts, reflecting near-term interest rate expectations, slid, aiding a 7.0% surge in rate sensitive real estate investment trusts (.FTNMX351020). "It may well be due to potential sentiment coming ahead of tomorrow's UK CPI data, with the hope that it comes in lower as well," said Christopher Peters, trading floor manager at Accendo Markets. UK October CPI data, due on Wednesday, could throw further light on the outlook for domestic monetary policy. Reporting by Khushi Singh and Johan M Cherian in Bengaluru; Editing by Sherry Jacob-Phillips and Alex RichardsonOur Standards: The Thomson Reuters Trust Principles.

Persons: Toby Melville, Christopher Peters, Jefferies, Tim Clark, Khushi Singh, Johan M Cherian, Sherry Jacob, Phillips, Alex Richardson Organizations: London Stock Exchange Group, City of, REUTERS, Vodafone, Federal, tomorrow's, Accendo Markets, Investors, Entain, Royce, Emirates, Thomson Locations: City, City of London, Britain, Teck, U.S, Italy, Bengaluru

☆ What’s Worse for the Climate: Joe Manchin or No Manchin?
▼ + stars: | 2023-11-14 | by ( David Gelles | ) www.nytimes.com time to read: +1 min

Joe Manchin III, the Democratic senator from West Virginia, has been one of the Senate’s most consistent and strident defenders of fossil fuels — except for one crucial vote. That contradiction was on full display last week when Manchin announced he would not seek re-election. Manchin might even upend next year’s presidential race by running as an independent. But whatever happens in those future races, Manchin has already had an outsize role in shaping U.S. climate policy, in both directions. Manchin consistently blocked legislation that would have accelerated the transition from fossil fuels to wind, solar and other clean energy.

Persons: Joe Manchin III, Manchin Organizations: Democratic, Energy, Natural Resources Locations: West Virginia

☆ Morning Bid: Murky US inflation picture
▼ + stars: | 2023-11-14 | by ( ) www.reuters.com time to read: +6 min

According to consensus forecasts at least, U.S. headline inflation is expected to have retreated sharply again in October back toward midyear lows around 3.3%. But underlying 'core' inflation is expected to stay stickier at an unchanged annual rate of 4.1% last month and still more than twice the Fed's target. But the Fed may want to hang tough long enough into a slowing economy to ensure that inflation is squeezed back to its 2% goal. And perhaps the negative tilt on October core inflation going into today's release leaves more room for a positive surprise. The International Energy Agency on Tuesday raised its oil demand growth forecasts for this year and next despite the weakening economic picture.

Persons: Lucas Jackson, Mike Dolan, Goldman Sachs, Xi Jinping, Joe Biden, Biden, Xi, Shunichi Suzuki, Philip Jefferson, Loretta Mester, Austan Goolsbee, Michael Barr, Huw Pill, Christina Fincher Organizations: New York Stock Exchange, REUTERS, New, Bank of America's, Treasury, International Energy Agency, U.S, Economic Cooperation, Reuters, Bank of Japan, Japan's Finance, Home, Federal, Cleveland Fed, Chicago Fed, Banking, Housing, Urban Affairs, Bank of England, Thomson Locations: New York, U.S, California, San Francisco, Asia, China, Japan, Teck, United States

The National Climate Assessment, which comes out every four to five years, was released Tuesday with details that bring climate change's impacts down to a local level. Compared to earlier national assessments, this year’s uses far stronger language and “unequivocally” blames the burning of coal, oil and gas for climate change. In the Midwest, both extreme drought and flooding threaten crops and animal production, which can affect the global food supply. “Climate change is finally moving from an abstract future issue to a present, concrete, relevant issue. Five years ago, when the last assessment was issued, fewer people were experiencing climate change firsthand.

Persons: ”, Zeke Hausfather, Kim Cobb, “, of Colorado's Waleed Abdalati, Katharine Hayhoe, they'd, Hayhoe, there's, Colorado's Abdalati, Arati Prabhakar, Hausfather, Rob Jackson, ” ___ Borenstein, Webber, Seth Borenstein, Tammy Webber Organizations: Berkeley, midcentury, U.S ., Brown University, AP, of Colorado's, NASA, Nature Conservancy, Texas Tech University ., Associated Press, NORC, for Public Affairs Research, Colorado's, Biden, White, ” Stanford University, Twitter Locations: United States, Alaska, Great, Hawaii, U.S, U.S . Caribbean, Brown, America, Kensington , Maryland, Fenton , Michigan

☆ CPI Report Today: Futures Edge Up Ahead of Inflation Data
▼ + stars: | 2023-11-14 | by ( ) www.wsj.com time to read: +1 min

Economists surveyed by The Wall Street Journal expect annual CPI to have risen 3.3%, or 4.1% on a core basis. Ahead of that data, which will be scrutinized by investors for its implications for future interest-rate policy, stock futures ticked up early Tuesday. The yield on the benchmark 10-year note held steady after rising for two of the past three trading days. The 10-year yield declined. Glencore stock rose nearly 4% in London, while shares in U.S.-listed Teck advanced premarket.

Persons: Stocks Organizations: Wall, CPI, Nasdaq, Dow, Treasury, Consumer, Teck Resources Locations: Asia, Hong Kong, Tokyo, Europe, Stockholm, Teck, London, U.S

☆ China emissions could go into 'structural decline' next year - research
▼ + stars: | 2023-11-14 | by ( ) www.reuters.com time to read: +1 min

SINGAPORE, Nov 14 (Reuters) - China's greenhouse emissions could start going into "structural decline" as early as next year as power generation from fossil fuels starts to fall, analysis from the Helsinki-based Centre for Research on Energy and Clean Air (CREA) showed. However, CREA's lead analyst, Lauri Myllyvirta, said emissions could start to go into "structural decline" as early as 2024, despite an estimated rebound of 4.7% year on year in the third quarter of 2023. Factors such as record levels of new renewable installations, a rebound in hydropower generation and a moderate economic recovery that has not relied on infrastructural investment "all but guarantee" a decline in China's CO2 emissions next year, he said. "This would push fossil fuel use - and emissions - into an extended period of structural decline." Editing by Gerry DoyleOur Standards: The Thomson Reuters Trust Principles.

Persons: Xie Zhenhua, Lauri Myllyvirta, David Stanway, Gerry Doyle Organizations: Research, Energy, Clean, Carbon, Thomson Locations: SINGAPORE, Helsinki, Dubai

☆ Truck maker Scania to switch to zero-carbon steel by 2030
▼ + stars: | 2023-11-13 | by ( ) www.reuters.com time to read: +1 min

The sky reflects on the window of a Scania truck at the IAA Transportation fair, which will open its doors to the public on September 20, 2022, in Hanover, Germany, September 19, 2022. REUTERS/Fabian Bimmer Acquire Licensing RightsOSLO, Nov 13 (Reuters) - Swedish truck maker Scania will switch to using steel made without carbon emissions in its heavy-duty vehicles before the end of the decade, it said on Monday. "Scania's purpose is to drive the shift towards a sustainable transport system," CEO Christian Levin said in a statement, adding that the truck maker was taking action across its value chain to cut emissions. SSAB is investing heavily in new production methods to eliminate carbon dioxide emissions from its steel production, such as replacing traditional coking coal with zero-carbon electricity and hydrogen. The metal has the same quality and technical properties as traditional steel, including when recycled, according to SSAB.

Persons: Fabian Bimmer, Christian Levin, Terje Solsvik, Jonathan Oatis Organizations: IAA Transportation, REUTERS, Rights, Scania, Volkswagen's, Thomson Locations: Scania, Hanover, Germany, Rights OSLO, Swedish

☆ Rare earth finds could help revive coal industry, says CEO who just made a discovery worth billions
▼ + stars: | 2023-11-13 | by ( Spencer Kimball | ) www.cnbc.com time to read: +4 min

To put that in perspective, the U.S. consumed about 10,000 tons of rare earth elements annually over the past decade. Rare earths are used in advanced military technology, electric vehicles and other applications. Potential boon Atkins told CNBC on Monday that it is logical to think rare earths could be sitting undiscovered elsewhere in the U.S. "This might be something that will kind of awaken the thought that there might be different uses for coal," Atkins said. Ramaco last month started developing the Brook Mine, the first new rare earth mine in the U.S. since Mountain Pass Rare Earth Mine opened in California in 1952.

Persons: Randall Atkins, Atkins, CNBC's, It's, Ramaco Organizations: Ramaco, International, CNBC, Energy Information Agency, Exports Locations: Ramaco Resources, Wyoming, United States, Sheridan, U.S, California, China, Hamilton, Washington, Europe, Moscow, Ukraine

☆ Coal might be a solution to the rare-earths problem in the U.S., says Ramaco's Randall Atkins
▼ + stars: | 2023-11-13 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCoal might be a solution to the rare-earths problem in the U.S., says Ramaco's Randall AtkinsRandall Atkins, Ramaco chairman and CEO, joins 'The Exchange' to discuss a rare-earths discovery, what this discovery means for the U.S., and more.

Persons: Ramaco's Randall Atkins Randall Atkins, Ramaco Locations: U.S

☆ Amazon will buy solar energy from a repurposed coal mine in Maryland
▼ + stars: | 2023-11-13 | by ( Diana Olick | In Dianaolick | ) www.cnbc.com time to read: +3 min

Amazon will buy renewable energy from a solar project in Garrett County, Maryland, that is being built on a brownfield — the former site of a 120-year-old coal mine. Amazon will use the new facility to power its Amazon Web Services (AWS) data centers as well as fulfillment centers and physical stores. The former coal site, which had to be cleaned of toxins, is particularly attractive because it already has access to an energy interconnection and substations. Amazon is the largest corporate purchaser of renewable energy since 2020, according to the company. Turning the former coal site into a solar farm "is a metaphor for the energy transition," Sahlstrom added.

Persons: Nat Sahlstrom, Sean Finnerty, Finnerty, Amazon's Sahlstrom, Sahlstrom Organizations: Amazon, Web Services, Power Ventures, Renewable Energy, CPV Locations: Garrett County , Maryland, U.S, Maryland

☆ The Social Gospel movement is changing our politics and reshaping our perspectives
▼ + stars: | 2023-11-13 | by ( John Blake | ) edition.cnn.com time to read: +15 min

Fain’s sermonette underscores a trend that has largely gone unnoticed: The Social Gospel movement is making a comeback. Jemal Countess/Getty ImagesIt might sound like hyperbole to say that this resurgent form of the Social Gospel is changing our politics. He reached deep into the Social Gospel throughout the UAW strike, routinely deploying what one commentator called “strikingly Christian rhetoric.”Christopher H. Evans, author of “The Social Gospel in American Religion: A History,” said he heard the Social Gospel in Fain’s UAW speeches. “It (The Social Gospel) won’t have the institutional muscle it had before, but you could still have these voices and followers.”The climate in contemporary America seems ripe for the Social Gospel message. And the soaring optimism of old Social Gospel reformers may now seem as outdated as wobbly black-and-white silent films.

Persons: CNN —, Shawn Fain, Fain, ” Fain, Matthew, Jesus, ”, Moses, Paul, Stellantis, Fain’s sermonette, don’t, Frederic J . Brown, John D, Rockefeller, “, pulpits, didn’t, Charles Sheldon, Fain’s, that’s, Democratic Sen, Raphael Warnock, Cornel West, William Barber II, Liz Theoharis, Matthew Desmond, Martin Luther King, William Barber, Jemal Countess, ” Christopher H, Evans, Heath W, Carter, Luke, Sen, Warnock, Barber, Desmond, Amir Levy, it’s, ” It’s, you’re, ” Evans, Dom Helder Camara, Rebecca Cook, Reuters “ There’s, won’t, —, John Blake Organizations: CNN, Big Three, United Auto Workers, UAW, General Motors, Ford Motor Company, Chrysler, Writers Guild of America, UPS Teamsters, UPS, Getty, Democratic, US, Big Tech, Boston University, ” Mining, Library, “, Princeton Theological Seminary, Yale Divinity School‘s Center, Public Theology, Ivy League, The New York Times, Social, Reuters, Teamsters, Screen Actors Guild Locations: Jerusalem, America, Los Angeles, AFP, Washington, Kingston , Pennsylvania, Chicago, ”, American City, American, Lower Manhattan, New York City, Brazilian, Detroit

☆ World War Two veterans eye 80th anniversary of D-Day as Europe salutes war dead
▼ + stars: | 2023-11-12 | by ( Tim Hepher | ) www.reuters.com time to read: +4 min

"Thirty of us went out, 16 including my brother got back, five of us got captured and nine got killed," Hay said. He is now an active ambassador for the nearby British Normandy Memorial, overlooking Gold Beach in the UK sector. Until two years ago, Britain was alone among allies on the Western front in not having a dedicated Normandy memorial. The 30-million-pound ($37 million) memorial was financed by fines levied on banks by the British government, as well as private donations. In a forest near Regensburg, Germany, guns approached from the West and the German commanding officer accepted the war was over.

Persons: Ken Hay, Tim Hepher, Hay, Britain's King Charles III, Emmanuel Macron, Sacha Marsac, Thomas Hardwyre Milligan, Sidney Bates, VIII, I've, Kevin Liffey Organizations: Normandy, Juno, Royal International Air, REUTERS, Thomson Locations: Normandy, Fairford, Britain, France, Nazi, English, Essex, Gold, Ver, Mer, British, Hay, Czech Republic, Regensburg, Germany

Steam feeding into the Unit 3 turbine generator of the Vogtle nuclear power plant in Waynesboro, Ga. “The United States is now committed to trying to accelerate the deployment of nuclear energy,” John Kerry, President Biden’s climate envoy, said in September. One recent Pew survey found that 57 percent of Americans favor more nuclear plants, up from 43 percent in 2016. A NuScale engineer gave a tour of a control room simulator, modeling the company’s plans for new nuclear reactors, in 2013. “The demand for clean energy is almost unprecedented,” said Maria Korsnick, president of the Nuclear Energy Institute, an industry group.

Persons: Biden, ” John Kerry, Biden’s, “, ”, Jacopo Buongiorno, Jimmy Carter, Rosalyn Carter, Bruce Springsteen, Dan Reicher, Gavin Newsom, Reicher, Clinton, Jeffrey Collins, Arnie Gundersen, John Williams, “ It’s, Patty Durand, Julie Kozeracki, Kendrick Brinson, Jay Wileman, Bill Gates, Dow, Roger Blomquist, NuScale Power, Jose Reyes, Adam Stein, it’s, they’re, Ahmed Abdulla, Robert Taylor, Leah Nash, NuScale, David Schlissel, Joshua Freed, didn’t, Maria Korsnick Organizations: Unit, Republicans, Nuclear Regulatory Commission, Massachusetts Institute of Technology, Associated Press, Madison, Natural Resources Defense, California Gov, Democrat, Associated, Fairewinds Associates, Components, Workers, Georgia, Southern Company, Georgia Power, Georgia Public Service Commission, Energy Department, The New York Times, GE, Hitachi Nuclear Energy, Vogtle . Ontario, Tennessee Valley Authority, Argonne, National Laboratory, Energy, Nuclear Regulatory, NuScale, ”, Breakthrough Institute, Carleton University, Soaring, Institute for Energy Economics, United, Nuclear Energy Institute Locations: U.S, Waynesboro, Ga, Savannah, Georgia, United States, ”, Pennsylvania, Texas, Virginia, Jenkinsville, Vogtle, South Carolina, South, Canada, Tennessee, Argonne, Chicago, Idaho, Wyoming, California, Alaska, Maryland, Pueblo County, Colo

Drumnadrochit, Scotland CNN —It’s not the volume of water in Loch Ness that impresses, although that’s substantial. The "surgeon's photographs" of 1934 are the most famous images of the Loch Ness Monster -- although they were later exposed as a hoax. “It’s a really bizarre extended family of Loch Ness enthusiasts,” says McKenna, his love for the project glowing in every word. But, says McKenna, “Loch Ness is so fascinating that it can cause these mirages. Until then, the Loch Ness Exploration group meets monthly on the loch and is free and open to everyone — believers, sceptics and agnostics alike: details are on the public Facebook page.

Persons: Scotland CNN — It’s, ”, Alan McKenna, Jeff J Mitchell, you’ve, you’ll, Loch, it’ll, Hugh Gray, Aldie McKay, Saint Columba, Aleister Crowley’s, Jimmy Page, Adrian Shine, Rasputin, Santa, He’s, McKenna, Steve Feltham, who’s, “, Alistair Matheson, Aldie, We’re, Loch Ness, Russell Cheyne, Matheson, we’ve, Andy Buchanan Organizations: CNN, Scotland CNN, Edinburgh, Getty, Loch, Keystone, “, Reuters, Pacific . Locations: Drumnadrochit, Scotland, Loch Ness, guesthouses, Isle, Skye, Boleskine, Santa Claus, Edinburgh, Loch, ”, Pacific, AFP

Manchin never defended the remark but was criticized by West Virginia Republicans for what his party’s nominee said. By 2022, coal mining employees in West Virginia made up nearly 30% of all coal employees in the country. John Deskins, director of the West Virginia University Bureau of Business and Economic Research, said 75% of West Virginia’s coal jobs were disappearing before coal production dropped because of mechanization. West Virginia Democratic Party Chair Mike Pushkin said Trump never fulfilled his promise. He said the state Democratic Party was branded “anti-jobs and anti-coal” because of environmental policies coming from the national party.

Persons: Joe Manchin’s, Robert C, Byrd, Jennings Randolph, Jay Rockefeller, Manchin, Joe Biden's, Jim Justice, Donald Trump, Barack Obama, Trump, Hillary Clinton, John Deskins, ”, Mike Pushkin, “ Donald Trump, Robert Rupp, " Rupp, ” Rupp, Rupp, “, “ He’s, Biden, Jim Crow, William Hal Gorby, you’re, ” Manchin, Pat McGinley, ” McGinley, Democratic Sen, Mike Caputo, Kavish Harjai Organizations: U.S, Senate, West Virginia's, Democratic, Mountain State, Republican Gov, Biden, Senate Energy, Natural Resources Committee, West Virginia Republicans, West Virginia University, of Business, Economic Research, West Virginia Democratic, Democrats, Retired West Virginia Wesleyan, New, Democrat, Immigrants, Black, West Virginians, ” West Virginia University, Big Branch, Big, Mine Safety Administration, Massey Energy, West Virginia Democrats, United Mine Workers, America, Democratic Party, Press Locations: CHARLESTON, W.Va, Washington, Manchin, West Virginia, Kentucky, Virginia, West, Towns, Europe, ”, Randolph, Los Angeles

☆ New satellite will detect and share CO2 data from individual facilities
▼ + stars: | 2023-11-11 | by ( ) www.reuters.com time to read: +2 min

Companies GHGSat Inc FollowNov 11 (Reuters) - Canadian emissions monitoring company GHGSat on Saturday launched a satellite aimed at detecting carbon dioxide emissions from individual facilities like coal plants and steel mills from space for the first time. The satellite, named Vanguard, launched from Vandenberg Space Force Base in California, GHGSat said. Carbon dioxide accounts for nearly 80% of U.S. greenhouse gas emissions from human activities and tends to enter the atmosphere from large industrial sources like power plants. Satellites monitoring carbon dioxide in the atmosphere currently are not focused on facility-level emissions, GHGSat said. The data collected by Vanguard will help substantiate common practices of monitoring and measuring carbon dioxide emissions, according to Stephane Germain, CEO of Montreal-based GHGSat.

Persons: GHGSat, Stephane Germain, Germain, Nichola Groom, Rod Nickel Organizations: Saturday, Vanguard, Vandenberg Space Force, Thomson Locations: California, U.S, Montreal

☆ Joe Manchin wants to mobilize the middle of the country. What does that even look like?
▼ + stars: | 2023-11-11 | by ( Zachary Wolf | Analysis Zachary B. Wolf | ) edition.cnn.com time to read: +7 min

The idea that either party could pick up six Senate seats in a single election seems crazy today, when only a handful of seats are viewed as truly competitive. The country and West Virginia changed around ManchinJust before Manchin arrived in the Senate, there were two Democrats representing West Virginia and two Republicans representing Arizona. One person who is running to replace Manchin, West Virginia Gov. While they are on defense in key races across the country, Democrats’ two remotely plausible pickup opportunities, in Florida and Texas, are also states that went for Trump. Meanwhile, now that he’s not running for reelection, Manchin wants to take his brand on the road.

Persons: Sen, Joe Manchin, Manchin, There’s, there’s, Jim Justice, Donald Trump, Joe Biden, CNN’s Simone Pathe, Kyrsten Sinema, ”, What’s, codifying Roe, Wade, “, ” Manchin, He’s Organizations: CNN, Republicans, Senate, Republican, Democrats, Dakotas, West, Arizona, West Virginia Gov, Democratic, GOP, White House, Trump, Democratic Party, ’, The, House, Biden, White Locations: Kentucky, West Virginia, Massachusetts, Arkansas, Arizona, Manchin, Montana and Ohio, Pennsylvania, Wisconsin, In Arizona, Florida, Texas, Alabama, Georgia, New York, North Carolina, Washington, America

The capacity payments will be calculated based on fixed costs of 330 yuan ($45.25) per kilowatt per year for coal plants. Analysts said the move was important to ensure the financial viability of seldom-utilised, backup coal power, which is used for demand peaks or when renewable power generation is insufficient. However, observers also cautioned that the policy could risk entrenching inefficient coal power in China's energy system, despite its rapid expansion of renewable power generation capacity. "Capacity-based electricity pricing for coal power will further incentivise state-owned enterprises in China to build new coal power projects in the short term. Capacity payments should be for all power producers, not only for coal power," said Zhang Kai, deputy program director for Greenpeace East Asia in Beijing.

Persons: David Fishman, Xuewan Chen, Group's Fishman, Zhang Kai, Colleen Howe, Andrew Hayley, Edmund Klamann, Muralikumar Anantharaman, Kim Coghill Organizations: National Development, Reform Commission, Reuters, Analysts, Lantau, LSEG, Jinneng Holding, Power Co, Centre for Research, Energy, Clean, Greenpeace East, Thomson Locations: BEIJING, China, Shanghai, Beijing, Shanxi, Jiangxi Ganneng, Hunan, Greenpeace East Asia

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