Record trade surplus for Australia

Australia boasted its biggest trade surplus on record in December as surging commodity prices showered the resource-rich nation in cash, a windfall that could lessen the risk of a downgrade to its triple A credit ratings. Yesterday’s data from the Australian Bureau of Statistics showed ...

World Bank loans support high-carbon development in Indonesia: report

Despite their stated aim of boosting low-carbon growth, World Bank policy loans to countries like Indonesia are creating subsidies for coal, gas and oil projects, according to a report released today by the nonprofit Bank Information Center. At the same time, these policy programs undercut ...

Coal piles up as VN firms prefer imports

According to statistics from the General Customs Department, as of December 15 Viet Nam had imported a total 13 million tonnes of coal worth US$860 million during the year, more than four times the targeted 3 million tonnes. Why did coal purchases increase so sharply? ...

Will coal shares bounce back?

The strong increase in coal prices has rekindled hopes for Vietnam’s miners and securities investors after a period of disappointment. After eight years of decline, the coal price began recovering in early 2016. Analysts commented that the coal price has been witnessing the strongest recovery compared ...

Residents fear restart of coal power plant

A coal-fired power plant in southern Shan State that was shut down two years ago due to residents’ complaints may be reopening, despite the opposition of the local community, villagers say. They are already accusing local officials of breaking their promises. Test operations at the plant, ...

Safety at coal mines comes under scrutiny

Up to 15 serious labour safety violations at coal mines in northern Quang Ninh Province were reported in the first nine months of this year, leaving 18 people dead and injuring dozens more, Lao Dong newspaper reported. In August alone, there were five incidents, leaving six ...

Thermal power plants increasing on Hau River

Why are coal-run thermopower plants located on the Hau River? Why do the plants all use Chinese technology? Will there be another Formosa on the Hau River? These are questions raised by environmental experts about the appearance of many coal power plants believed to threaten the ...

Vietnam urged to use more renewable energy

Viet Nam should enhance clean and renewable energy resources as well as promoting energy saving, said Le Tuan Phong, deputy director of the General Directorate of Energy under the Ministry of Industry and Trade. Statistics from the agency showed that average energy demand in Viet Nam ...

Undermining China: towns sink after mines close

Deep in the coal heartlands of northern Shanxi province, people in Helin village are fighting a losing battle as the ground beneath them crumbles: patching up cracks, rebuilding walls and filling in sinkholes caused by decades of coal mining. Mines that burrowed under villages and towns ...

Authorities visit disputed coal power plant in Mon State

Authorities in Mon State for the first time visited a Thai cement factory where a coal power plant was built without informing locals or authorities, said local sources. The Mawlamyine Cement Limited factory officers said that they intended to use coal power if the government could ...

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