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Coal investments set to rise 10% this year as nations fret over energy security (US.BTU)


Global energy investment is on course to jump by more than 8% in 2022 and hit $2.4 trillion, with a notable uptick for coal supply chains, but far more money will be required if climate-related goals are to be met, according to the International Energy Agency. Published Wednesday, the latest version of the IEA’s World Energy Investment report said clean energy investment is set to exceed $1.4 trillion this year and account for “almost three-quarters of the growth in overall energy investment.”&nbsp

“Global coal supply investment is expected to grow by another 10% in 2022 as tight supply continues to attract new projects,” it said. “At over USD 80 billion, China and India are anticipated to make up the bulk of global coal investment in 2022.”


clean energy set for 1point4 trillion boost in iea says 2022

European Union to propose ban on Russian coal imports, sources say (US.BTU)


France’s President Emmanuel Macron, for instance, said Monday that the bloc should go ahead with sanctions against Russian oil and coal in the wake of these reports. The new set of measures will be discussed by European ambassadors Wednesday. Final approval of the sanctions won’t happen until after talks end, and the proposals could still change before the ambassadors meet.


european union could ban russian coal imports sources say 2022

04 042022

After 139 Years of Coal Mining, Peabody Expands (US.BTU) Into Solar


The St. Louis-based company is forming a joint venture with Riverstone Credit Parters and Summit Partners Credit Advisors to develop utility-scale solar projects on land around retired coal mines, according to a statement Tuesday.Peabody shares gained 10% to $19.09 at 10:25 a.m. in New York.


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