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Even As Europe Scrambles For Energy, Asia Appears Stable

Data has shown that Asia-Pacific's power supply is secure despite Europe's ongoing power crisis, largely because coal is still heavily used in the region. Power generators in Asia now have limited access to LNG as a result of the region's...

Energy Giants Back To Coal As Europe Prepares For Winter

As governments around Europe get ready for winter despite the energy crisis, energy company Orsted will continue or restart operations at three fossil fuel facilities after receiving a directive from Danish authorities to do so. The Danish state, Orsted's largest...

Britain Energy Problem Leads It To Repeal Its Fracking Ban

Following Russia's invasion of Ukraine, the U.K. government removed its ban on fracking on September 22nd, claiming the need to expand domestic energy supply. Ending the moratorium on mining the U.K.'s vast reserves of shale may see gas flowing...

Launch of Fossil Fuel Registry To Aid Tracking Stuck Assets

September 19 saw the official debut of the first global registry of oil and gas reserves, production, and emissions, according to Carbon Tracker and Global Energy Monitor, which includes information on more than 50,000 fields. In order to help investors better...

Australian Greens To Advise Closing State Coal Units By 2030

The Greens, a politically progressive group in Australia, want to present a measure that would shut down Victoria's three remaining coal facilities by 2030. The state's remaining coal plants would be forced to close sooner under the Energy Legislation...

Royalty Scheme Discourages Coal Investment In Indonesia

According to a report, Indonesia's new royalty plan, which imposes a 28% rate when coal's benchmark price exceeds $100 per tonne, is expected to discourage investment in expanding existing coal capacity. The government will now impose the higher royalty rates...

India Seeks A Tough Bill To Reduce Power Debt of $75 Billion

India is drafting legislation that would increase competition and reduce debt at its power distribution companies. However, it also runs the danger of inciting resentment in a nation where electricity is frequently exploited as a campaign tool. Key proposals, according...

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