The Adaro Blog
Forget About Peak Oil - We Haven’t Even Reached Peak Coal Yet
August 3, 2021, 2:29 pm
Despite all the heavy dissemination of narratives and talking points about a “climate emergency” and the “energy transition” during 2021, the ongoing economic recovery from the COVID-19 pandemic proves that the world still heavily relies on fossil fuels to provide its...
If coal is dead, then why are ships so full of it?
July 27, 2021, 4:57 pm
Amid all the talk of global warming, climate change-induced catastrophes, decarbonization and green finance, the global trade in “dirty” coal is enjoying an ironic renaissance. Bulk ships are busy transporting coal to Asia — and to eco-conscious Europe — boosting freight...
China’s Heat Wave Is Pushing Coal Prices Toward Record Level
July 16, 2021, 3:10 pm
A heat wave across some of China’s biggest industrial provinces has pushed local electricity consumption to unprecedented levels, sending thermal coal futures toward record highs.
The power load in the eastern province of Zhejiang near Shanghai surpassed 100 million kilowatts per hour on...
Coal Hits A Three-Year High Despite China Trying To Control Prices
June 8, 2021, 11:43 am
Commodity prices buffeted by the Chinese government’s crackdown on speculative trading are reversing losses made earlier this week with coal leading the way up.
Thermal coal used to produce electricity rose above $100 a ton on Monday and was last trading at $106/t, the highest in three...
China's US coal imports jump 748% in Q4'20 amid Australian trade dispute
February 24, 2021, 9:47 am
China emerged as one of the top importers of U.S. coal in the fourth quarter of 2020 as the country banned Australian coal from entering its territories amid diplomatic tensions.
U.S. coal exports in the three-month period totaled 17.4 million tonnes, down 7.3% year over year but 25.1% higher...
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