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'Managed decline': Market Forces appeals for Whitehaven coal exit

September 22, 2020

A green group will next month ask Whitehaven Coal investors to force the company to plan to wind up their coal business. Market Forces Campaigner Will van de Pol said the coal company had a business model "reliant on the failure of the Paris...

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Union boss and environmentalist bury the hatchet in the Hunter

September 21, 2020

In the bruised days after Labor’s shock national election defeat last May, union boss Steve Murphy, a Maitland boy, thought long and hard about what went wrong – and came to a very different conclusion than the Hunter Valley’s most prominent ALP figure, Joel...

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Cycle surfing miners lose their religion

September 14, 2020

If there is a religion in the mining industry, it is the unshakeable faith in the cyclical nature of commodity prices. But recent evidence suggests very few resources companies are willing to make the bold, countercyclical investments that the industry prides itself on.

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Renewables could power coal-fired stations

September 08, 2020

Coal-fired power stations could be converted to entirely fossil-fuel-free generators thanks to a solution developed by Australian engineers. The University of Newcastle has patented new thermal storage material housed in stackable blocks like Lego.

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AGL forges ahead of Morrison government on Liddell coal plant shutdown

August 21, 2020

Australia's largest energy generator, AGL, has announced the first concrete steps in shutting down its Liddell coal-fired power station in the NSW Hunter Valley, pre-empting the findings of a government taskforce examining options including extending the plant's operating life.

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AGL plans to build grid-scale battery at Liddell Power Station site

August 17, 2020

Energy giant AGL plans to build a grid-scale battery at Liddell Power Station in Muswellbrook. The company has lodged a scoping report with the NSW Department of Planning, Industry and Environment (DPIE) for a grid-scale battery system to be located on the site, alongside...

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New study offers roadmap for coal phase-out

July 28, 2020

Coal will need to be phased out of the world's economy to meet the climate change challenge, but this can work properly only if social objectives and local stakeholders are involved in the process, an international group of researchers argue in a paper published...

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Why world's coal regions hold the key to renewable future

July 28, 2020

Australian and European coalmining regions have a lot in common, long histories, resilience and sense of identity. By utilising these strengths, communities in coalmining areas can not only survive, but thrive in the renewable energy and zero carbon industry revolution that is already well...

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Top super fund dumps coal miners as emissions cuts intensify

July 09, 2020

Australia's second-largest superannuation fund is preparing to dump its shares in companies that derive more than 10 per cent of their revenue from thermal coal mining as it embarks on the most aggressive immediate climate push of any large local investor.

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Why are corporate giants pulling out of thermal coal?

June 04, 2020

IEEFA: Fiduciary duty is driving financial change. A striking development has occurred in the world of corporate finance. The past few months have seen a string of corporations divest from thermal coal, starting with US investment giant BlackRock and extending to Japan’s Mizuho and the Norwegian...

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Hunter 2050 Foundation to drive economic diversification agenda for the Hunter

May 29, 2020

This is exciting news for the Hunter! The Hunter Joint Organisation, with project partner AGL, is moving ahead with plans to form The Hunter 2050 Foundation, and organisation dedicated to guiding the economic diversification and transformation of the Hunter Valley.  

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Coal's price collapse threatens Australian mines

May 11, 2020

Almost 60 per cent of the world's thermal coal and more than 30 per cent of Australian thermal coal is unprofitable at current prices, creating a horror backdrop for the long list of miners and ports seeking to refinance debt this winter.

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