HomeAboutContactContributorsResourcesCorrespondenceNorthern Gateway pipelineOil sands pipelinesWhy bury coal?Climate change indexSubscribeBuryCoal.comKeep coal underground, along with unconventional oil and gasCoal subsidies continuingby Milan on June 25, 2019in Coal mining, Economics, Power plantsThe Guardian is reporting that G20 countries have tripled their subsidies for coal:The figures, published in a report by the Overseas Development Institute (ODI) and others, show that Japan is one of the biggest financial supporters of coal, despite the prime minister, Shinzo Abe, having said in September: “Climate change can be life-threatening to all generations … We must take more robust actions and reduce the use of fossil fuels.” The annual G20 meeting begins in Japan on Friday.China and India give the biggest subsidies to coal, with Japan third, followed by South Africa, South Korea, Indonesia and the US. While the UK frequently runs its own electricity grid without any coal power at all, a parliamentary report in June criticised the billions of pounds used to help to build fossil fuel power plants overseas.The material from the Overseas Development Institute being reported on is online: G20 coal subsidies: tracking government support to a fading industry. The executive summary explains: “G20 governments continue to support coal through US$27.6 billion in domestic and international public finance, US$15.4 billion in fiscal support, and US$20.9 billion in state-owned enterprise (SOE) investments per year across the G20. This includes support through a wide range of instruments to prop up coal production, coal-fired power production, and other consumption of coal and coal-fired power, as well as support which is justified as a means of facilitating the transition away from coal.”{ 0 comments }U.S. coal trendsby Milan on January 4, 2019in Economics, Power plantsThe Economist reports:[A]ccording to the Environmental Protection Agency (EPA) the amount of greenhouse gases emitted in America dropped by 2.7% in his first year of office. This was the biggest reduction anywhere in the rich world.Andrew Wheeler, the former coal lobbyist who now heads the EPA, has been quick to praise “President Trump’s regulatory reform agenda” for this. In fact, the decline has little to do with the president’s policies. America’s carbon dioxide emissions have been on a downward trajectory since 2007, mostly because power plants have been switching to cheaper, cleaner natural gas and away from Mr Trump’s beloved rock. According to the Energy Information Administration, a government agency, America guzzled nearly equal quantities of coal and natural gas in 2007. Today natural gas provides twice as much energy as coal. Energy from renewable sources, like wind and solar, now make up just over 10% of America’s energy consumption.Since 2010 nearly 40% of the country’s coal-generating capacity has either been shut down or designated for closure. This is mostly because