In the news today…
Coal:
- E&E Greenwire reports Wyoming should continue to fight to enable more U.S. coal exports overseas, the state’s new governor said in a state of the state speech yesterday that also called for more spending restraint and better returns on state reserve funds.
- The Virginian-Pilot reports all three coal terminals in Hampton Roads saw double-digit increases in exports last year when compared to 2017, and the port exported nearly twice as many tons as two years ago.
Energy:
- Axios reports wind energy will be the largest source of new power capacity additions this year, while coal-fired power will keep fading but the losses will slow, according to an EIA snapshot yesterday.
World News:
- Axios reports China is poised to gain global leverage with its dominance in clean-energy technologies, while poorer, fossil fuel-dependent nations like Libya will likely be on the losing end in the world’s shift to cleaner energy.
- Forbes reports China has said it will not approve wind and solar power projects unless they can compete with coal power prices.