In the news today…
Climate:
- The Washington Post and 4StateNews report the international climate conference’s “energy day” dawned with fresh efforts to block the flow of money to fossil fuel companies, as activists brushed aside arguments from corporate leaders of coal, oil and gas firms that they need to help meet the energy needs of consumers over the next three decades.
- Newsweek and The Washington Newsday report ExxonMobil is the world’s most obstructive company when it comes to climate policy, according to a new report.
- The New York Times reports more than 40 countries pledged to phase out coal, the dirtiest fossil fuel, in a deal announced Thursday at the United Nations climate summit that prompted Alok Sharma, the head of the conference, to proclaim “the end of coal is in sight.”
Minerals/Metals:
- Reuters reports the ambitions of COP26 would be impossible without mined materials like copper, aluminum, cobalt, lithium and nickel.
Coal:
- Argus reports US coal exports continued to rise from year-earlier levels in September even as one of the main exit points for thermal coal experienced extensive disruptions.
- Politico Pro reports Southern Co. announced yesterday that it will shutter roughly 55 percent of its coal fleet by the end of the decade as the company shifts to a net-zero electricity mix.