The Yangtze river is drying up at Beijing’s own doing

Currently, the Middle Kingdom is facing the most intense and longest heat wave, which has been going on for nearly 70 days, making it the longest in more than six decades. In July alone, the heatwave caused economic losses estimated at CNY 2.73 billion (USD 400 million) and affected 5.5 million people from the Sichuan […]

PKEE: We need just distribution of the costs of decarbonisation

The Joint Research Centre of the European Commission has on 31st July 2018 published its Report on the EU coal regions. The Report presents the current coal production levels in these regions, its consumption in power plants, jobs in coal mines and coal-fired power plants. Goals of the Report also include presenting a forecast concerning […]

Carlsson: Coal and energy storage? It makes no sense

Quitting combustion engines by raising the demand for coal will cause an additional problem. It makes no sense – said Peter Carlsson, CEO of Northvolt, a company that produces batteries for the needs of electromobility. Impact’18 conference was an opportunity to meet and talk.

Atlantic Council on our leak: it may put brakes on Nord Stream 2

The leaking of a 271-page report compiled by the European Commission’s Directorate-General for Competition, which describes violations of European legislation by the Russian gas monopoly Gazprom, recently became a sensation. It’s not, however, because the report reveals any previously unknown facts. It’s simply that these facts confirm that Russia is using gas as a political […]

Fitch: Russian oil sector under limited influence of Western sanctions

Most Russian oil producers restored 2017 profitability close to 2014 levels due to a price rebound, the smoothing impact of the oil production tax regime and the weaker rouble, Fitch Ratings says. Production cuts by Russian producers related to the OPEC+ agreement were marginal, so did not have an impact on profitability and cash flow […]

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