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Britain: 10 million pound loan to be offered to UK Coal for financing mine closures

UK Coal will receive a loan of 10 million pound from Britain government for closing its two deep mines over the next 18 months. There are 1,300 people working in the mines.

read more... 11/04/2014

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Poland: renewable energy bill approved by the government

A long-awaited draft law has been approved by Poland's government on Tuesday exhibiting new subsidies for renewable energy for a longer period, intending to reduce costs to consumers and aid the coal dependent country to reach EU climate targets.

read more... 09/04/2014

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German research criticize increasing CO2 emissions from coal plants

In 2013, the 30 largest power stations in Germany increased their emissions of carbon dioxide by 4.6% attaining 239 million tonnes, as stated on Wednesday in an analysis made by the Oeko-Institut research institute, criticizing low European carbon prices.

read more... 03/04/2014

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China: Coal consumption continues to grow

China is dealing with a big air quality problem, so recently the Government has announced that they will reduce their coal consumption share from its current 67 percent to 65 percent by 2017. The country intends to convert coal in syntethic gas, but this will result in more carbon dioxide emissions released because converting coal to make synthetic gas and then combusting the gas to make electricity will double the amount of carbon dioxide emissions released in the atmosphere.

read more... 31/03/2014

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Finland’s Kesko abandons Fennovoima nuclear consortium

Finnish retailer Kesko declared on Thursday it would give up the Fennovoima nuclear conglomerate, increasing worries over a project that is likely to engender confrontations in parliament between members of the ruling coalition, because of the ambiguity in the financial, contractual and timetable requirements.

read more... 28/03/2014

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