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9

MAY / JUNE Issue

workforce layoffs and economic stress.

Many sectors of the economy have

faced downward pressure and the coal

industry was already in steep decline

before the pandemic hit. This leaves coal

plant workers and frontline communities

especially vulnerable not only to health

risks that come with sustained exposure

to air pollution but also to the economic

devastation occurring across the

country.”

– David Smedick, Sierrra Club.

“Wewill not achieveour

global warming targets

by simply reducing

our emissions.

To limit

global warming, we will

need to capture CO2

from the air and store it

indefinitely. With the right

materials, we can use existing mining

technologies to do this at the scale of

potentially billions of tonnes of CO2 per

year. By reducing just 10 percent of a

mine’s tailings we could offset the annual

carbon emissions produced by a mining

operation. Researchers and mining

companies are developing technologies

that can accelerate these natural

processes and be scaled-up to capture

CO2 emissions from mining operations.”

– Greg Dipple, professor, Dept. of Earth,

Ocean and Atmospheric Sciences,

University of British Columbia

.

“The Gibbons Creek coal plant in

Texas is coming back into service

this summer to provide essential

dispatchable power when it’s needed

most.

The plant was mothballed in 2018,

but new owners are bringing it back

online to help meet soaring summer

demand. The plant’s return to service

underscores two essential realities: Coal

generation remains vital to grid reliability

and, conversely, current market structure

isn’t providing the right signals to keep

essential plants like Gibbons Creek

from being pushed off the grid in the first

place.”

– Count on Coal.

“The financial fallout from the

COVID-19

crisis

continues

to

reverberate through the coal sector.

In

Poland, the Minister for State Assets has

floated the prospect that government-

owned thermal coal companies will

be merged and production capacity

curtailed. In India, the government is

seeking to bail out power generation and

distribution companies while pushing

utilities to switch to using coal from the

every-growing domestic stockpiles.

These moves come as new COVID-19

outbreaks have been reported at coal

mines in the Czech Republic and the

Philippines.”

– (Bob Burton, CoalWire)

“The US and China are set to be the

biggest markets for energy storage

in terms of installations

and installed

capacity. South Korea, Germany and

Japan remain in the top five. Strong

progress is forecast across residential,

commercial and industrial and grid-scale

applications. High electricity prices,

declining feed-in tariffs, increasing

grid demand charges and declining

technology and project costs all mean

that energy storage is becoming a much

more attractive proposition for consumers

from households to heavy industry.”

–Frost & Sullivan report.

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