Colombian coal shipments to Asia are about to reach a record high of 2.3 Mt in June. Kpler data shows that coal exports to Asian destinations have been on the rise since January 2023. In June, 0.9 Mt of Colombian coal were already shipped to Asia, compared to 1.3 Mt in May. With a Columbia-East…
Civilization as we know it wouldn’t exist without rare earth elements. No smartphones, LEDs, wind turbines, or even car batteries. REEs, such as cerium and scandium, are scattered throughout the earth’s crust. China alone produces nearly 90 percent of the world’s supply, and the U.S.’s only mine closed this year. But researchers could help break that…
Warren Buffett-backed Occidental Petroleum is predicting an oil supply shortage by 2025 due to global failure to replace crude reserves at a fast enough pace. “We’re in a situation now where in a couple of years’ time we’re going to be very short on supply,” Occidental CEO Vicki Hollub told CNBC at the Smead Investor…
Having independently resumed operations of its major maritime ports on the Black Sea, Ukraine is forecast to increase grain exports for the remainder of the 2023-24 marketing year, according to a report from the Foreign Agricultural Service (FAS) of the US Department of Agriculture. FAS’ Global Agricultural Information Network shows that, after an initial dip…
A total switch to renewable energy is going to wreak havoc on job markets in the United States. In some places, this will be a great thing – huge numbers of well paid, steady skilled and unskilled jobs will pop up in communities close to utility-scale solar and wind farms, for example. But in other…
Industries such as steel, cement, and heavy transport account for some one-third of global greenhouse gas emissions (GHG), rendering breakthrough zero-carbon industrial products one of the most valuable assets of the world’s climate change portfolio. Heavy carbon emitting manufacturers all over the world are making the switch to cleaner industrial processes such as low-carbon electricity…