Coal
in sentence
1278 examples of Coal in a sentence
But, unlike Japan, which remained in denial over this problem for close to a decade, Chinese authorities have moved relatively quickly to rein in excesses in two key industries – steel and
coal
– while hinting of more to come in cement, glass, and shipbuilding.
That will exacerbate inequality over the long term;Trump’s
coal
mines and trade tariffs are at best band-aids on a bullet wound.
Last year, in the Australian state of New South Wales, the Independent Commission Against Corruption investigated former Labor ministers Eddie Obeid and Ian Macdonald for conspiring to defraud the state over the issuance of multi-million-dollar licenses for
coal
exploration and mining.
Following the landmark decision, the government has canceled 214 of the
coal
block allocations – and has fined several companies that have already begun production.
For its part, Indonesia is set to revoke the contracts of 17
coal
producers that failed to pay government royalties.
Likewise, China’s ongoing anti-corruption drive – the largest in its modern history – has begun to focus on the
coal
industry.
As Gao Qinrong, a former journalist from Shanxi, recently described the province, “It has coal;
coal
brought money; that brought corruption.”
These stories highlight a simple truth: Where the
coal
industry operates, bribery and venality are likely to be rampant.
Multilateral lenders can lead by example by restricting conditions for public financing of coal, the most damaging fossil fuel, and by pressing for greater transparency in reporting on emissions.
Ominously, the Earth’s temperature is now higher than during the Holocene, owing to the carbon dioxide that humanity has emitted into the atmosphere by burning coal, oil, and gas, and by indiscriminately turning the world’s forests and grasslands into farms and pastures.
To achieve the Paris agreement’s goal of limiting warming to “well below 2ºC” relative to the pre-industrial level, the world needs to shift decisively from coal, oil, and gas to renewable energy by around 2050, and from deforestation to reforestation and restoration of degraded lands.
Right now, rich countries are changing the world’s climate by emitting billions of tons of carbon dioxide each year from the use of coal, oil, and natural gas.
Similarly, engineers have developed ways to capture the carbon dioxide that results from burning
coal
in power plants and store it safely underground.
As China seeks to keep its economic engine running, dams and hyrdopower do represent a cleaner alternative to
coal.
But Steyer’s own hedge fund, it soon emerged, had financed an Australian
coal
mine that is projected to produce hundreds of millions of tons of CO2 emissions over the next three decades.
Steyer has since left the hedge fund and sold his
coal
interests, though it was unclear until recently whether he was still benefiting from his investments.
Similarly, while the world will be better off when the last
coal
mine is closed, many people will suffer disproportionately in the process.
To be sure,
coal
and oil companies would suffer, and big polluting countries – like the US – would obviously pay a higher price than those with a less profligate lifestyle.
Yet July will bring the 60th anniversary of the ratification of the Treaty of Paris, which established the European
Coal
and Steel Community (ECSC) among France, Germany, Italy, Belgium, the Netherlands, and Luxembourg only six years after the end of World War II.
Schuman proposed putting Franco-German
coal
and steel production under a common High Authority, thereby preventing the two sides from using the raw materials of war against each other, and powering a common industrial economy.
Imagine an America or Europe still stuck in the 1950s, with economies dependent on
coal
and steel, and textiles, and with no competition from cheaper producers in Asia and elsewhere, and the danger becomes obvious.
The first moment when decisive French leadership began to unify Europe came when Robert Schuman and Konrad Adenauer created the European
Coal
and Steel Community.
“My administration is putting an end to the war on coal,” Trump declared while signing the order.
Trump went on to promise that he would deliver “clean coal, really clean coal.”
But “clean coal” is an oxymoron.
At best, we can aspire to cleaner coal, by implementing costly measures whose effectiveness is still debated among environmental experts.
In any case, Trump’s policies are not likely to reverse the steady decline in US
coal
production.
And in the laxer regulatory environment Trump favors, so-called clean
coal
has no chance of competing with conventional
coal.
From a business standpoint, “clean coal” is viable only with the right incentives, not least a price on carbon.
Moreover, the US
coal
industry will continue to lose out to another industry that Trump supports: shale-gas production.
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