Coal

CoalESG

Poland’s plan to extend coal mine’s life could cost it EU climate funds

By Kate Abnett BRUSSELS, May 3 (Reuters) - Poland's plan to extend the life of a coal mine in Turow until 2044 could mean the region will not get access to the European Union's flagship green transition fund, the European Commission said on Monday. The EU's "Just Transition Fund" is a 17.5-billion euro slice of the bloc's budget and COVID-19 recovery fund, set aside to help regions wind down fossil fuel industries and replace them with green enterprises and jobs. The aim is to protect communities most affected as the...
AustraliaCoal

Australian state approves extension of GFG coal mine

MELBOURNE, April 23 (Reuters) - An Australian state planner has approved the expansion of a metallurgical coal mine in New South Wales run by a unit of cash-strapped industrialist Sanjeev Gupta's GFG Alliance. Planning body IPC said Thursday's consent to develop an extension to the Tahmoor coal mine, 66 km (41 miles) southwest of Sydney, carried additional environmental and social conditions. "This is a positive outcome," said a GFG spokesman, who welcomed the move as reaffirmation of the importance of high-quality metallurgical coal in Australian manufacturing. "We will now take...
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