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Ukraine state oil and gas company signs $3.656B credit agreement with China Development Bank to finance substituting natural gas with coal

Green Car Congress

The Ukraine state oil and gas company Naftogaz signed a US$3.656-billion credit agreement with the state-owned China Development Bank to finance the program of substituting natural gas with locally produced coal. The program is aimed at improving Ukraine’s energy security and alleviating dependence on foreign natural gas.

Ukraine 236
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Study finds methane emissions from coal mines ~50% higher than previously thought

Green Car Congress

The amount of methane released into the atmosphere as a result of coal mining is likely approximately 50% higher than previously estimated, according to research presented at the recent annual meeting of the American Geophysical Union. The authors point out that less coal production doesn’t translate to less methane.

Coal 321
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Opinion: Ukraine’s Next Crisis? Economic [and energy] Disaster

Green Car Congress

Ukraine’s next crisis will be a devastatingly economic one, as violent conflict destroys critical infrastructure in the east and brings key industry to a halt, furthering weakening the energy sector by crippling coal-based electricity production. Key industry sources say they will potentially run out of coal in less than three weeks.

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How Russia Sent Ukraine Racing Into the “Energy Eurozone”

Cars That Think

Ukraine's grid held, even as Russia damaged substations, lines and generators—a remarkable and heroic (though largely unheralded) achievement. Tight coal and gas reserves continued to bite throughout the winter. Tight coal and gas reserves continued to bite throughout the winter. “We ius told IEEE Spectrum yesterday.

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EIA expects continued high prices for diesel and home heating oils

Green Car Congress

We expect notable decreases in electricity generation from natural gas and coal next year. Russia faces significant and expanding sanctions following its invasion of Ukraine, and we expect those sanctions will have far more impact on Russia’s energy production than the planned OPEC+ production cuts,” DeCarolis said.

Oil 334
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Rhodium Group estimates US GHG emissions rose 1.3% in 2022

Green Car Congress

Despite efforts to continue stimulating the US economy in the wake of the pandemic, high inflation put a damper on economic growth, which was exacerbated by a spike in oil prices as a result of Russia’s invasion of Ukraine. Consequently, the US economy grew 1.9% in 2022, down from a 5.7% GDP increase in 2021. compared to the previous year.

Emissions 273
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Tesla’s Robyn Denholm Warns: Australia May Not Be Lucky Forever

CleanTechnica EVs

Our mineral wealth helped us avoid the worst of the GFC and we are currently avoiding recession because of the high value of our coal and gas exports (sadly, as a result of the Russian invasion of Ukraine). Australia has long been known for being “the lucky country.” We are also likely to profit from […]