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Bad news for thermal coal producers, with the US Environmental Protection Agency on Friday proposing tough new climate regulations

Gavin Wendt

MineLife

Bad news for thermal coal producers, with the US Environmental Protection Agency on Friday proposing tough new climate regulations. The proposed new rules would virtually halt the construction of new coal-fired power plants and require all new plants to be equipped with hugely expensive carbon capture and storage (CCS) technology. This means more US coal seeking markets overseas and more competition for Australian coal.

Gavin Wendt
Gavin Wendt
Founding Director
MineLife

Gavin has been a senior resources analyst following the mining and energy sectors for the past 25 years, working with Intersuisse and Fat Prophets. He is also the Executive Director, Mining & Metals with Independent Investment Research (IIR).

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