Home Tag "Coal"

Billion gallons of water is saved by replacing coal with gas or renewable energy sources: Study

A research has found that the transition from coal to natural gas in the US electricity sector is reducing the industry’s water use. It is helping in saving water and contributing to reducing water scarcity. For every megawatt of electricity produced using natural gas instead of coal, the water withdrawn from rivers and groundwater drops […]

China provides $1 billion in ‘green’ finance to coal projects in first half of the year

SHANGHAI: Chinese financial institutions provided at least $1 billion in “green” financing to coal-related projects in the first half of this year, a review of financial data showed, with fossil fuels still playing a major role in Beijing’s energy strategy. According to Shanghai-based financial data provider Wind, 7.4 billion yuan ($1.1 billion) in green corporate […]