Not only have critics called coal’s demise prematurely, but those investors who’ve ridden this unexpected wave have made a killing, writes davidaamckay.
With equities and bonds across the world in flux, one investment has stood out as the unlikely success story of 2022: dirty coal.
The cognitive dissonance couldn’t be more stark. Even as global climate commitments require countries to switch from coal to greener energy, the world is now having to burn coal at near-record levels to keep the lights on...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and TimesLive Premium.
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Dirty money: the future of coal in SAEven as global climate commitments require countries to switch from coal to greener energy, the world is now having to burn coal at near-record levels to keep the lights on, writes davidaamckay.
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Cyberthreats pose risks to food security in Africa - IT-OnlineWhen it comes to the digitisation of agriculture, countries across sub-Sahara Africa are at varying stages of technology adoption and transformation. But even though smart technology is increasingly used to make agriculture more efficient, there are risks when it comes to minimising human involvement and ignoring the potential of cyberattacks. This is even more so […]
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What Drives Al-Shabaab In SomaliaBefore 2008, Al-Shabaab was a small player within the larger Islamic Courts Union (ICU). The Union was an umbrella entity that emerged around 2003 to provide justice and security in Mogadishu in the absence of a formal state, writes Daisy Muibu for The Conversation. It transformed from a terrorist organisation, fighting Ethiopian occupation, to something of a de-facto state. It gained territory, eventually controlling most of southern Somalia. Al-Shabaab adapted and honed its ability to conduct attacks. It also established systems to tax businesses and the public, both inside and outside of the territory it controlled. The group began to provide an alternative justice structure based on a strict and harsh interpretation of Sharia (Islamic law) - though its understanding of Sharia was highly debatable. The group's nationalist stance against foreign troops in Somalia has been a theme throughout its evolution. After 15 years of conflict, Al-Shabaab remains a significant threat to stability in Somalia and its neighbours, like Kenya. Understanding its motives to expel foreign troops, implement its version of Sharia and defeat the government raises questions on how to end their insurgency.
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Dirty money: the future of coal in SAEven as global climate commitments require countries to switch from coal to greener energy, the world is now having to burn coal at near-record levels to keep the lights on, writes davidaamckay.
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CLYDE RUSSELL: Thermal coal boom may be over for SA as winter supply fears easeThe country was Europe’s second-largest supplier of coal for power plants in September
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