- Write by:
-
Saturday, October 27, 2018 - 11:14:00 AM
-
977 Visit
-
Print
Mining News Pro - Spain will close most of its coal mines by the end of the year after government and unions reached a deal that will see €250 million invested in mining regions over the next ten years, The Guardian reported today.
According to Mining News Pro - Spain will close most of its coal mines by the end of the year after government and unions reached a deal that will see €250 million invested in mining regions over the next ten years, The Guardian reported today.
Pedro Sánchez’s new administration reportedly moved quickly on environmental policy, killing a controversial solar industry “sunshine tax”, and announced a national climate plan will be launched in November.
The mining deal covers Spain’s privately-owned pits, and mixes early retirement plans for miners over 48, environmental restoration initiatives and re-skilling plans for green industries.
Over 1,000 miners and subcontractors will be out of work when 10 pits close by the end of 2018. Many of the sites were uneconomic, and the European Commission provided over €2 billion in aid to keep some of the sites open temporarily.
About 600 workers in Spain’s northern mining regions – Asturias, Aragón, and Castilla y León – will be able to benefit from social aid under the scheme, while approximately 60% of the miners may opt for early retirement.
Spain’s coal industry employed more than 100,000 miners in the 1960`s, but its energy dominance was eroded by cheap imports and the industry’s environmental, health and climate costs. National coal provides just 2.3% of Spain’s electricity, the Guardian reported.
In 2016, 23,000 early deaths in the EU were reported from coal-plant pollution.
Short Link:
https://www.miningnews.ir/En/News/288888
Anglo American Plc said it is has received an unsolicited non-binding combination proposal from BHP Group.
China’s state planner on Friday finalized a rule to set up a domestic coal production reserve system by 2027, aimed at ...
The world’s coal-fired power capacity grew 2% last year, its highest annual increase since 2016, driven by new builds in ...
Peabody Energy Corp. shares sunk to the lowest in seven months after the biggest US coal miner warned that first-quarter ...
Polish government is abandoning plans to separate coal-fired power plants into a special company and is considering ...
BMO Bank quietly dropped its policy restricting lending to the coal industry in late 2023, helping it avoid being ...
Researchers at the University of Edinburgh discovered that bacteria found in areas polluted by acid mine drainage had ...
BMO Bank quietly dropped its policy restricting lending to the coal industry in late 2023, helping it avoid being ...
Iron ore reversed direction after dropping to its lowest level in 10 months as optimism that the country’s economic ...
No comments have been posted yet ...