{"id":514473,"date":"2022-08-16T11:28:07","date_gmt":"2022-08-16T05:58:07","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=514473"},"modified":"2022-08-16T13:23:22","modified_gmt":"2022-08-16T07:53:22","slug":"coal-giants-are-making-mega-profits-as-climate-crisis-grips-the-world","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/coal-giants-are-making-mega-profits-as-climate-crisis-grips-the-world\/","title":{"rendered":"Coal giants are making mega profits as climate crisis grips the world"},"content":{"rendered":"<p>The globe is in the grips of a climate crisis as temperatures soar and rivers run dry, and yet it\u2019s never been a better time to make money by digging up coal.<\/p>\n<p>The energy-market shockwaves from Russia\u2019s invasion of Ukraine mean the world is only getting more dependent on the most-polluting fuel. And as demand expands and prices surge to all-time highs, that means blockbuster profits for the biggest coal producers.<\/p>\n<p>Commodities giant Glencore Plc reported core earnings from its coal unit surged almost 900 per cent to $8.9 billion in the first half \u2014 more than Starbucks Corp. or Nike Inc. made in an entire year. No. 1 producer Coal India Ltd.\u2019<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The globe is in the grips of a climate crisis as temperatures soar and rivers run dry, and yet it\u2019s never been a better time to make money by digging up coal. The energy-market shockwaves from Russia\u2019s invasion of Ukraine mean the world is only getting more dependent on the most-polluting fuel. And as demand expands and prices surge to all-time highs, that means blockbuster profits for the biggest coal producers. Commodities giant Glencore Plc reported core earnings from its coal unit surged almost 900 per cent to $8.9 billion in the first half \u2014 more than Starbucks Corp. or [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[175,146,130],"tags":[],"class_list":["post-514473","post","type-post","status-publish","format-standard","hentry","category-coal-deccan-herald-newspapers","category-deccan-herald-newspapers","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/514473","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=514473"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/514473\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=514473"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=514473"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=514473"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}