South Korean power firms unable to project long-term coal losses amid 2040 phaseout push: report

Published on May 7, 2026

A think tank says state-run generators could not provide forecasts on coal plant utilisation, early closure costs or stranded asset risks beyond 2030 as Seoul pursues coal exit and utility restructuring plans.

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Illegal wildlife trade thrives on Facebook, report says

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Online sales of wildlife products from protected species are booming on Facebook. The platform hosted more than three-fourths of the 22,000 wild animals and their parts known to be sold online between April 2024 and March 2026, valued at US$65 million, according to a recent report.

Industry can dodge fuel shocks by electrifying. What’s the holdup?

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Steel and sweatshirts. Trucks and smartphones. Snickers and beer. The stuff in modern life requires huge amounts of dirty fossil fuel to make. And lately, that’s been a liability for industries battered by the global energy shocks of the 2020s . First, the Russian invasion of Ukraine in 2022 spiked liquefied…