The biggest U.S. gasoline price surge in years is running out of steam just in time for the start of the summer driving season.Energyread more
Stocks rose on Friday, but notched weekly losses as investors worried the U.S.-China trade war is hurting economic growth.US Marketsread more
The combination of mounting recession fears, bets on a more cautious Fed and a regular uptick in market volatility could spell more losses.Marketsread more
The therapy, Zolgensma, is a one-time treatment for spinal muscular atrophy — a muscle-wasting disease and leading genetic cause of infant mortality, affecting 1 in every...Biotech and Pharmaceuticalsread more
SpaceX has raised just over $1 billion in financing since the beginning of the year.Investing in Spaceread more
An analyst for Ark Invest, which has a major investment in Tesla, says recent drastic price-target cuts by others on Wall Street are missing the big picture.Investingread more
A federal judge in California has blocked President Donald Trump from building sections of his long-sought border wall with money secured under his declaration of a national...Politicsread more
Former Foreign Minister Boris Johnson is seen as the bookmaker's favorite to succeed outgoing Prime Minister Theresa May.Europe Politicsread more
The race is underway to find a vaccine that can control African swine fever, a highly contagious and deadly viral infection ravaging China's hog population. There is currently...Agricultureread more
Apple bought Tueo Health, which was developing tech to help parents monitor asthma symptoms in children, using a mobile app and commercial breathing sensors.Technologyread more
* China coal use up for 2nd straight year in absolute terms
* Coal's share of total energy consumption falls below 60 pct
* Biggest rise in CO2 emissions since at least 2013 - Greenpeace (Adds detail, background, Greenpeace comment)
BEIJING, Feb 28 (Reuters) - China's coal consumption rose for a second consecutive year in 2018, but coal's share of total energy consumption fell below 60 percent for the first time as cleaner energy sources gained ground, official data showed on Thursday.
The world's biggest coal consumer used 1 percent more coal in absolute terms last year than in 2017, China's National Bureau of Statistics said in its annual National Social and Economic Development communique. Coal consumption had risen for the first time in four years in 2017.
However, coal accounted for only 59 percent of China's overall energy consumption last year, down 1.4 percentage points from 2017, as China boosts the use of cleaner fuels such as natural gas and renewable energy.
That brings the world's biggest emitter of greenhouse gases closer to its target of reducing the proportion of coal in its energy mix to below 58 percent of total energy consumption by 2020.
The share of gas, nuclear power and renewable energy sources combined increased by 1.3 percentage points to 22.1 percent of the total in 2018, the bureau said.
"The good news is that renewable energy continued to grow rapidly in 2018, and new aggressive air pollution policies were introduced," Lauri Myllyvirta, an analyst at environmental group Greenpeace, said in a note.
However, a rapid increase in energy consumption driven by government stimulus policies and fast growth in residential electricity usage still resulted in the biggest increase in CO2 emissions since at least 2013, Myllyvirta added.
The bureau did not provide tonnage figures for the different energy categories but said China's total energy consumption rose by 3.3 percent year-on-year to 4.64 billion tonnes of standard coal equivalent last year.
Carbon dioxide emissions per 10,000 yuan ($1,497) worth of GDP, meanwhile, fell by 4 percent last year, the bureau said.
China is aiming to cap its carbon emissions by around 2030.
($1 = 6.6788 Chinese yuan renminbi) (Reporting by Tom Daly; editing by Richard Pullin)