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If Peabody Is to Recover, It Must Close More Mines

The World’s Biggest Private-Sector Coal Company’s Current Turnaround Strategy Won’t Work

Peabody Energy, the largest private-sector coal-mining company in the world, is out with a dismal review today of its 2015 performance. The metrics unto themselves are damning, and Peabody’s plan for turning things around is even worse. In a report we’ve just published (with the Seattle-based Sightline Institute)—“Peabody’s Strategies for Survival Ignore Market Realities and Risks […]

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The Supreme Court Case on the EPA’s Clean Power Plan Is a Red Herring and

The Supreme Court Case on the EPA’s Clean Power Plan Is a Red Herring

Coal-Fired Electricity Generation Is on the Wane More Because of Market Forces Than Regulatory Action

The Supreme Court’s stay against enforcement of the EPA’s Clean Power Plan comes as a potential setback to the Obama administration’s initiative to curb pollution from coal-fired power plants. The court in its order yesterday is responding to opponents who had argued that, among other things, the EPA is being too tough on the coal-fired […]

Data Bite: Global Transition Occurring Faster Than Expected

Trends in the U.S., China, India and Australia

What does it say that Indian coal imports fell 28.6 percent year over year in January 2016 and U.S. coal production was down a record 32.4 percent? For one thing, it says that expectations that 2015 was the low point in the thermal coal cycle are already looking severely misplaced. January completes the largest three-month […]

February 10, 2016 Read More →
FirstEnergy’s Scheme to Protect Aging Power Plants in Ohio Will Cost Ratepayers $4 Billion

FirstEnergy’s Scheme to Protect Aging Power Plants in Ohio Will Cost Ratepayers $4 Billion

A Utility Company’s Subsidy Plan Ignores the New Energy Economy

We’ve published a report today that outlines in fresh detail how the proposed bailout of the Ohio utility giant FirstEnergy is a raw deal for ratepayers. Our report, “A $4 Billion Bailout in the Buckeye State,” concludes that the FirstEnergy scheme, if approved by the Pubic Utility Commission of Ohio, would cost ratepayers across northern […]

February 9, 2016 Read More →
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