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Where Norway Leads on Coal Divestment, Others Will Follow

A Harbinger of Similar Action by Other Big Investors Around the World

It was a coal-divestment shot heard ’round the world yesterday when the finance committee of Norway’s parliament agreed in bipartisan fashion to have the country’s $900 billion public pension fund pull billions of dollars out of coal sector holdings. Of course the motion must still be put to the entire membership of the unicameral parliament […]

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How a ‘Clean Coal’ Myth Squandered Hundreds of Millions of Taxpayer Dollars Before It Was Finally Unmasked

How a ‘Clean Coal’ Myth Squandered Hundreds of Millions of Taxpayer Dollars Before It Was Finally Unmasked

FutureGen Is Now Properly Relegated to the Past

When the U.S. Department of Energy pulled the plug in February on a $1 billion subsidy to build FutureGen, a “clean coal” plant in Illinois, it put a merciful end to a twisted tale that had been unraveling for years. The coal industry peddled influence at high levels among both Democrats and Republicans to move […]

The Solar Boom Gathers in China, India, Japan …

The Solar Boom Gathers in China, India, Japan …

A Wave Driven by Improvements in Efficiency and Technology

The structural decline of thermal seaborne coal markets that we’ve written so much about over the past couple of years is all about a combination of two evidently unstoppable modern energy-market forces: Improvements in cost effectiveness of energy efficiency. Sustained advances in both the scale and the technology of renewable energy. One could arguably add […]

May 26, 2015 Read More →
Note to the D.C. Public Service Commission: An Exelon-Pepco Merger Would Damage Ratepayers

Note to the D.C. Public Service Commission: An Exelon-Pepco Merger Would Damage Ratepayers

A Dissent From Maryland Details the Harm That Would Result

In an under-publicized dissent last week, two members of the Maryland Public Service Commission described the proposed merger of Exelon Corp. and Pepco Holdings for what it is—a corporate windfall that heaps risk onto customers. Commissioners Harold D. Williams and Anne E. Hoskins, the dissenting voices in the commission’s 3-2 decision to approve the merger, summed […]

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