Archive for November, 2013

More News and Commentary

Adani’s project uneconomical?

Adani’s project uneconomical?

India- “U.S-based research firm IEEFA has raised the red flag on the Adani Group. The firm calls Adani Group’s $7 billion Australia project uneconomical. The firm has raised doubt over the group’s capability to complete project. Bloomberg TV India’s Amritha Pillay shares more details on the same.” Staff, Bloomberg TV India full article

November 27, 2013 Read More →
Doubts about Galilee Basin

Doubts about Galilee Basin

Sydney- “Greenpeace has released analysis that it says shows plans to develop one of the world’s biggest coalmines in Queensland’s Galilee Basin are in doubt because its proponent cannot afford it. Indian conglomerate Adani has too much debt, its main business is not turning a profit, and its planned Carmichael mine scheme is ‘uncommercial’, according […]

November 26, 2013 Read More →
Are Aurizon shareholders exposed to unacceptable risk?

Are Aurizon shareholders exposed to unacceptable risk?

ASHMORE, QUEENSLAND- “Retail investors should be wary of investing in Aurizon (ASX: AZJ) because it is exposed to the risk of a major coal project failing to eventuate. Aurizon has a $3 billion deal with GVK Hancock to buy a 51% interest in Hancock Infrastructure and construct a new rail network servicing Queensland’s Bowen and […]

November 25, 2013 Read More →
Press Release: Adani’s US$7bn Australian coal project unviable

Press Release: Adani’s US$7bn Australian coal project unviable

NEW REPORT: ADANI’S US$7bn AUSTRALIAN COAL PROJECT UNVIABLE SYDNEY, 26 November 2013: A new report released today by US-based Institute for Energy Economics and Financial Analysis (IEEFA) — Remote Prospects: A financial analysis of Adani’s coal gamble in Australia’s Galilee Basin — warns investors the controversial 60 million tonne per annum Carmichael coal mine and […]

November 25, 2013 Read More →
Report- Remote Prospects: A financial analysis of Adani’s coal gamble in Australia’s Galilee Basin

Report- Remote Prospects: A financial analysis of Adani’s coal gamble in Australia’s Galilee Basin

Remote Prospects: A financial analysis of Adani’s coal gamble in Australia’s Galilee Basin (PDF)

November 25, 2013 Read More →
Batavia residents speak out against electric rate increase

Batavia residents speak out against electric rate increase

BATAVIA- “Residents at Monday’s Batavia City Council meeting objected to a proposed increase in their electric bills. Batavia Public Works Director Gary Holm has told aldermen that additional revenues would be needed to account for increased purchase power costs and the depletion of rate stabilization reserves. Holm told aldermen that even though the city’s total […]

November 20, 2013 Read More →
Power Point: Presentation to Faith Community on Coal Divestment

Power Point: Presentation to Faith Community on Coal Divestment

Presentation to Faith Community on Coal Divestment, by Tom  Sanzillo, November, 14, 2013

November 14, 2013 Read More →
Power Point : Analysts Discuss Coal’s Role in India’s Energy and Economic Future

Power Point : Analysts Discuss Coal’s Role in India’s Energy and Economic Future

Analysts Discuss Coal’s Role in India’s Energy and Economic Future, New York Society of Security Analysts panel, presentations by Tim Buckley, Ashish Fernandes, and Tom Sanzillo, November 13, 2013

November 13, 2013 Read More →
Analysts Discuss Coal’s Role in India’s Energy and Economic Future at NYSSA Program

Analysts Discuss Coal’s Role in India’s Energy and Economic Future at NYSSA Program

On November 13, 2013, the New York Society of Security Analysts conference featured expert coal, finance, environmental, and renewables analysts exploring opportunities in India. View presentations from Coal’s Role in India’s Energy and Economic Future panel: Clean Energy Presentation, by Tim Buckley (PPT) Coal India: Running on Empty, by Ashish Fernandes (PPT) Risks to Coal […]

November 1, 2013 Read More →