Archive for March, 2015

More News and Commentary

Renewable-Energy Trade Groups See Solar and Wind as Path to State-by-State EPA Compliance

Renewable-Energy Trade Groups See Solar and Wind as Path to State-by-State EPA Compliance

SNL has an article this week by Michael Copley that documents how trade groups representing the renewable-energy industry are working state by state to show policymakers how solar and wind can help comply with impending new EPA pollution regulations. Copley notes that the agency’s Clean Power Plan aims to cut emissions by 19.2 percent in […]

March 31, 2015 Read More →
Deepening Glut Puts Appalachian Coal Producers on Life Support

Deepening Glut Puts Appalachian Coal Producers on Life Support

Bloomberg News has a story this morning explaining how Appalachian coal producers are struggling to survive in a market hampered by low prices and enormous glut. The article, by Mario Parker, notes that a 33 percent drop in prices over the past four years has made coal-mining unprofitable in the region, and the producers are […]

March 31, 2015 Read More →
Hermann, Mo., Mayor: ‘Nobody With an IQ Above Their Shoe Size’ Believes Prairie State Is Viable

Hermann, Mo., Mayor: ‘Nobody With an IQ Above Their Shoe Size’ Believes Prairie State Is Viable

The St. Louis Post-Dispatch picks up the latest Prairie State Energy Campus story in an overnight piece distributed nationally via McClatchy News Service. The article, by Jacob Barker, describes the lawsuit filed earlier this month by the town of Hermann, Mo., which is seeking to end its ties to the overpriced, underperforming coal-fired plant. Parker […]

March 31, 2015 Read More →
GOP House Members Angle to Save Mountaintop Mining

GOP House Members Angle to Save Mountaintop Mining

The Hill.com has published a story on how House Republicans in Washington are trying to stop an Obama Administration crackdown on mountaintop removal coal mining. The item, by Timothy Cama, notes that sponsor Rep. Alex Mooney’s bill would stop the Interior Department’s Office of Surface Mining from restricting mountaintop mining for at least a year, […]

March 31, 2015 Read More →
Kentucky Begins Patching ‘Economic Holes Left by Declining Coal Sector’

Kentucky Begins Patching ‘Economic Holes Left by Declining Coal Sector’

The state of Kentucky is beginning a new grant program aimed at diversifying the hard-hit economies of struggling coal towns, according to an article published this week by SNL. The article, by Taylor Kuykendall, notes that eastern Kentucky has been hardest hit by the coal glut over the past few years and that the program […]

March 31, 2015 Read More →

Oil and Gas Exploration Groups Are at Risk of Default

Many Analysts See a Bond Bubble Forming … U.S. corporate bond issuances hit a record high this month and are on pace to beat 2014 levels, when corporate bond sales totaled $1.5 trillion. Question: Why is this happening? Answer: Corporate issuers are availing themselves of low interest rates. Part of the reason corporate debt markets […]

March 31, 2015 Read More →
Legal Action in Missouri Around Faltering Prairie State Energy Campus Draws Bond Market Coverage

Legal Action in Missouri Around Faltering Prairie State Energy Campus Draws Bond Market Coverage

The Bond Buyer details the lawsuit filed by Hermann, Mo., in what the publication describes as “the latest pushback from local utilities angry over higher-than-expected energy costs from the controversial Prairie State coal plant project.” The article, by Yvette Shields, notes that the suit emphasizes a Missouri state law that prohibits local governments from taking […]

March 30, 2015 Read More →
Montana Legislators Pass Protectionist Bill to Keep Coal Plants Alive

Montana Legislators Pass Protectionist Bill to Keep Coal Plants Alive

The Montana Senate has passed legislation that would ostensibly require Washington State to pay heavily for Montana coal-plant shutdowns that result from clean-energy policies implemented by Washington State. Mark Dennison of the Missoulian has the story in an article that includes this key paragraph: “Senate Bill 402 would require the customers of any out-of-state utilities […]

March 30, 2015 Read More →
Utility Companies Moving State by State to Cripple Rooftop Solar

Utility Companies Moving State by State to Cripple Rooftop Solar

SNL has published an article of note by Amy Poszywak chronicling recent developments in the national fight over net metering, in which utility companies have stepped up their attack on rooftop solar. Poszywak sums it up in this sentence: “New regulatory battles have some precedent, with utilities having honed in on arguments for higher fixed […]

March 30, 2015 Read More →
Peabody Energy Says Royalty Reforms in Powder River Basin Wouldn’t Hurt

Peabody Energy Says Royalty Reforms in Powder River Basin Wouldn’t Hurt

Peabody Energy says the corporate impact of proposed reforms around royalties paid on federal coal takings in the Powder River Basin of Montana and Wyoming are being exaggerated. The St. Louis Post-Dispatch, the hometown paper for Peabody, notes that in securities filings the company states that “recent news articles have overstated the potential effects” of […]

March 30, 2015 Read More →