Archive for July, 2016

More News and Commentary

‘Subsidy Play’ Behind Lignite Acquisition

From Carbon Pulse: Subsidy play – Vattenfall’s lignite business results ahead of the sale of its coal mining and production facilities in eastern Germany offer some insight into why the Swedish utility is selling. They also raise the question of why Czech investor EPH is interested in the lignite operations, according to the research institute […]

July 29, 2016 Read More →

Speculation Grows That Proposed Mine Will be Scuttled

Jamieson Murphy for the Northern Daily Leader (Australia): Speculation is mounting the NSW government has negotiated a deal with BHP Billiton to walk away from its planned Caroona coal mine. The government has refused to deny it has offered the company in excess of $100 million compensation, in return for pulling the pin on the […]

July 29, 2016 Read More →

Study Shows Pipeline Overbuilding

Peggy MacKenzie for the (Lewisburg, W.V.) Mountain Messenger: A recently published study by the Institute for Energy Economics and Financial Analysis (IEEFA) concludes that natural gas pipelines proposed for construction from West Virginia into Virginia and North Carolina are indicative of a rush toward industry overbuilding. Titled “Risks Associated With Natural Gas Pipeline Expansion Across […]

July 29, 2016 Read More →

On the Blogs: ‘Update on Federal Coal Program Long Overdue’

Ryan Alexander and Rick Hegdahl for Morning Consult: Over the past several weeks, the Department of the Interior held public hearings across the country to receive comments from the public about its recently announced comprehensive review of the federal coal leasing program. While the review is underway, no new leases will be issued on federal […]

July 29, 2016 Read More →

On the Blogs: Scientists Endorse Reform of U.S. Coal-Leasing Program

Samantha Page for Enough, already. That’s what 67 prominent scientists are telling Secretary of the Interior Sally Jewell, whose department is conducting a review of the U.S. program to lease federal lands for coal mining. “The science is clear: to satisfy our commitment under the Paris Agreement to hold global temperature increase well below […]

July 29, 2016 Read More →

Alberta Moves to Protect Taxpayers From Coal-Mine Cleanup Costs

Tracy Johnson for CBC News: As Alberta moves away from coal-fired electricity, the provincial government is trying to ensure it will not be on the hook to clean up old coal mines once they stop operating. The Alberta Energy Regulator is planning to audit nine coal mines beginning by mid-September to ensure that each operator […]

July 29, 2016 Read More →

Interior Department Receives 250,000 Signatures in Favor of Coal-Lease Reform

Devin Henry for The Hill: More than 250,000 people have called for a reform of the federal coal leasing program, activists say. The comment period on an Interior Department assessment of coal leasing rates on federal lands closes this week. Supporters of reforming the program say they’ve made the case for overhauling it for the […]

July 29, 2016 Read More →

Rockefeller Fund, Built on Oil, in ‘Pivot’ to Renewables

Jessica Shankleman for Bloomberg News: The Rockefeller Brothers Fund, the foundation divesting from the fossil-fuel industry it helped create, took its first direct stake in a renewable energy company in a move meant to bolster the fight against climate change. The New York City-based fund, founded in 1940 with the profits of Standard Oil Co., […]

July 29, 2016 Read More →
IEEFA Wyoming: Bid to Export ‘Clean Coal’ to Japan Rings False

IEEFA Wyoming: Bid to Export ‘Clean Coal’ to Japan Rings False

The U.S. Has Squandered Far Too Much Already on Research That Leads Nowhere

It’s no secret that the U.S. coal industry’s hopes of revival by exporting its product to Asia via West Coast ports—what Platts has called an “export or die” strategy—have been dashed by the structural decline in global coal markets.  That’s why Wyoming Gov. Matt Mead’s recent announcement that a new “clean coal” technology partnership between […]

IEEFA South Asia: A Simple Way to Help Address Bangladesh’s Energy Crisis—Import Electricity From India

Expensive Coal-Fired Projects Are Not the Answer

As India proceeds with a remarkable electricity-sector transformation that puts it firmly on the road to modernizing its antiquated grid, expanding its commitment to renewables and achieving stronger national energy security, its neighbor to the east, Bangladesh, is reeling from an ever-growing power crisis. Bangladesh is awash today in energy poverty. Its per capita consumption […]

July 28, 2016 Read More →