IEEFA In the News

‘FirstEnergy: Avoid’

June 23rd, 2017

SeekingAlpha.com: Akron, Ohio-based FirstEnergy Corp. (NYSE:FE) disproves the popular contention that utilities are safe investments. Many investors see the utility sector as reliable due to the fact that utility companies possess territorial monopolies and have regulatory barriers protecting them from competitors. And at first glance, FirstEnergy would seem to be a utility that would be […]

June 23, 2017 Read More →

On the Blogs: GE Moves Into Japanese Wind

June 23rd, 2017

ClimateActionProgramme.org: GE Renewables Energy – one of the largest wind turbine manufacturers in the world – has announced its development of a 66 megawatt (MW) wind energy project in the Akita prefecture in northern Japan. GE Renewables Energy said it has reached an agreement with leading architectural, civil engineering and general contracting firm, Shimizu Corporation, […]

June 23, 2017 Read More →

IEEFA Op-Ed: Blind Faith in Fossil-Fuel Industries Will Strand Economies, Communities, Workers

Markets Continue to Outpace Retro Government Policies

June 22nd, 2017

What’s missing from Donald Trump’s economically ludicrous promise to revive failed Rust Belt industries in the U.S. is an honest discussion of the economic and technological transition that is rapidly unfolding. New industries are growing that have already created many millions of jobs around the world and that will provide clean energy to power the 21st […]

June 22, 2017 Read More →

Markets Continue to Move Against U.S. Coal

June 20th, 2017

CNN Money: Trump has taken steps to ease the burden on coal country by ripping up environmental rules and pledging to withdraw the United States from the Paris climate accord. But those deregulatory steps do little to offset the mounting long-term challenge that coal faces from cleaner forms of energy, especially solar. By 2040, U.S. […]

June 20, 2017 Read More →

On the Blogs: India’s Plan to Close 37 Coal Mines

June 19th, 2017

ClimateActionProgramme.org: The largest coal mining company in the world, Coal India, has announced plans to decommission a total of 37 mines which are no longer economically viable in India. Coal India, which accounts for over 80 per cent of the India’s coal production, produced an average of 1.42 tonnes of coal per day in June […]

June 19, 2017 Read More →

On the Blogs: Doubts in West Virginia About Coal Resurgence

June 19th, 2017

ThinkProgress.org: West Virginian historian Chuck Keeney, who has written extensively on the state’s coal industry and its miners, said he has not seen a noticeable change in the mood of the state’s residents since Trump became president. “A lot of West Virginians understood that they were rolling the dice with Trump,” explained Keeney, a professor […]

June 19, 2017 Read More →

Financing a Mine at Current Coal Price Levels Will Be a Big Ask

June 15th, 2017

Financial Times: Global warming is implicated in the slow death of the Great Barrier Reef. So plans for a $16bn ($12bn) project to mine polluting coal in nearby Queensland were never going to be popular. India’s Adani Enterprises, which approved the project on Tuesday, need not worry about green campaigners, though: the prime ministers of […]

June 15, 2017 Read More →

Proposal Offers a Transition Plan for Regional Economy Affected by Closure of Navajo Generating Station

June 14th, 2017

KJZZ Phoenix: The impending closure of the Navajo Generating Station in Navajo Country in northern Arizona could be devastating for the region. More than 600 jobs are on the line — as well as millions in losses to the Navajo and Hopi tribes. But the coal plant and the mine that supports it are not […]

June 14, 2017 Read More →

On the Blogs: A ‘New Reality’ Unfolds in India

June 14th, 2017

CircleofBlue.org: The numbers express a profound new reality in India’s energy industry that carries international significance: Climate-changing carbon emissions in India, the world’s third largest producer, are poised to start leveling off after years of sizable increases. India is joining China, the United States, and Europe in reducing carbon emissions at the same time that […]

June 14, 2017 Read More →

No Industry Revival Seen in Opening of New Metallurgical Pennsylvania Mine

June 13th, 2017

Fox News: Although many analysts have predicted a decline in coal extraction, the mine has been praised locally as an economic lifeline for a region hard hit by the decline in coal-fired power plants and – despite Corsa starting work on the mine last August – it’s been hailed by President Trump as proof that […]

June 13, 2017 Read More →