IEEFA In the News

Op-Ed: How Is Trump Failing to Put America First? Let Us Count the Ways

November 17th, 2017

San Diego Union Tribune: Now that President Donald Trump has enfeebled the Environmental Protection Agency, reversed climate regulations opposed by fossil fuel interests and announced U.S. withdrawal from the Paris Climate Accord, it is right to examine whether his agenda on climate change really puts “America first,” which he so often proclaims is his overriding […]

November 17, 2017 Read More →

Big Oil, ‘Unloved and On Sale’

November 17th, 2017

Sydney Morning Herald: Big Oil is under pressure, unloved and on sale. Energy giants from Exxon Mobil to Royal Dutch Shell are struggling back to their feet after a three-year oil slump, while also fighting to prove they can survive for decades to come amid an accelerating shift to clean energy. So getting dumped by […]

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Would-Be New Mining Giant Is in Financial Peril

November 17th, 2017

The Guardian: Profits of Adani Enterprises – the company in Adani Group’s complex structure that owns the proposed Carmichael coalmine – have collapsed almost 50% year-on-year, according to a half-yearly report released this week which does not mention the mine. The results further show the company is in financial distress, according to Tim Buckley from […]

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Vietnam, Over-Reliant on Imported Coal, Is Being Hammered by High Prices

November 17th, 2017

VietnamBreakingNews.com: Steep increases in global coal prices are forcing Vietnam’s coal-fired power plants deeper and deeper into the red as they struggle to minimize losses caused by cost overruns worth billions of U.S. dollars. Coal prices have steadily risen since early 2016, adding an addition US$1.27 billion in costs for importing coal to Vietnam, according […]

November 17, 2017 Read More →

Australia’s Energy Policy Comes Under Global Scrutiny

November 17th, 2017

Sydney Morning Herald: Australia’s backing of the fossil fuel industry is expected to come under more scrutiny at the Bonn climate talks in Germany, as a global effort to reduce coal use gathers momentum. Britain and Canada were expected to launch the Global Alliance to Power Past Coal at a Thursday media conference aimed at […]

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‘Lots of Talk, Little Action’ on Puerto Rico Transition

November 13th, 2017

E&E News: The shape of Puerto Rico’s future grid is confused, because no one yet has the authority to dictate what the future grid will look like. PREPA, the island utility, is conducting repairs, but it has few resources and is distrusted by officials in Washington. After Hurricane Maria hit, PREPA forsook aid from other […]

November 13, 2017 Read More →

Puerto Rico Bond Insurers in Lobbying and Litigation Campaign to Avoid Paying Claims

November 13th, 2017

International Business Times: While still struggling to remedy widespread power outages and destruction wrought by Hurricane Maria, the Puerto Rican government is working to restructure its debt. Insurers of those debt bonds, on the other hand, are at risk of having to pay out billions, and potentially taking a hit to their bottom lines — […]

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On the Blogs: Proposed Bailout of U.S. Coal Industry Puts a Spotlight on Failing Arizona Plant

November 13th, 2017

Triple Pundit: What a mess Energy Secretary Rick Perry dumped into the lap of FERC, the Federal Energy Regulatory Commission. Perry has taken a lot of heat for proposing new protections for coal and nuclear power plants, but go-ahead has to come from FERC. The decision is not expected until December 11, and meanwhile the […]

November 13, 2017 Read More →

Adani Faces Financing Gap on Unpopular Australian Coal Project

November 10th, 2017

The Wire: In September 2016, the Adani group decided to scale down the size of the mine from the initially proposed investment of $16.4 billion to $4.2 billion, with production being curtailed at 25 million tonnes of coal per annum in the first phase of operations, instead of the initially proposed 60 million tonnes per […]

November 10, 2017 Read More →

Fossil Fuel Investments Held by UK Councils Jump 15% to £16bn

November 9th, 2017

Financial Times: Councils that rank highest in their fossil fuel exposure include the £17.2bn Greater Manchester Pension Fund, the UK’s second-largest local government scheme, which had 10.2 per cent of its assets exposed to companies that generate revenues from oil, gas and coal. Dumfries and Galloway was the second highest with 9.4 per cent. Platform […]

November 9, 2017 Read More →