IEEFA In the News

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 →

Adani’s Australia Problem

June 13th, 2017

Business Standard (India): Indian Energy Minister Piyush Goyal said the country already had enough coal without the Adani mine. “We don’t wish to import coal from anywhere in the world. We have sufficient coal capacity in our country,” Goyal told ANI. Goyal’s statements contrast with the Adani group’s stated objective of the project. The group […]

June 13, 2017 Read More →

On the Blogs: Marquee U.S. Clean Coal Project Continues to Struggle

June 12th, 2017

Seeker.com: The first attempt at building a “clean coal” power plant that captures its carbon dioxide before being burned is struggling to get up and running in Mississippi, as the Trump administration plans to sharply cut back funding for the technology. Mississippi Power’s Kemper power plant is designed to allow the continued use of cheap […]

June 12, 2017 Read More →

Truth Patrol: Trump’s Coal Spiel

June 9th, 2017

Washington Post: Trump said the Paris agreement is hurting the development of the coal industry in America, where “mines are starting to open up,” and where the agreement is blocking the development of “clean coal.” Is that really the case? The new mines that are scheduled to open, including in Pennsylvania and West Virginia, are […]

June 9, 2017 Read More →

Adani’s Financials on Australian Coal Project Are Falling Apart

June 9th, 2017

Business Standard (India): Even as the Adani Group is gearing up to invest $16.5 billion in a coal mine project in Australia, previous investments by GVK Power & Infrastructure and Lanco Infratech in similar projects have resulted in financial mess, according to bankers and analysts. While GVK’s yet-to-be-developed mine would require investments of another $500 […]

June 9, 2017 Read More →

Alabama Tax Policy Turns Against Coal Industry

June 9th, 2017

Bloomberg BNA: Decreased tax revenue from coal production has state legislators looking for additional ways to raise revenue to support the regulatory authorities that oversee this industry.     On May 24, 2017, Alabama enacted H.B. 468, imposing an additional excise and privilege tax on coal and lignite mining in-state. Alabama is allocating these additional funds […]

June 9, 2017 Read More →

As Investment in Conventional Energy Falls, Activity in Renewables Rises

June 8th, 2017

Institutional Investor: Investor interest in renewable energy is swelling less than two years after the Paris Agreement was signed. Renewables-focused funds have raised $5 billion this year, outstripping fundraising targeting conventional energy for the first time, according to a Preqin report Wednesday. Fundraising for conventional energy has fallen significantly from its $38 billion peak in […]

June 8, 2017 Read More →