News

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

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 →

Colorado City Contemplates Closing Coal-Fired Plant a Decade Ahead of Schedule

Denver Post: One of the nation’s last coal-fired power plants in the middle of a city may shut down a decade sooner than planned as Colorado Springs leaders contemplate climate action and urban revitalization along a creek. This is happening as residents of Colorado Springs (pop. 465,000) increasingly raise concerns about sulfur dioxide (SO2) and […]

November 17, 2017 Read More →

Big Oil, ‘Unloved and On Sale’

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 […]

November 17, 2017 Read More →

Would-Be New Mining Giant Is in Financial Peril

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 […]

November 17, 2017 Read More →

Electricity-Generation ‘Disruption of Unprecedented Scope’ Drives Siemens to Follow GE in Restructuring Power Equipment Business; 6,900 Job Cuts

Wall Street Journal: German electrical engineering giant Siemens AG on Thursday became the latest corporate behemoth to bow before sweeping changes to the way electricity is made the world over, as it unveiled a restructuring plan to tackle overcapacity in its core businesses. The German conglomerate said it would cut 6,900 jobs world-wide, or 2% […]

November 17, 2017 Read More →

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

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

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 […]

November 17, 2017 Read More →

More Countries, States Join Pact to End Coal Use for Electricity Generation

Reuters: At least 15 countries have joined an international alliance to phase out coal from power generation before 2030, delegates at U.N. climate talks in Bonn said on Thursday Britain, Canada, Denmark, Finland, Italy, France, the Netherlands, Portugal, Belium, Switzerland, New Zealand, Ethiopia, Mexico and the Marshall Islands have joined the Powering Past Coal Alliance, […]

November 17, 2017 Read More →

International Energy Agency Acknowledges Momentum in Wind and Solar

Bloomberg News: Renewable forms of energy such as wind and solar are likely to grab a bigger share of the market in the coming decades, generating more electricity than coal by 2040. That’s the conclusion of the International Energy Agency’s annual look into supply and demand, according to a report released on Tuesday in Paris. It […]

November 16, 2017 Read More →

Corporations, Regardless of Current Government Policy, Continue Shift to Renewables

Wall Street Journal: More of the world’s biggest corporations are taking the fight against climate change into their own hands, aiming to cut their energy costs, pre-empt regulation or burnish their reputations with investors and customers. Apple Inc. has draped its new California campus with solar panels. Wal-Mart Stores Inc. cut the energy consumption of […]

November 16, 2017 Read More →