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    Internal opposition puts coal bailout on hold Internal opposition puts coal bailout on holdPolitico: One of the Trump administration’s major efforts to prop up ailing coal companies has run aground in the White House, a setback to an industry that had hoped for a major resurgence after Donald Trump won the presidency. Energy Secretary Rick Perry has spent more than a year pushing various plans that would invoke national security ...
    First half 2018 coal deliveries to U.S. power plants down sharply First half 2018 coal deliveries to U.S. power plants down sharplyS&P Global Market Intelligence ($): Coal deliveries to U.S. power plants decreased nearly 10% in the first six months of 2018 compared to the year-ago period, reversing the year-over-year growth in the first six months of 2017. According to an S&P Global Market Intelligence analysis of U.S. Energy Information Administration data, U.S. coal producers delivered 271 million ...
    Interior Secretary Zinke: Military bases could be used for coal exports Interior Secretary Zinke: Military bases could be used for coal exportsAssociated Press: The Trump administration is considering using West Coast military installations or other federal properties to open the way for more U.S. fossil fuel exports to Asia in the name of national security and despite opposition from coastal states. The proposal was described to The Associated Press by Interior Secretary Ryan Zinke and two Republican lawmakers. “I ...
    Scottish Power sells fossil assets to focus on wind Scottish Power sells fossil assets to focus on windThe Guardian: Scottish Power has ditched fossil fuels for electricity generation and switched to 100% wind power, by selling off its last remaining gas power stations to Drax for more than £700m. Iberdrola, Scottish Power’s Spanish parent company, said the move was part of its strategy to tackle climate change and would free it up to ...
    IEEFA Europe: A blacklist of 120 coal plant developers for investors seeking to lower climate risk IEEFA Europe: A blacklist of 120 coal plant developers for investors seeking to lower climate riskEven as risks mount for coal worldwide, nearly 1,400 new coal plants or units are planned or under development in 59 countries. If built, these plants would increase coal power capacity by 33%, adding more than 670,000 megawatts to the global coal plant fleet. Who exactly is developing these new coal plants?  German environmental NGO ...
    IEEFA report: Seven disruptions driving the modernization of electricity generation and transmission IEEFA report: Seven disruptions driving the modernization of electricity generation and transmissionWe’ve published a research brief today that looks at the underlying forces driving a global shift in how electricity is generated. Our paper—“The Seven Technology Disruptions Driving the Global Energy Transition”—is a primer on fundamental changes occurring now that are collectively displacing coal from its long-dominant role in power generation. We note in the brief that coal ...
    Green groups take aim at Greek coal plant permits Green groups take aim at Greek coal plant permitsReuters: Environmental campaign group ClientEarth has launched a legal challenge seeking to revoke a permit for two coal-fired power plants in Greece, one of which has yet to be built, it said on Monday. ClientEarth said it launched the action with the Greek branches of Greenpeace and the World Wildlife Fund (WWF) because Greece had failed to ...
    DOE keeps critical coal report under wraps DOE keeps critical coal report under wrapsBloomberg: A report commissioned by the Energy Department failed to reach conclusions favoring the Trump administration’s efforts to prop up coal and nuclear power -- and remains under wraps six months after submission. “The report hasn’t seen the light of day,” the principal author, Michael Webber tweeted on Friday: “In separate news, @WebberEnergy wrote a report on ...
    IEEFA Canada: Ill-advised oil sands project faces rough future IEEFA Canada: Ill-advised oil sands project faces rough futureTeck’s $20.6 billion Frontier Oil Sands Mine Project, now before the Canadian Environmental Assessment Agency Joint Review Panel, faces an extraordinary and alarming combination of risks.  The project will face financial distress for its entire 41-year life cycle, according to the report by our organization, the Institute for Energy Economics and Financial Analysis (IEEFA.org),  neither ...
    Analysis: ‘Death of global coal growth’ Analysis: ‘Death of global coal growth’GreenTech Media: For years we’ve known that the coal industry was a dead man walking in the United States. So the industry has clung to future growth in other markets to justify its place at the table. But now, even those prospects are fading.  Gonzalo Garcia, the co-head of natural resources for Goldman Sachs globally, said recently that ...