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    Little-Known Buyer of ‘Crown Jewel’ Powder River Basin Coal Mines Sows Doubt in Wyoming Little-Known Buyer of ‘Crown Jewel’ Powder River Basin Coal Mines Sows Doubt in WyomingCasper (Wyo.) Star-Tribune: The coal company that emerged from the ashes of the Alpha Natural Resources bankruptcy is getting out of the Powder River Basin just a little over a year since its formation. Contura Energy announced Monday that it was transferring its Eagle Butte and Belle Ayr mines to Blackjewel L.L.C., a private company based in ...
    IEEFA Update: New Philippine Coal Tax Will Drive Development of Cleaner, Cheaper Power IEEFA Update: New Philippine Coal Tax Will Drive Development of Cleaner, Cheaper PowerA 400 percent coal tax increase agreed to by legislators in the Philippines today stands to catalyze the development of cleaner and cheaper energy. Though it requires presidential approval, the shift is a welcome sign of government openness to weaning the country off its dependence on expensive fossil fuels. It makes economic common sense too. The increase would ...
    Exxon Capitulates to Investors Who Want More Climate-Risk Exposure Exxon Capitulates to Investors Who Want More Climate-Risk ExposureFortune: ExxonMobil said it would publish new details about how climate change could affect its business, in a move aimed at appeasing critics and forestalling another proxy fight next year. Until now, it had opposed such a move, in contrast to other western oil and gas majors such as Royal Dutch Shell, BP and Total. Such impact ...
    Underperforming U.S. Utility CEO Devoted to Coal and Nuclear Remains Buoyant Underperforming U.S. Utility CEO Devoted to Coal and Nuclear Remains BuoyantBloomberg News: Tom Fanning is the only energy executive in America willing to bet billions on nuclear power. The chief executive officer of utility giant Southern Co. is renowned for his boundless optimism, which he generously spreads around. He’s chair of the Federal Reserve Bank of Atlanta, co-leader of one industry group and a former chairman of ...
    A Federal ‘Cash for Cronies’ Plan Crafted by Coal Companies A Federal ‘Cash for Cronies’ Plan Crafted by Coal CompaniesWashington Post: Energy Secretary Rick Perry had been in office less than four weeks when he took a meeting from a coal magnate who had an urgent request. Robert E. Murray, founder of Murray Energy and a major Trump supporter, presented a four-page “action plan” to rescue the coal industry. The plan said that commissioners at three ...
    IEEFA Australia: Adani’s Bad Month IEEFA Australia: Adani’s Bad MonthThe potential for Adani’s Carmichael coal mine proposal in northern Australia took a dramatic turn this week as one major Chinese bank after another ruled out financing the project. The news comes shortly after Queensland state’s Labor Party government promised to block a federal taxpayer-funded loan to Adani if re-elected—and odds are the party has the ...
    Momentum in Multi-Billion Dollar European Green Bond Market Momentum in Multi-Billion Dollar European Green Bond MarketPVTech: Nine of Europe’s industrial power giants and most prominent green bond issuers have clubbed together to put green bonds - mechanisms that are beginning to draw huge traction worldwide - at the heart of their financing strategies. Massive brands EDF, Enel, ENGIE, Iberdrola, Icade, Paprec, SNCF Réseau, SSE and TenneT, which span power, transport, waste management ...
    Australian Election Bodes Ill for Adani Australian Election Bodes Ill for AdaniThe Wire: The Adani group’s chances of getting a $900 million (AUD) concessional government loan — crucial to its Carmichael coal mine project — are approximating close to zero as the Australian Labour Party (ALP) is set to form the government in Queensland — the north-eastern Australian state home to the proposed Adani coal mine. The ALP ...
    Midwestern Company Plans Underground Wind-Power Transmission Corridor to Eastern U.S. Midwestern Company Plans Underground Wind-Power Transmission Corridor to Eastern U.S.Energy Mix: A company in the Midwestern United States is planning a new underground transmission line along existing railroad tracks to carry wind-generated electricity from Iowa, the Dakotas, and Minnesota to a transfer point to Chicago, then eastward to regions with high electricity demand. “We will pull some of the cheapest, most robust wind from the upper ...
    California AG Sides With Oakland in Refusal to Allow Kentucky-Utah Coal-Export Scheme to Proceed California AG Sides With Oakland in Refusal to Allow Kentucky-Utah Coal-Export Scheme to ProceedEast Bay Times: State Attorney General Xavier Becerra filed a brief in support of the city’s ban on the storage and handling of coal and petroleum coke in Oakland. The city ordinance was passed in July 2016, effectively killing plans to transport the ore through a lpanned terminal near the Port of Oakland, on a portion of ...