Alaska

IEEFA Research

April 2015 Chuitna Letter From IEEFA

April 2015 Chuitna Letter From IEEFA

April 2015 Chuitna Letter From IEEFA  

April 13, 2015 Read More →

More News and Commentary

Goldman: Energy transition needs 11.9B pounds of copper annually by 2030

North of 60 Mining News: Alaska, Northern British Columbia, and the Yukon are home to a dozen advanced stage exploration and mine projects hosting billions of pounds of copper ready to deliver to a world demanding massive amounts of this conductive metal for the green energy and electric mobility transition envisioned over the next three […]

May 4, 2021 Read More →

Oil and gas-rich Alaska seeking renewable alternatives to fossil fuels

KCAW Radio: Concerns around energy independence and high costs have led many places in rural Alaska to look for renewable alternatives to fossil fuels. The Department of Energy recently announced the awardees of a new program to help remote communities find clean energy solutions. The Energy Transitions Initiative Partnership Project or ETIPP will help five […]

April 28, 2021 Read More →

S&P: Announced U.S. coal-fired plant retirements to cut annual demand by more than 65 million tons

S&P Global Market Intelligence ($): U.S. coal producers delivered 65.5 million tons of coal, about 8.7% of the coal mined in 2018, to power plants set to retire between 2019 and 2032, according to an analysis by S&P Global Market Intelligence. The analysis excluded plants that retired before July 4 in 2019. Meanwhile, only one […]

August 5, 2019 Read More →

Alaska backs away from massive North Slope LNG project

S&P Global Market Intelligence ($): Alaska’s decision to cut back staff at the state-run company developing a massive LNG terminal and shift its focus to only permitting amounted to an acknowledgment that the state no longer plans to work to commercialize the gas export venture or manage it long-term. That leaves Alaska LNG facing the […]

July 17, 2019 Read More →
IEEFA Update: Taxpayer Exposure to U.S. Coal Reclamation Costs Runs Deep

IEEFA Update: Taxpayer Exposure to U.S. Coal Reclamation Costs Runs Deep

Public Risk in Alaska, Colorado, Missouri, North Dakota, Texas, Virginia, West Virginia, and Wyoming

A report that came out last month from the nonpartisan Government Accountability Office recommends that Congress eliminate the risky system of self-bonding by coal-mining companies. But the report also raises concerns about the financial stability of surety-bond companies, a much more common form of reclamation bonding, as well as problems with underfunding for mine cleanup costs. […]

April 20, 2018 Read More →

Plans for U.S. Coal-Fired Electricity Expansion Grind to a Halt

E&E News: About 16 percent of the U.S. coal fleet has retired in the past five years, but don’t expect major new coal-fired plants to fill that void. The federal government counts four new coal projects on a list of planned power plants nationwide. Three of those face long odds, and none will be able […]

August 22, 2017 Read More →

On the Blogs: Alaska Mine Cancellation Emblematic of Freefall in U.S. Coal Exports

Sightline Institute: Another month, another coal export project down the tubes. This time it’s the proposed Chuitna mine in Alaska, a controversial export project launched a few years ago near the peak in the Pacific Rim coal bubble. After submitting several thousand pages of permitting documentation, the project backers had no choice but to shelve […]

April 7, 2017 Read More →

IEEFA Update: Lacking Customers, PacRim Bails Out of Its Alaska Coal Project

A New Mine on Cook Inlet Was as Crazy as It Sounded

Word out of Alaska this morning that investors have pulled out of the proposed Chuitna Coal Project near Alaska’s Cook Inlet was presaged by the fast-moving global transition in electricity generation. Research we published two years ago—and that we outlined in an August 2015 letter to the Alaska Department of Natural Resources—pointed to where Delaware-based […]

April 4, 2017 Read More →

U.S. Coal Company Drops Longstanding Plan for Alaska Mine

Associated Press: A company that sought to develop a major coal mine 45 miles (72 kilometers) southwest of Anchorage has suspended applications for state permits. The Peninsula Clarion reports PacRim Coal has halted its permit process for a strip mine on the west side of Cook Inlet near the village of Tyonek (teye-OH-nek). The Alaska […]

April 4, 2017 Read More →

Alaska Deal Retires 63,000-Acre Coal Tract

From the Associated Press: An undeveloped Alaska coal field, California’s offsets for carbon pollution and thousands of acres of forest are the unlikely players in a complex agreement that is expected to generate millions for an Alaska Native organization. The agreement signed in December also calls for Chugach Alaska Corp. to sell the coal rights […]

January 27, 2017 Read More →