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Big Coal's annus horribilis

2014-01-26 12:30:00| Climate Ark Climate Change & Global Warming Newsfeed

Ecologist: If the coal industry's PR dream is for a stream of exuberant articles selling the story line that coal is clean, cheap and desirable, then 2013 delivered the opposite. 2014 will be even worse. If there is one issue which encapsulates Big Coal's fall it is the deadly smog which blanketed Chinese cities in January and then again in October and December. During 2013 the coal industry became mired in debates over air and water pollution, escalating health costs, corruption scandals, damage to farmlands,...

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US coals new focus on exporting leaves a cloud of dust over Louisiana

2014-01-25 15:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Al Jazeera: When Warren Lawrence retired, he settled on Myrtle Grove, a small community of brightly colored houses sitting on stilts, 40 miles south of New Orleans, because its surrounded by water. The Mississippi River is on one side of Route 23, the main road, and the bayou is on the other. Lawrences boats are tied up out back, and he takes his small dogs on a ride through the swampland nearly every day. He loves his way of life, he said. Except for the dusting. On a clear, windy day, from the porch...

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Wesfarmers Bargain Buy Highlights Coal's Demise

2014-01-20 12:28:40| Agriculture - Topix.net

For a gauge of just how far prices of Australian coal assets have fallen in the past few years look no further than Wesfarmers Ltd. The Australian conglomerate-better known for its ownership of the Coles supermarket chain-said it's paying 70 million Australian dollars to U.S. miner Peabody Energy Corp. Deals for coal assets are thin on the ground ... (more)

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King Coal's climate challenge

2013-12-04 12:54:00| Climate Ark Climate Change & Global Warming Newsfeed

Prague Post: Coal is emerging as a major topic of conversation at the United Nations climate-change negotiations currently taking place in Warsaw - and rightly so. Indeed, it is a discussion that the world needs to have. The latest findings of the Intergovernmental Panel on Climate Change conclude that we are quickly using up our carbon "budget" - the amount of carbon that we can afford to emit while still having a good chance of limiting global warming to 2 Celsius. According to the IPCC, keeping the global...

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Coal's future carbon costs may make it more expensive than wind energy

2013-11-15 17:23:00| Climate Ark Climate Change & Global Warming Newsfeed

Mongabay: At first glance, a recent report from the U.S. White House on the social cost of carbon reads like a daunting economics exam. A small chart poses the first question about the price tag policymakers attach to future greenhouse gas emissions: Does each metric ton of carbon that billows into the air cost $11, $33 or $52? The answer is all of the above. But researchers working at the Natural Resources Defense Council in Washington, D.C. suggest that this confusing point may be moot--at least for energy...

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