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Coal companies have been scorched under Obama

2015-08-04 16:00:00| Climate Ark Climate Change & Global Warming Newsfeed

CNN: It's a terrible time to be in the coal business. Companies have struggled for five years in an environment of strict regulation and low prices, along with a host of poorly-timed mergers. Alpha Natural Resources (ANRZ) filed for bankruptcy on Monday, becoming the latest coal company to succumb to the difficult environment. Life is about to get even tougher as President Obama -- never a friend of the coal industry -- rolls out new rules aimed at America's coal-burning power plants' greenhouse...

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Toxic Floods From Coal Mines and Power Plants Hit Vietnams Ha Long Bay World Heritage Site

2015-08-01 03:30:00| Climate Ark Climate Change & Global Warming Newsfeed

EcoWatch: Ongoing downpours in northeastern Vietnam have resulted in toxic spills and flooding from multiple coal mine and power plant sites in the province surrounding the Ha Long Bay World Heritage Site. The likelihood of both immediate and ongoing health and environmental hazards for locals and the rare environment are clearly increasing by the hour and the scale of this event cannot be understated, said Donna Lisenby, Clean and Safe Energy campaign manager for Waterkeeper Alliance. The events of...

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The $600 Million Mine Sold for a Dollar Underscores Ruin of Coal

2015-07-31 18:45:56| Food - Topix.net

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. The destructive force of a collapse in world coal prices has been underscored by the sale of a mine valued at A$860 million three years ago for just a dollar.

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The $600 Million Mine Sold for a Dollar Underscores Ruin of Coal

2015-07-31 17:44:04| Grocery - Topix.net

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. The destructive force of a collapse in world coal prices has been underscored by the sale of a mine valued at A$860 million three years ago for just a dollar.

Tags: of million sold mine

 

Union Pacific's Coal Headache

2015-07-31 16:58:36| Railroads - Topix.net

Union Pacific shareholders have not had a very pleasant 2015. UNP shares are well below the 52 week high of $124.52, which was set back in February.

Tags: union coal headache pacifics

 

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