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New coal plants 'most urgent' threat to the planet, warns OECD head

2015-07-03 18:31:00| Climate Ark Climate Change & Global Warming Newsfeed

Guardian: Governments must rethink plans for new coal-fired power plants around the world, as these are now the most urgent threat to the future of the planet, the head of the OECD has warned. In unusually strong terms for the organisation best known as a club of the worlds richest countries its secretary general Angel Gurria, told governments to think twice, or three, or four times before allowing new coal-fired plants to go ahead. They will still be emitting years from now, he warned. As...

Tags: head plants planet threat

 

Bluer skies? Beijing picks up pace in cutting dependency on coal

2015-07-03 16:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Christian Science Monitor: Blue skies in Beijing were a welcome surprise this week for the residents of Gaobeidian, a migrant neighborhood on the outskirts of the city. Gaobeidian sits near the smokestacks and cooling towers of an 845-megawatt power plant, the last coal-fired plant operating in the Chinese capital. Billowing smoke forms a hazy backdrop as children play and women hang clothes out to dry. This kind of weather is rare in Beijing, says Cheng Hui, a housewife with two sons under four. Shes happy to hear that...

Tags: cutting pace picks beijing

 
 

Germany to Shutter Large Coal Plants

2015-07-02 15:44:00| Climate Ark Climate Change & Global Warming Newsfeed

Guardian: Germany agreed on Thursday to mothball about five of the countrys largest brown coal power plants to meet its climate goals by 2020, after months of wrangling between the parties in chancellor Angela Merkels coalition. But Merkel and the leaders of her two junior coalition partners also, in effect, agreed to set up a capacity reserve system where utilities could switch on the brown coal plants if there were power shortages in the country. An economy ministry spokesman said the decision on brown...

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360fly buying VSN operation; PPG completes Cuming deal; CNX Coal begins trading

2015-07-02 09:29:55| Chemicals - Topix.net

Green Tree-based camera company 360fly has signed a letter of intent with VSN Mobil to purchase assets, intellectual property and personnel connected to the company's 360-degree camera operations. The financial terms of the deal were not disclosed, but a news release said the deal includes 24 engineers who will become part of the 360fly team.

Tags: operation deal buying trading

 

Duke Energy CEO gets hefty pay raise 1 year after massive coal ash spill

2015-06-30 07:28:08| Energy - Topix.net

Duke Energy's board of directors has voted to bump CEO Lynn Good's salary above $1.2 million, calling her performance 'exemplary' just a year after a Duke coal ash spill filled 70 miles of a North Carolina river with toxic heavy metals. In this April 2, 2014 file photo, Duke Energy president and CEO Lynn Good gestures as she speaks to a business group during a luncheon in Charlotte, N.C. Good is getting a raise a year after the country's largest electric company confronted a coal ash spill that coated 70 miles of a North Carolina river in sludge containing toxic heavy metals, the company said in a regulatory filing Monday, June 29, 2015.

Tags: year pay energy raise

 

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