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Huge Pension Fund in Norway Will Divest Many of Its Coal Holdings

2015-06-05 19:02:00| Climate Ark Climate Change & Global Warming Newsfeed

Yale Environment 360: The Norwegian Parliament has voted to sell off many of the coal-related investments in the governments massive $890 billion pension fund, a significant boost to the growing fossil fuel divestment movement. Norways sovereign wealth fund is the largest such government fund in the world, and parliament voted Friday to order the fund to shift its investments out of billions of dollars of stock in companies that rely at least 30 percent on coal. A spokesman for the firm that manages the governments...

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Duke Energy Implodes Historic Coal Units At Retired Cape Fear power Plant In Moncure, N.C.

2015-06-05 06:59:54| plantautomation News Articles

With one final blast, Duke Energy's retired, coal-fired Cape Fear power plant in Moncure passed into history today, marking both theend of major demolition at the site and the end of an era

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Environmentalists fight back against coal ash disposal plan

2015-06-05 05:59:34| Energy - Topix.net

Environmentalists urged Pennsylvania officials to reject a proposal by FirstEnergy Corp. to ship coal ash from a Shippingport power plant to a site in the state's southwestern corner. The Environmental Integrity Project, Sierra Club and Earthjustice submitted a letter Tuesday that asked the Department of Environmental Protection to deny FirstEnergy's application to modify a permit for the closed Hatfield Ferry power plant landfill, the Beaver County Times reported .

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Woodside CEO slams coal industry: 'Give me a break, who coined clean coal.'

2015-06-04 16:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Financial Review: Woodside chief executive Peter Coleman has joined the heads of the world's largest oil companies in attacking the environmental impact of coal and pushing gas as a cleaner alternative in electricity generation ahead of critical climate change talks in December. Mr Coleman gave a punchy speech at the World Gas Conference in Paris on Wednesday during which he ridiculed the concept of "clean coal" and argued that only a combination of natural gas and renewable energy sources was "not simply a global...

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Time for gas industry to stand up to coal

2015-06-04 08:15:54| Oil & Gas - Topix.net

Woodside Petroleum says the oil and gas industry shouldn't be afraid of extra supply coming into the market because it could replace dirty coal. The oil and gas giant says liquefied natural gas can contribute to cleaning up air quality in the polluted mega-cities of Asia.

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